Forex news

Broad markets continue to display a rollercoaster like ride, along with a wealth of caution being spoken, as investors look for profits where ever they can find them. Risk appetite appears tentative and safe haven trading has certainly remained a magnet, having said that the EUR has done rather well taking into consideration that the news [...]

Wall Street continued to mount gains on Wednesday, but it will be put to the test along with the other components of the broad markets these next two days. The ECB holds their monetary policy meeting today and investors will be keen to see if President Trichet indicates that poor growth in the E.U. is going to make the European Central [...]

The broad markets experienced a fairly wild ride on Tuesday as the day began with distressing rumors surrounding some European banks and liquidity problems. The EUR suffered in early trading, but did manage to find firmer ground as the day progressed. This may have come about because of a pronouncement from the E.U. that they are putting [...]

Opinions differ so much in Europe that investors literally do not know where to turn. As investors looks for answers the problem that most of them face is that the questions cannot even be agreed upon. The Greek crisis is merely a small glimpse into the overall problems for the E.U. at this point. The Sovereign Debt concerns have grown [...]

As if on cue in a horror movie, Greece announced on late Sunday that it will have a difficult time keeping up with their austerity measures, will not meet their growth expectations, and will likely need further rounds of aid. This did not go over well as early morning trading began in Asia today, and will certainly build upon the already [...]

The EUR did well in early trading on Tuesday. In the States, Wall Street started off with good momentum and the markets flourished. However, as the trading day came to an end mixed pronouncements started coming from the E.U. once again as some of their latest proposals to formulate a safety net for Greece and related financial [...]

The EUR received a boost from an announcement via the E.U. that it plans on trying to institute a plan that would create greater liquidity for its ‘bailout fund’ if it is called upon. This created stability for the Single Currency after a rough start on Monday and equities began to also turn in positive movement. The GBP and AUD [...]

The EUR has continued to falter against the USD and this has come about as Europe has failed to deliver a unified policy front. As investors and other financial spheres, including the U.S., have asked Europe to provide a greater foundation and take action European policy makers continue to stumble and find it difficult to stand in unison. [...]

The EUR remained weaker on Tuesday as the news from the European Union didn’t inspire investors. The E.U. continues to face a complex mix of problems and what investors fear is that it is culminating into a conclusion. Having said that, the ability of the E.U. to literally push the can down the block and pray for a sunnier day has been [...]

With little to no major economic data released on Monday the broad markets turned in a rather cautious day. The EUR started off the day on weaker footing as it lost more value against the USD, but as the day progressed the Single Currency did find some stability and managed to finish with some gains. Interestingly, the GBP and AUD turned [...]