Market Analysis

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

Phyllis Diller, a veteran actress and comedienne, died of old age in a peaceful manner in her sleep last Monday, according to her manager. She has been known for her unique humor that focuses on self-deprecation. She died in her home at Los Angeles. You might think that this event has nothing to do with

Anything to do with the election season in the United States are being monitored by forex news watchers and analysts not just in the United States, but even by those who are participating in forex trading activities across the shores. The current turn of events have somewhat negatively affected the current economy of the United

At 5 AM of August 22, Miami National Hurricane Center releases an advisory on what to expect about the most recent development on the weather system named Isaac. From being a tropical storm, it was discovered that its strength has intensified and might reach the strength of a hurricane at any point. This news has

Women empowerment! The United States has always been known for its being liberal minded and for loving freedom and equality. One of the most recent manifestations of this love for equality was found at the Augusta National Golf Club – a golf club which was exclusive for male members only. According to forex news analysts,

The royal scandal involving nude photographs of Prince Harry is proving to be a bigger piece of news, overshadowing the British forex news from the global markets. Prince Harry’s “jewels” displayed while playing a game of strip-pool in one of the MGM Grand’s VIP suites in Las Vegas were definitely hotter than the colored gems

Tropical storm Isaac, spotted on the Atlantic, threatens to turn into a hurricane and hit Florida’s west coast.  Although forecasters at Miami’s National Hurricane Center are still uncertain about Hurricane Isaac’s impact, preparations are underway for any contingencies that may arise.  The hurricane is expected to hit Florida early next week coinciding with the Republican