Market Analysis

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: 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 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

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

Breaking forex news highlighted the growing concerns of forex brokers over potentially predatory practices by so-called ultra-fast or high-frequency traders (HFT). Interdealer broker ICAP said that its EBS trading platform would clamp down on “flash” orders and similar controversial trading activities. Flash traders use highly sophisticated technology that allows them to view orders made by