Market Analysis

The EUR/USD traded within a narrow price range as the market awaited forex news regarding the results of the policy meeting of the European Central Bank. During September 3’s morning session trading, the currency pair reached a low of 1.256 before consolidating at 1.2573. Analysts predicted that the pair would reach the support level at […]

It was on European slopes where rumormongers said Eddie Murphy met his death, having to be airlifted out of the mountains to a hospital where he supposedly was declared “dead on arrival.” This piece of news was merely a hoax – the website that reported it said so themselves, even stating that the story was

The predicted strength of Hurricane Isaac promises to affect not just the citizens but also the oil industry. It has been predicted that Isaac’s path along the Gulf of Mexico will hinder the production of oil, effectively raising the prices of oil. Considering the fact that oil today is already sky high, there’s a good

A Better Gauge of Regional Economic Stability? A report by Tiernan Ray published by Barron’s (July 24, 2012) on the conference call made by Apple’s Chief Financial Officer Peter Oppenheimer with market analysts following the release of Q3 and Q4 figures showing Apple’s dismal performance that fell short of market expectations was viewed by many

Tropical Storm Isaac passed over Cuba through Florida at the start of the week, mildly affecting forex news on some currencies.  Weather satellites show that the weather system continues to strengthen as it consolidates and threatens to turn into a hurricane within a day’s time or maybe even within just a few hours.  Hurricane and

In a recent post by Tim Worstall on Forbes dated 8/18/2012, the author clearly outlined the most important lesson to be learned from the Zeek Rewards debacle which the SEC ruled as another Ponzi Scheme and promptly closed it. In his dissertation, Worstall preached the age old investment adage which most investors often forget –

The US dollar weakened against the Canadian dollar during August 28 (Tuesday) trading, on the back of forex news that the European Central Bank would soon implement new measures to tackle the Eurozone debt crisis. The USD/CAD currency pair hit 0.9852 during early trading, its lowest point since August 21, before consolidating at 0.9855. Analysts

The US dollar traded lower against its major currency counterparts on the back of breaking forex news of a lower than anticipated consumer confidence index report. The USD/CAD fell to 0.9843 from 0.9880 and may reach the psychological level of 0.9800. The August consumer confidence index dropped to 60.6, its lowest level since November 2011.

This week is unfolding to be an interesting week as the US Open Tournament started its roofless round with powerhouse sisters Venus and Serena Williams taking their rackets to the courts this week and the next.  Tennis fans from all over have their eyes on the Williams sisters with Venus struggling with an ailment called

Believe it or not, this event made waves in the foreign exchange trading market. This event made it to the forex news due to the fact that this involves a prominent personality from one of the most highly regarded monarchies worldwide, Great Britain. About a year ago, Prince Harry has been a notable participant in