Forex news

The U.S. may be about to begin its holiday season but investors were not exactly welcomed by holiday cheer on Tuesday. The Preliminary GDP report came in below expectations with only a result of 2.0%, which was below the expectation of 2.4%. Wall Street promptly declined and the bad news which has continued from Europe combined with the [...]

Caution continued to rip across the broad markets and this helped spur the EUR, GBP, andamp; AUD to new lows against the USD. Monday as a whole didn’t even seem to produce much of an upward attempt for range regarding the EUR as it appeared to be under pressure most of the day. The situation regarding the financial crisis in Europe [...]

El vienes el mercado evidenció la misma tendencia que los demás días de la semana. El EURO se comerció dentro de un rango amplio y ganó valor al comienzo del día, pero con el avance de las horas comenzó a perder terreno, ubicándose cerca del extremo mínimo de su valor. Tanto la LIBRA como el DOLAR AUSTRALIANO siguieron la [...]

The EUR continued to trade on the weaker side of its range Thursday as E.U. bonds stayed under pressure, particularly as French debt has come under scrutiny. The GBP and AUD also traded towards lows as caution has increased. Equities declined and Wall Street is now negative for the month of November. Yesterday’s U.S. data didn’t give [...]

Broad markets turned in cautious trading on Wednesday. The EUR stayed near the lower realms of its value and the GBP and AUD also remained near lows. News continuing from Europe has stirred investor sentiment in a negative manner and this is having an effect on the E.U. bond markets. Today further debt auctions will take place and Spain [...]

The EUR stumbled out of the gate early on Tuesday and it continued to fall throughout. Sovereign debt in Europe continued to produce troubling yields among many nations and alarm bells must be going off in institutional investment offices globally now. As the EUR sank to new lows against the USD, the GBP and AUD followed in a EUR centric [...]

And with the seemingly quickness of flicking a light switch, the broad markets went from risk taking to risk adverse. The EUR traded significantly lower as the Italian bond auction results began to generate higher yields again. The GBP and AUD followed the Single Currency lower and the USD essentially became a magnate for safe haven [...]

Risk appetite may make an appearance in the equity markets today as Italy has passed it budget amendments over the weekend as promised. The EUR finished Friday on the high end of its recent value and the GBP and AUD followed it momentum upwards. Gold also turned in a rather solid round of gains and finds itself near short term highs. Wall [...]

Greek bonds, Italian, Spanish bonds, French – investors continue to push the envelope. Although the EUR gained on Thursday it did this after wide losses on Wednesday. Questions continue across Europe regarding the Sovereign Debt crisis for many nations as developments and rumors continues. Trading may be rather cautious today taking [...]

One day is all it took for investor sentiment to turn. After showing some short term risk taking on Tuesday, the lack of clarity from Italy and open discussions about the debt levels of the nation began to show up in an oppressive manner in the bond markets. Italian bonds began to see their yields increase to record levels and this sent a [...]