Breaking Forex News From FXCC. Latest, live, and dialy forex news from all around the world. Daily Market Analysis, Intraday Analysis, Upcoming Events, Forex News. Forex Technical Analysis Covering EURUSD, GBPUSD, USDJPY.
Yesterday, the EUR/GBP rebound ran into resistance quite soon. The pair hovered in a tight range roughly between 0.7805 and 0.7820 in Asian and early European trading. There were again very few eco data in the UK and EMU PMI data had also no noticeable impact on EUR/GBP trading. Very poor UK lending for homes […]
Market Commentary: Doomsday has Arrived for the UK and the EU at the Same Time Read More »
If the July Forex trend is of any indication, then the US dollar is an uphill and downhill ride. This is because while, the US dollar has kept its value amidst the turmoil engulfing the Euro and other currencies, the former still remains in bearish territory. This article will discuss US Forex reports for the
Forex News: Relative to the US Dollar (July 2012) Read More »
The Euro is in trouble and that is a fact. This article will not dwell on the obvious, rather this article will discuss problem areas specific to the current news of the day while at the same time provide indicators of positive movement. This article does not propose to discuss to the reader the what,
Forex News: Relative to the Euro (July 2012) Read More »
Simply put, the prices of commodities affect foreign exchange rates (some more than others). In addition, the more important a specific commodity is to a nation’s economy or the global economy, the more indicative that commodity is to Forex. For example, the price of crude oil, gold and silver are key commodities not only for
Forex Commodities News: Crude Oil July 2012 Read More »
As the Eurozone seemed to fall apart at the seams this weekend with everything unraveling let’s take a look at what Eco data is coming at us this week in the EMU. The week starts with the confidence indicators in the focus (PMI’s and German IFO), while also the M3 data will be worth watching.
Market Commentary: This Weeks Upcoming Economic Events in Europe Read More »
Forex News: After July 6’s announcement of poor NFP figures, the USD has continuously gained and is currently being considered as a currency that is safe as of the moment. However, this does not exclude the currency from all the risks that can occur within the ongoing week. According to expert analysis, there are two
Forex News: USD Risks Based on July 9 to July 13 Events Read More »
Forex News: The members of the European Union are still holding on to the strong image constantly being projected by Euro despite the crisis. According to the July 10 European Central Bank (ECB) statement, the euro has been successful enough to remain unaffected and untarnished by the euro zone debt crisis. However, the euro zone
Forex News: Euro Maintains Strong Image Despite Crisis Read More »
Forex News: With the release of employment data and with the impacts of the implications of the minutes of the FOMC meeting, the price action has become bearish for AUD/USD. The employment data is far from being impressive with a -27,000 or a total loss of 27 thousand slots in the job economy. This is
Forex News: AUD/USD Loses Bullish Stance after Release of Employment data Read More »
Forex news analysts said that despite news of a bailout package for Spain’s troubled banks, the outlook on the euro would continue to be bearish, with no reason to buy the currency as it would continue to trade low. Initial details of the bailout were announced by Euro Zone finance ministers after their two-day meeting
Forex News: Markets Indifferent to News of Spanish Bailout Read More »
One of the most disturbing pieces of forex news in recent weeks was the announcement that the euro had fallen to a new two-year low against the US dollar as the Euro Zone crisis continued to weigh on market sentiment. The EUR/USD fell to 1.2234 in US trading while EUR/JPY fell to a five-week low
Forex News: Euro Drops to Two-year Low on Continued Uncertainty over ESM Implementation Read More »
