Market Analysis

Last week the USD closed at a near 7-month low, the EUR, JPY, crude oil saw some gains. At the start of this week’s trading day predictions were grim and traders are scrambling to get some sense as to where to place investments. As such, traders are clearly anticipating the release of relevant indicators such […]

As to be expected, while countless people continue to talk about the release date of Apple’s iOS 6, traders who are truly serious about their moneymaking efforts never cease to discuss the latest forex news. After all, no matter how interesting the next-generation mobile operating system might be, it would never be at par with

Bank of America has once again hit the forex news radar after suffering from the sluggish nature of its website. This has made the bank’s access point at the World Wide Web unavailable to users and bank clients for the rest of Tuesday. And this has caused confusion bordering chaos provided that the bank has

The pound trimmed losses against the US dollar following bullish forex news on US existing home sales. In US morning trade, the GBP/USD retreated from 1.6185 to land at 1.6227. Analysts said that the cable would likely hit its resistance level at 1.6271 and support level at 1.6142. According to the National Association of Realtors,

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