September 2012

EUR/GBP Trades Range-Bound As Markets Await ECB Bond Plan Details

The EUR/GBP traded within a narrow range in the hours before forex news reports regarding the contents of European Central Bank President Mario Draghi’s comments before a closed-door EU Parliament Committee in Brussels. The currency pair reached 1.5883 during the morning trading session in the US before consolidating at 1.5873. Analysts said the pair was

EUR/GBP Trades Range-Bound As Markets Await ECB Bond Plan Details Read More »

Forex Market Commentaries - Japanese For Quantitative Easing

USD/JPY Market Forecasts

Latest in Forex News shows that the US Dollar started to fall below expectations as the top market movers aided the slow descent of the currency. The US Dollar has been on a somewhat shaky trajectory for the past months and the Japanese economy has been slowly recovering since last year’s Earthquake. For one thing,

USD/JPY Market Forecasts Read More »

EUR/USD Under Pressure as Markets Await ECB Policy Announcements

The EUR/USD traded within a narrow price range as the market awaited forex news regarding the results of the policy meeting of the European Central Bank. During September 3’s morning session trading, the currency pair reached a low of 1.256 before consolidating at 1.2573. Analysts predicted that the pair would reach the support level at

EUR/USD Under Pressure as Markets Await ECB Policy Announcements Read More »