Market Analysis

It cannot be denied that even though Griselda Blanco’s death is commonly talked about these days, one should never overlook the importance of paying attention to discussions regarding forex news. After all, even though the life of a “cocaine queen” has finally ended, developments in the currency market never cease. While the task of remaining […]

Forex news regarding the European Central Bank’s debt buying program caused the euro to rally against the US dollar in September 5 trading. The EUR/USD reached a session high of 1.2623 before consolidating at 1.2603. Analysts speculate that the currency pair would most likely reach the support level at 1.2500 and the resistance level at

At the Democratic National Convention held at Charlotte, North Carolina Tuesday night, presidential spouse Michelle Obama delivered what politicians and spectators consider to be one of the finest speeches in a political convention.  Warm and personal, Obama’s speech touched on how the Obama administration has improved the lives of many Americans even during one of

Costa Rica was shaken by a powerful 7.9 earthquake leaving some houses and roads damaged.  The epicentre of the quake was located at the beach town of Cangrejal, 87 miles west of the capital city San Jose.  Costa Rica president Laura Chincilla assured everyone, however, that the strong quake that was felt all through a

With the forex news stating that ECB is set to announce its policy decision regarding a much anticipated 25 basis points rate cut and reveal its bond purchase programs at 7:45 am ET today to be followed by a press conference by the ECB president Mario Draghi at 8:30 am ET, the market is quite

In an article written by Tom Fairless and Neelabh Chaturvedi for the Wall Street Journal datelined August 7, 2012, the writers cited the need for the ECB to restructure its bond buying program for it to have a more lasting impact. It must be recalled that the ECB has never been transparent with its bond

Recreational visitors who trooped to the Angeles National Forest in California were disappointed to be held off by roadblocks owing to a massive wildfire that raged through the weekend and into Labor Day. The wildfire started a stone’s throw away from one of the forest’s campgrounds and spread to over 4,100 acres of forest ground.

In the face of disappointing forex news on the US manufacturing sector, the UK pound continued to hold steady in morning trading against the US dollar. During the session, the GBP/USD currency pair reached a daily low of 1.5859 before consolidating at the 1.5876 level. Analysts said the pair was likely to reach the support

The euro traded lower in European sessions against the dollar on the back of disappointing forex news regarding the US manufacturing sector and the region’s ratings outlook. The euro traded lower in European sessions against the dollar on the back of disappointing forex news regarding the US manufacturing sector and the region’s ratings outlook. The EUR/USD

Without a doubt, most traders are still thinking about the various events that took place during the Labor Day and thus might have missed the hottest forex news. After all, while most people would associate the above mentioned holiday with the rallies that occurred in Chicago, true currency traders are probably thinking about the start