Forex news

Investors turned cautious in mass on Tuesday as the broad markets traded sideways. While the EUR, GBP, and AUD did pick up some ground the day’s results appear to be more about a range narrative. Global equities turned in mixed performances also. The European saga continues its soundtrack and as investors listen attentively, investors [...]

While the EUR/USD kept to a rather cautious range in early trading on Monday and equity markets performed mostly to the upside it turned out to be the evening that delivered another dose of cold water on investors. The Sandamp;P ratings agency issued a stark warning to the entire Euro zone that the entire region could be downgraded if [...]

A second straight cautious day of trading ensued on Friday as investors continued to sit on the fence and take a wait and see approach to the markets. The United States released their critical jobless numbers and they proved rather debatable. Wall Street responded with a mixed day at best. Forex saw the EUR, GBP, and AUD inch lower as [...]

A quiet day of trading was attained on Thursday as the markets took a cautious tone. This occurred a day after large gains in riskier assets. Equities, including Wall Street, turned in mixed results Thursday. The EUR, GBP, and AUD all found rather tight ranges taking into consideration the previous day’s action. Setting the mood is the [...]

The broad markets delivered a relief rally on Thursday. This as the six major Central Banks issued a coordinated plan that provides the E.U. with an emergency relief program for its financial institutions that were becoming illiquid. The EUR responded to the measure with a quick turnaround and the GBP and AUD promptly followed suit [...]

The holiday season is almost officially underway regarding the shopping season and investors will begin to have their attention turned elsewhere. However the broad markets remain a firestorm and because of this Forex, equities, and commodities remain challenging. The EUR finds itself fighting along its lows against the USD, and the GBP [...]

The markets began on a positive note yesterday in light of uplifting reports concerning the European debt crisis, with Wall Street experiencing what can only be described as a purchasing frenzy. Markets also ended on a bullish note, halting a seven day decline, with Wall Street increasing its value between 2.5% and 3.5%. Investor [...]

Trading opens this week with the uncertainty of the European debt crisis, as well as the sharply declining markets of the previous week. Belgium and Hungarian credit ratings were reduced at the end of last week. However, not all was doom and gloom, with the markets receiving some good news over the weekend. The Italian publication “La [...]

Markets in the U.S. were closed yesterday due to Thanksgiving. European markets were open however, and began the day on a positive upswing. Investor sentiment was in a worrisome and cautious mood in the afternoon, with major concerns about the economic future of Europe. The cautious nature of investors was further justified by the 2% [...]

Traders will enter today’s and tomorrow’s sessions with their eyes focused on Europe. The Americans are on holiday today and this will bring volumes to a near standstill after the European trading hours come to a close. The EUR continues to meander downwards against the USD and the GBP and AUD also have shown little fight. Safe haven [...]