Market Analysis

The release of positive US forex news buoyed the dollar in Tuesday’s (April 14) trading. The EUR/USD currency pair traded at 1.2335 during the late morning trading session, which was 0.05% above the day’s opening price but below the previous intra-day low of 1.2340. In the past day’s trading, the EUR/USD had fallen from the […]

Strong UK forex news releases have boosted the GBP/USD currency pair, causing it to appreciate by 0.18% higher than its opening level. The GBP/USD reached 1.5672 during the US morning trading session before easing 0.05% to reach its consolidation level of 1.5674. Meanwhile, the EUR/GBP fell slightly by 0.04% to reach 0.7860 during intra-day trading.

With the United States advancing in technology, the economy, and in foreign exchange, many critics find it weird not having a female Presidential Debate moderator in the past 20 years. With the final decision of having Candy Crowley play that role, many people say that it’s a little too late. Candy Crowley’s supporters say that

Many people agree that Wisconsin Representative Paul Ryan is the best pick for US Presidential bet Mitt Romney for Vice President if the aspects are going to be limited to likeability and personality. But others are thinking twice if Paul Ryan has what it takes to be an effective number 2. One of Paul Ryan’s

Forex news on the possibility of fresh easing measures by the Japanese government weighed down the Japanese yen even as the US dollar was boosted by positive economic developments. The USD/JPY currency pair reached 78.86 during the European afternoon trading session, which was the highest level it had reached since July 18, before finally consolidating

Breaking forex news that the Euro Zone fell back into economic contraction caused the euro to weaken against the US dollar during late morning Tuesday (August 14) currency trading. However, the losses were limited by sentiment among market participants that global central banks would act to stimulate economic growth. The EUR/USD grew 0.24% to 1.2361

Forex news regarding falling commodity prices caused the Canadian dollar to weaken against its American counterpart in August 14 trading as the two currencies struggled to reach parity. During the early part of the trading session, the USD/CAD reached 0.9707, a session low, although it later consolidated at the 0.9913 level. Analysts said the pair

Forex news that the Bank of Japan would not undertake new measures to weaken the yen continued the currency’s appreciation against the dollar and the euro. The dollar traded at the range of Y78.44 – Y78.60 while the euro fell to Y97 from Y97.46.  The yen has strengthened by 1.4% against the dollar over the

With little major forex news breaking in the past few days, the euro continued trading flat against the US dollar and held steady at the $1.2400 level on August 7 trading. The only major economic news from the region came out of Italy, with its second quarter Gross Domestic Product (GDP) figures showing that the

UK forex news from the Bank of England (BoE) caused GBP/USD trading to end at the 1.5655 level, higher than the low of 1.5644 that it had recorded during the August 8 trading. The UK pound had earlier touched that low due to higher-than-expected trade deficit figures although it attempted to stabilize at the 1.5650