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Aug 10, 12 •
5934 Views •
Market Analysis •
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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...
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Aug 10, 12 •
3151 Views •
Market Analysis •
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Comments Off on Forex News: EUR/USD Holds Steady on Lack of Volatility-Making Economic Developments
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...
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Aug 10, 12 •
2967 Views •
Market Analysis •
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Comments Off on Forex News: GBP/USD Strengthens Due to BOE Comments on Inflation Rate Increases
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...
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Aug 8, 12 •
2666 Views •
Market Analysis •
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Comments Off on US Dollar FOREX NEWS August 7, 2012
The opening week of August proved to be a roller coaster ride for the US Dollar. This is based on domestic movement as well as international movement. This article on Forex news will discuss several important events that contributed to the rise and fall of...
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Aug 8, 12 •
2818 Views •
Market Analysis •
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Comments Off on Forex News: The Weak UK Economy Will Continue to Weigh on the British Pound
The British Pound gained ground against the USD and the other European Currencies in early trading Tuesday after a report showed UK manufacturing output in June fell by 2.9%. Manufacturing output represents 25% of the total UK Gross Domestic Product. Traders...
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Aug 8, 12 •
2285 Views •
Market Analysis •
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Comments Off on Global Forex News August 7, 2012
Forex news is integral to effective trading. This is because the most recent political, economic, legal events determine, to a certain extent, the ups and downs of the Forex market. This is especially true if the same provides enough raw data and formulaic...
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Aug 7, 12 •
2266 Views •
Market Analysis •
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Comments Off on Euro Daily Forex News (August 2012)
The EURO is not doing very well in forex. Most experts believe that things could have been worst (if you can believe that). This article will discuss trending topics relevant to the EURO forex news for the opening days of August 2012. Special attention is...
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Aug 7, 12 •
3057 Views •
Market Analysis •
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2 Comments
Forex News means yesterday and today’s news. This is because of the numerous factors that can affect Forex trading. The past provides historical data, the present provides future movement. This article will discuss trending US Forex News, as close to real...
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Aug 7, 12 •
2303 Views •
Market Analysis •
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Comments Off on Daily Forex News GOLD VS. Japanese Yen
The Euro is on the decline and the USD, if its economists are not careful, will be approaching bullish territory. This means that Forex traders need to look elsewhere for safer trades and bigger returns. All indications point to gold as a commodity vis a vis...
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Aug 7, 12 •
2181 Views •
Market Analysis •
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Comments Off on Forex News Relative to Oil and Commodities
Oil as a forex commodity is said to be beyond the problems of the major currencies in themselves and as a pair. However this does not seem to be the case for the first few days of August 2012 as indicated by forex news. Of course this can be said to just...
