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Sep 12, 12 •
2496 Views •
Market Analysis •
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Comments Off on US Dollar Looks Glum as Nation Looks Back at 9/11 Terror Attack
It has been eleven years since that day when terrorists took down the twin towers of New York’s World Trade Center, taking thousands of innocent lives of both tenants and rescue personnel. The day of what is considered to be one of the worst terrorist...
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Sep 12, 12 •
2368 Views •
Market Analysis •
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Comments Off on GBP/USD Hits Four Month High Following Threatened US Credit Downgrade
The UK pound traded to a four month high during September 11 trading following a forex news announcement on Moody’s threatened downgrade of the US credit rating. At morning trading, the GBP/USD hit 1.6049, its highest level since May 15, before...
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Sep 12, 12 •
3769 Views •
Market Analysis •
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3 Comments
After being found unconscious and near death in his car last July 9 in an apparent suicide attempt, the 64 year old Russell Wasendorf, chief executive of the Peregrine Financial Group has since been indicted of 31 counts of lying to regulators. He has...
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Sep 12, 12 •
3108 Views •
Market Analysis •
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Comments Off on Standard Chartered to pay the New York DFS $340 million in Fines for Illegal Dollar Transactions
According to a news account by Farah Khalique and Giles Turner as reported on the Financial News dated September 12, 2012, Standard Chartered, a UK bank agreed to settle the charges levied against it by the New York State Department of Financial Services. The...
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Sep 12, 12 •
2025 Views •
Market Analysis •
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Comments Off on EUR/USD Trades Higher on Back of Threatened US Credit Downgrade
The euro traded to a four month high against the US dollar following forex news of a threatened credit downgrade against the US. The EUR/USD traded at 1.2840 at morning US trade, its highest level since May 15, before consolidating 1.2830. Analysts said the...
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Sep 12, 12 •
2170 Views •
Market Analysis •
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Comments Off on Forex News: Optimism is Today’s Theme
Without a doubt, while countless people throughout the world are talking about Jerry Lawler’s condition, traders are eagerly discussing the latest forex news. It should be pointed out that those who make money through the currency market are still concerned...
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Sep 12, 12 •
2167 Views •
Market Analysis •
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Comments Off on Forex News: Diverse Updates, Varied Outlook
While most people are attempting to learn about the recent GoDaddy crash, there are those who remain focused on searching for more forex news. Indeed, even though it is quite interesting to uncover the root of the web-hosting giant’s technical problems, it...
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Sep 11, 12 •
3287 Views •
Market Analysis •
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1 Comment
The euro traded lower against the US dollar on Monday sessions, although investors continued to support demand for the single currency in the wake of recent forex news regarding details of the European Central Bank’s bond buying program. The EUR/USD hit...
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Sep 11, 12 •
3118 Views •
Market Analysis •
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Comments Off on Forex News: Dollar Position Still Poor Against Yen and EUR
As every experienced Forex trader knows, the currency market can be affected by a large number of things from the country’s economy to the political stability of the nation. This is why it isn’t surprising that the Obama speech is something lots of Forex...
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Sep 11, 12 •
2608 Views •
Market Analysis •
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Comments Off on Forex News: Euro Weakens; US Dollar Does the Same
The Euro has been doing pretty good during the start of week in its fourth consecutive gain. This isn’t really surprising since authorities have mostly been optimistic about the situation thanks to the policy meeting conducted by the European Central Bank....
