Market Analysis

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

It cannot be denied that most people are currently talking about Michael Clarke Duncan’s death, while only a few are spending time to discuss the latest forex news. Even though the Green Mile actor’s passing is truly tragic in more ways than one, it would also be appropriate to say that one’s reluctance to pay

Currency pair EUR/USD arrives near the day lows – nearing but not quite reaching the 38.2 percent range for 2012. It enters at 50 pips or more – definitely a narrow trading range for the currency. At this level, it is up to the intraday buyers to make sure that the currency gets back on

The EUR/GBP traded within a narrow range in the hours before forex news reports regarding the contents of European Central Bank President Mario Draghi’s comments before a closed-door EU Parliament Committee in Brussels. The currency pair reached 1.5883 during the morning trading session in the US before consolidating at 1.5873. Analysts said the pair was

Latest in Forex News shows that the US Dollar started to fall below expectations as the top market movers aided the slow descent of the currency. The US Dollar has been on a somewhat shaky trajectory for the past months and the Japanese economy has been slowly recovering since last year’s Earthquake. For one thing,

Families and groups of friends spent the holiday on picnics and gatherings that spelled the end of summer but Labor Day forex news on the financial front do not leave much cause for celebration. Labor figures remain at the 8% levels, still several notches up from where the US government wants it to be. But,

While countless individuals seem to be focused on the outcomes of recent college football games, especially the matchup between Ohio and Penn State, there are those who would rather pay attention to forex news. Indeed, forex is as dynamic as any sport. After all, currency-trading endeavors are also associated with wins and losses. It is

Latest Forex News show that the value of the Euro climbs a bit higher against the United States dollar as the latter experiences a combination of problems that pulls the currency value. Right now, all the currencies are range bound with the Euro still a little birth higher than the US Dollars on last check.