Market Analysis

The US dollar held steady against the loonie despite more disappointing forex news regarding the US economy. The USD/CAD reached 0.9694 during early US trading, a close to four month low, although it later consolidated at 0.9709. Analysts said that the pair could reach its support level at 0.9666 and resistance level at 0.9774. According […]

This article will discuss several tidbits of news relevant to Forex worldwide. This includes information from USD, EUR, JPY, commodities, etc. The goal of this article is to provide sound but brief information to traders. USD Bearish Last Week and Probably This Week  Last week the USD was bearish. On Monday, September 17, 2012 it

With the heated battle between Samsung Galaxy S3 and iPhone 5 reaching the level of national dailies, it will no longer come as a surprise that the battle has also become one of the hottest and most anticipated forex news. Recently, via paid print advertisement, Samsung launched an advertisement entitled: “It doesn’t take a genius.”

As to be expected, millions of people are searching for inexpensive NFL tickets while the few traders who are truly focused on their preferred moneymaking endeavor continue to look for the latest forex news. While many would assume that attempting to find the hottest news releases regarding the currency market is quite a bothersome task,

In its latest statement, Apple lays claim that the number of pre-ordered units for the iPhone 5 has reached $1 million. This is within 24 hours of the product’s launch in the mobile market. This pushed back deliveries for the first million orders until October 2012. While Apple managed to make money move from people’s

In a Huffington Post article datelined September 14, 2012, (Nicosia, Cyprus), Spain, which was rumored as possibly not cooperating with the ECB’s bond buying program known as OMT’s or Outright Monetary Transactions, announced that it will reveal its new set of economic reforms by September 27. The announcement was made as aftermath of a meeting

The euro weakened against the dollar on the back of worrisome forex news regarding the Spanish debt situation that counteracted bullish news of a third round of Fed quantitative easing. The EUR/USD fell from 1.3084 to 1.3121 in US trading, while analysts said the currency pair would reach its resistance level at 1.3241 and its

It cannot be denied that while most people are currently thinking about the Twin Towers, traders keep their attention focused on all kinds of forex news. Indeed, while it is important to never forget the meaning of such a tragic event in world history, it would also be crucial to remain updated about the latest

It cannot be denied that while most people are spending much time talking about the finally-unveiled aspirational gadget that is the Apple iPhone 5, those who mainly make money through the currency market are enthusiastically discussing all sorts of forex news. As a matter of fact, true forex traders never fail to remain updated about

The US Dollar is at it again, continuing its small yet downward spiral against major players in the Foreign Exchange market. Specifically, Forex News have shown that even the dismal position of the Euro, the latter still managed to stay on top of USD in value. Traders are on standby for announcements coming from Ben