Market Analysis

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

For most part of the day yesterday, the EUR/USD pair showed strength, even as the Euro zone was besieged by a wide range of negative economic information that range from PPI to CPI, according to forex news today.  Germany was the only one to post a positive report for the day.  However, the German ZEW

AUD/USD Last week, the Aussie dollar made forex news headlines as it remained perched in its lofty status as the financial institutions’ currency of choice in light of the Reserve Bank of Australia’s very realistic monetary policy statements and the surprisingly high employment figures.  And although the currency hardly moved last week, it made a

It’s not only Julia Child’s 100th birth anniversary that made the news today as the US Dollar hit a record high for the month, breaching the 79 mark against the Japanese Yen. Likewise, the US benchmark 10-year Treasury note was pegged at 1.81 percent, off-shooting Japan’s similar maturity security by 97 basis points. Forex news

Forex news in relation to the Euro no longer shocks traders; and headlines on the US Dollar seem to always start with the word “Volatility”. This is one of the more outrageous statements coming from some sectors in Forex. Of course, traders still grit their teeth at the losses they are incurring but as a

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