Market Analysis

While millions are currently talking about the upcoming Avengers online game, a few prefer to discuss the latest forex news. Simply put, those who make money though the currency market would never waste time playing an MMO. Indeed, every bit of knowledge regarding the hottest developments in the world of forex allows traders to foresee […]

The US dollar traded lower against most other major currencies following bullish forex news that caused prices to rise to the point where traders began profit taking by selling the greenback, erasing its earlier gains. In September 26 Asian trading, the EUR/USD reached 1.2906, a 0.05% increase. The currency pair breached the 1.2000 mark and

This week really shows just how volatile the Forex market is. Just a few days back, the United States dollar and Japanese Yen were gaining ground due to the recent setbacks of the Aussie and Euro, especially the Euro. Right now though, the UK pound is the one stealing the spotlight and being targeted by

Without a doubt, while most people are currently remembering Andy Williams’ signature songs, quite a few remain focused on discussing the hottest forex news. Indeed, while the iconic crooner’s death is truly saddening, it would still be necessary to pay attention to the developments in the world of forex so as not to end up

It’s official: SAT and ACT results prove to show that high school students, on the average, all over the US do not have enough skills to make it through college. The disappointing college entrance examination results is not just a big announcement in connection to the state of the Union, it is likewise a big

USD Continues its Gains thru Risk Aversion and then Some Several trading days prior, some economists dismiss the continued gains of the US dollar (USD) as more a product of risk aversion and a weakness of the EURO. However with several USD indicators performing better than expected, it would seem that the USD as a

The UK pound traded lower against the US dollar on the back of bad forex news regarding moves to deal with the ongoing European sovereign debt crisis. The GBP/USD currency pair fell to 1.6182 during the morning US trading session before consolidating at the 1.6190 level. Analysts said the pair was likely to find its

The US dollar traded broadly higher against the euro following negative forex news coming out of Germany. During the US trading session, the US dollar traded at 1.2909 against the euro, a greater than one week high. The European currency weakened following news that the Ifo business climate index, which measures German business confidence, fell

Without a doubt, while millions continue to discuss the Real Housewives of New Jersey’s season finale, a few traders continue to worry about the latest forex news. Indeed, even though predicting the show’s upcoming developments might be an enjoyable endeavor, attempting to foresee the future of the global economy is still a much more rewarding

This article will provide a summary of the past trading week (September 17 -21, 2012) and an analysis of the current trading week (September 24 – 28, 2012). The goal of the article is simple, make use of historical data, as well as determine specific indicators to predict the direction of the Forex market to