Forex Insights

BoE Holds its Course

05/04/2012 14:47

ForexSpace.com - The Bank of England has maintained the UK interest rate at a record low of 0.5 perccent for another month. It also says it will kept the size of its asset purchase programme unchanged »

Forex news: Olympic Gold Medals Worth More Than Their Weight In The Yellow Stuff

05/04/2012 13:25

In today’s random forex news, we bring you reports that the gold medals at this year’s summer Olympics could be worth more than their market value. And with Andy Murray, who at the best o »

Forex news: Aussie And Kiwi Merger On The Horizon?

05/04/2012 12:35

Forex news wires are abuzz with the suggestion that Australia and New Zealand are again considering adopting a single shared currency. The proposal has been out forward by the countries’ produc »

It’s A Mega Maundy Thursday!

05/04/2012 12:25

ForexSpace.com - In the UK, today’s Bank of England meeting is not expected to produce any adjustments in QE or rates. Nonetheless, the minutes, along with the inflation report, will provide a s »

Editor’s View: The Real Cost Of This Greek Tragedy

05/04/2012 10:58

ForexSpace.com - Forex News reports how the economic crisis in Greece took a tragic turn yesterday, serving as a heart-rending reminding that austerity comes with a human face. A 77-year-old pensioner »

Forex News: More Rain For Spain

04/04/2012 18:27

Aside from the fight for French leadership and its potential consequences for forex traders, political volatility is also a feature of the Spanish landscape as we head into a Q2. According to the Spa »

EURO EXTENDS LOSSES AS DRAGHI SPEAKS

04/04/2012 15:42

ForexSpace.com - The euro may suffer over Easter break by a growing divergence between the growth outlooks for the US and euro zone. While the Fed has been seen to have rolled back from further QE, EC »

Compare the Markit.com!

04/04/2012 15:11

ForexSpace.com - Manufacturing figures from Germany suggests that industrial orders were up just 0.3percent in February. Economists had expected a rise of over 1percent after seeing a dip in January. »

Live forex news: ECB Build-Up

04/04/2012 13:57

There is just under an hour to before the ECB makes its highly anticipated policy rate decision and, according to Forex Space contacts, forex traders are not expecting any surprises. As the live forex »

Forex news: Gold Loses Its Sparkle

04/04/2012 13:19

The price of gold tumbled yesterday after the Fed. said inflation appeared to be under control. The yellow brick is often bought as a hedge against inflation, and the reserved comments soon encourage »

Trouble down under

04/04/2012 12:48

The Aussie slumped to a three-month low after data showed an unexpected deficit in the nation’s trade account for February. Imports outpaced exports by A$480 million in February, from a revised »

Enter The Draghi

04/04/2012 12:23

ForexSpace.com - The ECB is widely expected to keep interest rates at their current all-time low of 1 percent later today, a day earlier than normal due to the Easter break. But as Simon Denham, MD of »

UK PMI SURPRISES

04/04/2012 12:17

ForexSpace.com - The UK services PMI has just been released, better expectations to rise to 55.3 from 53.8 in February. The data, compiled by Markit/CIPS who survey the UK service providers, indicated »

EDITOR’S VIEW: YO-FO-YO-MC

04/04/2012 10:46

ForexSpace.com - This morning’s markets opened lower in the wake of last evening’s eagerly awaited US Fed minutes. The yo-yo of QE – is it on, or is it off, goes on. Just last week, »

Traders should brace themselves for political punch-ups aplenty

03/04/2012 18:33

As the green shoots of spring begin to emerge and the euro zone crisis blossoms into new and challenging form - forex trader sentiment is set to linger over the geopolitical complexities which lie ahe »

Greece is still the Word

03/04/2012 18:13

ForexSpace.com - A reminder that Greece is far from of the woods, the country looks unlikely to pay off its investors when a bond governed by non-Greek law falls due on May 15. Such an outcome is seen »

The Pain in Spain...

03/04/2012 15:50

ForexSpace.com - Open Europe, the influential eurosceptic think-tank and interest group, founded in London by UK business people, has just released a statement saying it does not consider Spain to be »

Osborne under pressure - BCC ups the ante

03/04/2012 15:05

A brace of surveys published today (Tuesday) suggest Britain's economic outlook appears modestly upbeat after businesses across all sectors staged a rebound in the first quarter of 2012. The British C »

Editor's View: As Easy as ECB

03/04/2012 14:30

ForexSpace.com - With Greece, (aka ‘The Island of the Blind’) already something of yesterday’s news – though it isn’t, of course (there’s still plenty more of that »

Greenback Rules... K.O.!

03/04/2012 14:23

ForexSpace.com - The USD, apropos the words of the eponymous Prince song, seems to be partying ‘like it’s 1994.’ That is to say, fund managers are getting excited that they're in for »

Asian currencies advance on US, Chinese positivity

03/04/2012 13:59

News of US manufacturing strength and Chinese PMI growth has set Asian currencies rising again, making Tuesday the third day of consecutive gains. Tokyo eased 0.59perccent to 10,050.39, while Seoul cl »

Dollar sinks on positive US data; risk appetite grows

03/04/2012 13:50

The dollar sunk ahead of a government report which showed U.S. factory orders rebounding in February. The report added to signs of recovery in the U.S. economy and has sapped demand for the relative »

Perfect Storm gathering for Euro

02/04/2012 17:50

ForexSpace.com - The economic signals across Europe on the first day’s trading of a new quarter certainly do not auger well. The final reading of March’s manufacturing PMI confirmed that t »

Euro zone jobless

02/04/2012 17:17

ForexSpace.com - On the first trading day of a new fiscal quarter, some grim data emerged to put the dampers on any thoughts of green Spring-time shoots. According to the European Union statistics off »

My Big Fat Greek Crisis: More misery for Philippos Sachinidis?

02/04/2012 15:55

ForexSpace.com - The Greek economy is in for an even bumpier ride as the year progresses, according to reports from the country’s well-respected think tank. The Foundation for Economic and Indu »

High Chinese PMI boosts metal-heavy rand

02/04/2012 13:40

ForexSpace.com - The rand notched up a second day of gains after positive economic data from China boosted metal prices. Forex news reports about China’s PMI climbing to a one-year high of 53.1 »

Yuan makes gains on positive PMI and Vice Premier positivity

02/04/2012 11:25

ForexSpace.com - The CHY made gains after a Chinese manufacturing gauge rose to a one-year high. The advance also came off the back of Vice Premier Li Keqiang’s comments about the country&rsquo »

Another brick in the Firewall

30/03/2012 17:15

ForexSpace.com - The much-touted two-day meeting of EU finance ministers has got under way in Denmark. Set against a tumultuous backdrop, the key decision - whether to increase the financial »

TURNING OFF THE TAPAS

30/03/2012 16:44

ForexSpace.com - The final trading day of Q1 looks to be closing out with a bang, forcing the market higher at the open. When we look back on Q1 of 2012 we will remember it for a decent rally in stock »

Can the U.S. spend itself to economic recovery?

30/03/2012 15:58

American banks enjoyed the lowest-ever lending costs in 2011, according to a report by Market Rates Insight (MRI), paying 16 cents for every dollar of interest earned from making loans. Just four yea »

Forex news: US Dollar Index slips despite overnight gains of 0.5%

30/03/2012 13:34

The US Dollar Index – which analyses the greenback’s strength against its major rivals - has slipped for the third consecutive week. Surprisingly dovish comments from Bernanke and several »

Euro rises on rescue fund speculation

30/03/2012 12:59

ForexSpace.com - The EUR/USD rose on speculation that European ministers will ramp up rescue fund sums. The 17-nation currency is heading for its biggest quarterly gain in a year versus the greenback »

Brussels Sprouts a Sense of Humour?

29/03/2012 17:17

ForexSpace.com - Ahead of a meeting in Copenhagen of finance ministers this Friday, expected to mainly focus on whether to increase the size of a permanent bailout fund from a planned 500 billion euro »

TEETERING ON THE BRINK

29/03/2012 16:18

ForexSpace.com - In euroland it never rains –  except mostly on the Spanish plains – but it pours! Coming on the coat-tails of much negative data emanating from the single currency ar »

US: Oiling the Wheels?

29/03/2012 15:33

ForexSpace.com - News from the US today headlined with Q4 growth figures, which show the economy expanded as anticipated, while personal income grew at a much faster pace than previously thought, all »

Spain strikes; Europe suffers

29/03/2012 15:09

ForexSpace.com The European markets are in free-fall as today’s Spanish general strike against austerity measures continues to affect trading. The measures, due to be announced in tomorrow&rsqu »

German jobless rate defies expectation; proves German resilience

29/03/2012 14:59

ForexSpace.com - The German jobless rate hit the lowest level since the Berlin wall fell two decades ago, data from the Federal Labour Agency has shown. The number of people out of work fell to a sea »

Bully Beef

29/03/2012 14:45

ForexSpace.com - As if ‘Pastygate’ wasn’t serving up enough hard to digest domestic gristle on David Cameron’s plate, the OECD has weighed in this morning with a main course to »

EDITOR’S VIEW: STRIKE UP THE BOND

29/03/2012 12:07

ForexSpace.com - Aside from ‘Pastygate’ in the UK, the euro zone is all over the news today like the proverbial cheap suit! First out of the stalls is the LTRO – or short-term cheap »

CASH IN THE STATIC

28/03/2012 17:12

ForexSpace.com - In news which suggests the huge injection of cheap cash courtesy of the ECB has done little to revive the region’s ailing businesses, latest data show the monthly flow of loans »

Iceland interest rate rises as krona tightening plans kick in

28/03/2012 15:03

Not a story about the amount of people intrigued by a new offer on frozen chicken nuggets - but the news that Iceland’s annual inflation rate accelerated for the second month in a row, according »

THE GREAT FIREWALL OF CHINA!

28/03/2012 13:29

ForexSpace.com - news Trade ministers conference of the BRICS group of emerging nations today, Chinese trade minister Chen Deming stressed that his country was “keen’ to contribute to a fu »

UK growth figures “worse than expected” – but what does it mean for 2012?

28/03/2012 12:37

The UK economy shrunk by an alarming 0.3percent in Q4, a report by the Office for National Statistics (ONS) said today. The slump has been primarily attributed to a shrinking service sector and has r »

EDITOR’S VIEW: IT NEVER RAINS – IT POURS!

28/03/2012 11:34

ForexSpace.com - news hears from Bank of New York Mellon’s Simon Derrick, (pictured) who poses an interesting question when pointing out how April was a dangerous month for euro zone in both 201 »

Mother of all Firewalls

28/03/2012 10:33

ForexSpace.com news: The influential Organisation for Economic Co-operation and Development (OECD) has cautioned European lawmakers today that the single currency area needs "the mother of all firewal »

Richmond Fed: March to a Grind

28/03/2012 10:21

ForexSpace.com - U.S. consumer confidence has remained close to a one-year high despite soaring petrol prices which threatened to undermine the effect of positive employment data. The Conference Boa »

Is a new currency war being waged?

27/03/2012 16:43

  ForexSpace.com - Drew Hillier hears from David Bloom, HSBC head of foreign exchange strategy, discussing the conundrum of Quantitative Easing: the more money you print, the less it’s wor »

Forex news: CNY rallies on Hu’s promise of greater flexibility and US QE fears

27/03/2012 13:51

The CNY has managed to break free from two days of decline on President Hu Jintao’s assertion that the nation would allow a more flexible exchange rate, according to forex news reports. The Chi »

Forex news: DKK/CKZ drops ahead of CCB meeting

27/03/2012 13:37

The Danish crown racked up a decline of 0.11% against its Czech counterpart early in Tuesday’s European trading session. This – in the wake of Denmark's foreign exchange reserves rose by 6 »

Forex news: Taiwanese dollar strengthens on possibility of US QE

27/03/2012 13:31

The Taiwanese dollar saw the most dramatic rise in over two weeks on optimism that investors will flock to emerging-market assets. The positivity comes off the back of an announcement by the Fed whic »

LIQUID ASSETS

27/03/2012 11:26

ForexSpace - Forex news sees the three-month Libor to have stalled in March in the wake of its January peak. This surely indicates the stress-relief felt by markets when the ECB opened the LTRO sluice »

Gold Retesting the ‘C’ Word

27/03/2012 10:55

ForexSpace - Recent improvements in growth sentiment and forex news, especially in the US, coupled with a firmer greenback, could kick-start gold to retest its 2012 lows, below $1,600/oz, says Deutsch »

Are We About To Witness The Launch of QE3?

26/03/2012 17:52

ForexSpace - As the US Treasury Department said it will embark on secondary public offerings of preferred stock in six banks, trying to recover investments made at the peak of the financial crisis thr »

USD/JPY strengthens ahead of US housing and goods data

26/03/2012 16:57

The USD/JPY has strengthened for the first time in four days ahead of a U.S. report which will show an increase in orders for durable goods. Today will also see a US announcement from the National As »

Gold wobbles amid "challenging investment climate"

26/03/2012 16:54

The price of gold wobbled on Monday morning, as forex traders await speeches from central bank chiefs which could trigger some aggressive price swings. "While the market is still beneath the opening »

Positive German IFO data does little to move markets

26/03/2012 16:48

ForexSpace - German business sentiment rose in March, according to the IFO index. But despite an initial leap of 15 pips from the EUR/GBP, the forex news about German sentiment has had a negligible e »

Is The Market Underestimating The Extent of Contraction?

26/03/2012 16:27

ForexSpace - While there’s certainly be a good deal of relief across forex news this morning from the latest PMIs, many analysts are also placing on sentiment going forward this week on the Marc »

Lock, Take Stock and Two Smoking FinMins!

26/03/2012 12:47

ForexSpace - After an unseasonably sunny and warm weekend when British Summer Time officially began, (and which also appears to have occasioned the early kick-starting of the ‘silly season&rsquo »

Follow The Yellow Brick Road

22/03/2012 16:56

ForexSpace - Buried in yesterday's ‘Granny Bashing’ UK Budget, the Chancellor of the Exchequer imparted an interesting snippet of forex news, commenting that his Government was "taking the »

Win an iPad 3 with ForexSpace at the International Traders Expo in London, UK

22/03/2012 16:01

Join us, free of charge, at The International Traders Expo in London this weekend (Friday 23rd and Saturday 24th March 2012) and win an iPad 3! Address: Queen Elizabeth II Conference Centre. London, »

Forex news: Bernanke’s speech part 2/4 - more hawkish than expected?

22/03/2012 14:33

ForexSpace - Fed boss Ben Bernanke is due to deliver the second of four lectures to undergraduates at George Washington University later today. Early speculations suggest that the second part of the »

The Mourning After…

22/03/2012 13:32

ForexSpace - It’s been a morning of negative economic forex news this morning – and in the UK, at least, it’s not just the Budget which is getting a poor reception. Nonetheless, it w »

Forex news: UK retail sales data disappoints; Sterling plummets

22/03/2012 11:59

ForexSpace - The GBP/USD has been sent spiralling on a downward trend after it was revealed that UK retail sales plummeted in February. ForexSpace - According to the Office for National Statistics, r »

Forex education: Tips on trading on positive Chinese data

22/03/2012 10:35

The recent emergence of market - changing data in relation to the Chinese economy has caused forex traders to pay special attention to the Asian nation and its trading patterns. Other G20 countries ar »

UK BUDGET 2012 : IS THAT ALL THERE IS?

21/03/2012 16:56

ForexSpace - Back in the 1960s, a rather droll song written by Leiber and Stoller - and made famous by the singer, Peggy Lee, - went thus: Is that all there is, is that all there is If that's all th »

Forex news: USD/CHF climbs as Bernanke addresses US House Panel

21/03/2012 16:07

ForexSpace - The rally came after Bernanke made his speech to the US House Panel, leading to greenback gains against most of its major peers. At the time of writing, the USD/CHF is holding aroun »

Forex news: EUR/USD continues to fall after brief spike

21/03/2012 15:40

ForexSpace - Despite a brief spike which led the EUR/USD to a session high of 1.3256, the Euro resumed its downward trajectory against the greenback today. After failing to sustain gains it had made »

Forex news: Germany to balance budget early on new plans

21/03/2012 15:16

ForexSpace - A stamp of approval has been given to a midterm financial budget proposed by the German government which plans to bring the country’s budget back in balance two years earlier than p »

You’re all in it together!

21/03/2012 12:16

ForexSpace - Ahead of the big UK event today, the forex news swings on the pound rose to its highest against the dollar in over a fortnight. When Chancellor of the Exchequer George Osborne opens his r »

Forex news: Chinese slowdown puts damper on European markets

20/03/2012 15:27

The effect of China’s flattening demand for steel is weighing heavy on European markets. This morning a report from the BHP Billiton Ltd. (BHP), the world’s largest mining company, announ »

Forex news: USD strengthens on China slowdown

20/03/2012 11:20

The USD rose today after China’s slowing steel production boosted demand for the safety of the U.S. currency. The greenback strengthened against all its 16 major counterparts with the most sign »

Forex education: Keep an eye on outside assets

20/03/2012 09:53

As a trader, it can be very easy to become blind sighted by the trades you are involved with and ignore about other market movements. Focus is a good thing but some experts suggest that if you are too »

Forex news: GBP/USD continues to rally - breaks 200-day MA

19/03/2012 16:06

In NY trading sessions this morning, the GBP/USD rallied above the 200-day moving average at 1.5859. Following a positive Fed speech last week, which predicted “moderate economic growth” »

Forex news: EUR/SEK decline could reach 8.50 in 12 months

19/03/2012 15:04

After a mixed week for Swedish data, the latest forex news has left the nation’s currency in fairly good shape. The market cleared some key resistance by 8.93 to open a fresh upside extension b »

EUR/USD drops on weak construction data

19/03/2012 12:45

Forex traders have seen the EUR/USD dropped this morning on weaker Eurozone construction figures. Eurozone Construction Output decreased 0.8% in January, after declining 1.9% in December, Eurostat re »

WorldSpreads enters administration over accounting irregularities.

19/03/2012 10:18

Having suspended its shares last week over alleged financial irregularities in its accounts, Dublin-based WorldSpreads, says it had entered administration. The financial spread-betting company said t »

USD/JPY: A turning point?

19/03/2012 09:43

Today brought further news of the JPY/USD rally which has been on the ascent since the beginning of February. The pair started out trading in the 76.20 region, climbing for six straight weeks and peak »

Forex traders shocked as Brazil keeps interest rates low

16/03/2012 15:51

Brazil’s central bank has signalled that interest rates will remain near a record low for the next 18 months. The move has surprised forex traders who expected lawmakers to accelerate the pace »

Forex markets see JPYUSD fall on strong U.S. data

16/03/2012 15:44

The JPY/USD fell again yesterday, setting the pair on course for its sixth weekly drop in in the forex markets. The losses came as signs of U.S. growth and prospects of further stimulus by the Bank o »

Forex education: Gold and the forex market

16/03/2012 09:53

Historically, the USD and the so-called yellow brick have shared a close relationship. The precious metal is denominated in USD and, despite occasional instances where the two break free from one anot »

Forex news: UK could lose AAA rating, warns Fitch

15/03/2012 14:36

Forex news reports showed the GBP weakened against the USD and EUR after Fitch Ratings said that the UK could lose its coveted AAA investment rating. Late yesterday Fitch followed Moody’s in ch »

Forex market advances for the CHF/EUR on positive growth forecasts

15/03/2012 12:07

The CHF/EUR strengthened today for the first time in four days after the Swiss National Bank (SNB) raised its growth forecast for the nation. The currency climbed from a seven-week low against the do »

Forex news: NOK/USD drops as Norges bank cuts key interest rate

15/03/2012 11:49

The Nowegian krone dropped against the USD yesterday, maintaining losses today on the central bank’s decision to cut interest rates. Norges Bank decreased its main interest rate by 25 basis poi »

Forex education: Catching forex trends

15/03/2012 10:31

One of the most common ways to trade trends on the forex market is using pivot points displayed by forex charts. Points are calculated on the basis of average prices clocked up by the pairs in the pre »

AUD gains as forex market rallies on commodities

14/03/2012 15:23

The Aussie gained after stocks and commodities rallied on positive Fed forecasts which indicated that the US economy is improving. Minutes from the Fed’s monetary policy meeting revealed that t »

Forex news: UK jobless rises; GBP reverse gains against the greenback

14/03/2012 15:09

Sterling reversed gains made against the USD after forex news reports revealed rising unemployment in the UK. According to statistics from the Office for National Statistics (ONS), the jobless total »

USD/JPY gains on positive forex trader sentiment

14/03/2012 15:00

The USD/JPY has hit an 11-month high on solid US data and positive growth forecasts from the Fed. The positivity reduced forex trader expectations that the central bank will begin a third round of bo »

Forex education: How to prepare for your forex trading day

13/03/2012 16:17

During a trading day, it is essential to stay well informed about the best trades to get on board with and be up to date with the latest forex education tips, news and views. But what can a trader do »

Forex market sentiment on the way up ahead of Fed announcement

13/03/2012 13:47

U.S. stock index futures advanced this morning before a monetary policy announcement from the Fed, and ahead of data expected to give the forex market clues about consumer spending. "The path ahead f »

Quarterly BIS reports shows reluctance from forex traders

13/03/2012 09:39

The number of forex traders using the marketplace dipped sharply towards the end of last years on concerns over the fate of the eurozone, the Bank for International Settlements said in its quarterly r »

Forex traders reserved toward eurozone despite Greek deal promise

13/03/2012 00:00

The euro continued to struggle against the yen and the dollar as forex traders switched concern from Greece to other troubled eurozone countries. Greece’s private creditor debt-swap took positi »

Forex news: U.S. dollar gains on positive economic data

12/03/2012 14:48

The U.S. dollar continued to trade near its highest level against the euro for almost a month on the forex news that the recovering labour market is likely to reduce the chances of a further Federal R »

Forex education: Five golden rules which to take your trading to the next level

12/03/2012 00:00

Implementing some serious forex trading money management techniques can help you to take your account from novice to pro in a matter of days.  Expanding your forex education as much as you can b »

Forex news: Euro weakens on positive Greek debt swap meeting

09/03/2012 12:14

The euro weakened for the first time in three days following forex news reports of a relatively successful Greek bond swap with private investors. Forex traders relinquished their stake in the curren »

Forex traders watch as Chinese inflation rate falls

09/03/2012 11:59

The case for easing Chinese monetary policy was boosted once again when the nation’s inflation rate slumped to a 19 month low. Consumer prices inflation (CPI) fell 3.2% year on year in February »

Forex education: Who is really in control of the forex markets?

09/03/2012 09:47

No forex education is complete without a comprehensive understanding of who controls the forex markets and how you, the retail trader, fits in to the system. Firstly, it is important to establish the »

Forex news: Philippine peso gains for second week

09/03/2012 00:00

The Philippine peso gained for a second week as forex news shows reports suggest that incoming money sent home by Filipinos working abroad will support demand for the currency. “Remittances are »

Canadian dollar gains as forex traders expect positive interest rate announcement

08/03/2012 14:34

The Canadian dollar gained yesterday on speculation that Canada’s central bank will keep its interest rate unchanged. The decision will be announced later today after a monetary policy meeting »

Forex news: Asian currencies advance on positive Greek debt-swap and Chinese policy developments

08/03/2012 00:00

Asian currencies have advanced on speculation that bond holders will accept a Greek debt exchange deal, tempering concern that the nation will default on payments. Five small Greek pension funds - ho »

Euro climbs as forex markets anticipate good news from Greece and the ECB

08/03/2012 00:00

The euro advanced for a second day against the yen and the dollar ahead of Greece’s debt swap offer and the European Central Bank’s interest rate decision. “We seem to be inching to »

Forex news: Aussie weakens as RBA prepare for rate decision

07/03/2012 00:00

Australia’s unchanged interest rates have caused the nation’s dollar to fall to a two week low. The Reserve Bank’s decision to leave rates unchanged was followed by the announcement »

Canadian dollar dips as the forex market responds to news of slower Chinese growth

07/03/2012 00:00

The Canadian dollar declined yesterday on the news that Chinese economic growth may slow this year. China reduced its growth target from 8% to 7.5% yesterday as Premier Wen Jiabao told the annual mee »

Forex traders watch as Eurozone GDP data causes euro to weaken

07/03/2012 00:00

The euro has remained weak against the Japanese yen and Swiss franc ahead of a report to be released later today which forex traders expect to show a shrinking eurozone economy.  The preliminary »

Forex traders nervous ahead of Greek swap deal

07/03/2012 00:00

The euro strengthened against the dollar on the expectation that private investors will accept a Greek bond exchange deal that will secure a second rescue package for Greece. The shared currency gain »

Forex news: Yen makes gains as traders seek refuge from volatile markets

07/03/2012 00:00

The yen held gains from yesterday versus most of its major counterparts as forex news reports encouraged traders to seek refuge from declining Asian stocks and the delicate eurozone economy. “T »

Forex markets respond well to positive S. African data; rand makes gains

07/03/2012 00:00

The South African rand rose against the dollar at the beginning of the trading session today, snapping three-days of decline against the greenback. The gains have been attributed to the rise of South »

Forex education: Should I be worried about algorithms infecting forex markets?

07/03/2012 00:00

If you are a regular reader of financial news or trader blogs, you may have heard about the threat that algorithms pose to retail traders on the stock market. Since the forex and stock market share m »

Who trades forex?

06/03/2012 00:00

With a daily trading value of around 4 trillion dollars, who is out there getting a slice of the forex trading pie? Well, it will come as no surprise to hear that most major international corporation »

Forex education: Using a heat map

06/03/2012 00:00

• What is a Foreign Exchange heatmap?
• How to use is?
• What can it do for me?
• All your questions answered inside...

What does a Foreign Exchange heatmap do? The Foreign Exchange heat map is a real time visual representation of the strengths of major currencies relative to others. It organises all of the major curr »

Forex markets see yen strengthens as China drops growth target

05/03/2012 00:00

The yen made its biggest gains in a week against the euro after China said that it will lower its target for economic growth. In response to the announcement, forex markets have sought out the relati »

Forex news: Pound declines against the dollar as UK growth forecasts cut

05/03/2012 00:00

Sterling declined against the dollar for the first time in five days following after the British Chambers of Commerce cut its UK growth forecast.  Delivering its quarterly economic forecast, the »

Forex traders watch Aussie and kiwi fall as Asian stocks decline

05/03/2012 00:00

The decline of Asian stocks has caused the Australian dollar to fall from a nine-month high, forex traders report. The so-called Kiwi also slid versus its Japanese counterpart after China, New Zealan »

Forex education…Key Terms

02/03/2012 16:00

As discussed yesterday, there are a number of trading options which can be adapted for both bullish and bearish market play, as well as a neutral approach to trading. Enhance your forex education wit »

Forex news: Canadian dollar makes further gains on optimism for raw material trade

02/03/2012 00:00

The expansion of the global economy has led to optimism that demand for raw materials will soar and prompted the Canadian dollar to peak at a five-month high. Canada derives about half its export rev »

Recession averted?; Forex markets see pound rise on positive construction news

02/03/2012 00:00

The pound rose for a sixth day on positive news from the U.K construction industry. The news boosted speculation that the country will avoid a recession and caused it to strengthen 0.2% by 10.30am. »

Aussie dollar gains as forex traders remain hopeful

02/03/2012 00:00

The Australian dollar reached a nine-month high as forex traders reacted positively to the prospect that the Reserve Bank will keep its interest rate unchanged. The so-called Aussie strengthened agai »

Forex news: Dollar weakens as demand for haven assets falls

01/03/2012 00:00

The dollar weakened against higher-yielding currencies before a positive U.S. report forecast about the state of the manufacturing industry reduced demand for haven assets. The greenback fell the mos »

Forex markets see Asian currencies fall following U.S. blow

01/03/2012 00:00

Asian currencies weakened following the U.S. Federal Reserve was reluctant to admit that any further monetary easing measures would be put in place. The Thai baht was headed for the biggest drop in t »

Forex news: Aussie and Kiwi dollars make gains on Chinese positivity Forex news: Aussie and Kiwi dollars make gains on Chinese positivity

01/03/2012 00:00

The Australia and New Zealand currencies gained versus most of their major counterparts on signs of improvement in Chinese manufacturing. The positive signs coming from Chinese manufacturing purchasi »

Forex market reacts positively to ECB loan allocation plans; euro rises

29/02/2012 00:00

The euro strengthened for a second day against the yen as the European Central Bank’s plans to grant loans to the region’s banks boosted forex market demand for the currency. “The e »

Forex news: Dollar declines ahead of Federal Reserve announcement

29/02/2012 00:00

The dollar declined against higher-yielding currencies ahead of a Federal Reserve Announcement by chairman, Ben Bernanke. The decline is being attributed to last month’s announcement that the c »

Forex news: German unemployment rates hold

29/02/2012 00:00

Germany’s unemployment rate has halted at its lowest rate in over two decades. The news adds weight to existing signs that Europe’s largest economy is regaining its former strength. »

Forex education: What is Bull or Bear?

29/02/2012 00:00

You don’t have read many financial articles or listen to many forex news reports to know that financial journalists love using the terms “bull” and “bear” to describe mar »

Forex education: Fibonacci Calculator explained…

28/02/2012 00:00

Before we get involved in a more detailed explanation of how the Forex Space Fibonacci calculator can be used to help your trading, there are a few key terms which it is vital that you understand. Th »

Forex news: Euro strengthens as Central Bank doles out loans

28/02/2012 00:00

The euro strengthened towards a three month high as the European Central Bank prepared to dish out a number of three-year loans which will improve the liquidity of the region’s banks. Forex new »

Forex markets show mixed picture for GBP

28/02/2012 00:00

The British pound has approached a three-week high against the greenback ahead of the release of important retail data. Later today, the Confederation of British Industry will announce that the gauge »

Forex traders watch Aussie continue to rise

28/02/2012 00:00

The European Central Bank’s proposal to help with refinancing in the region’s banks has helped the Aussie dollar rise to a one-week high. The so-called Aussie advanced as Asian stocks rev »

Forex education: Top tips for minimising risk in forex trading

27/02/2012 00:00

Forex traders will know that even a short time trading the forex markets can deal you some tough blows. There may be plenty of cash to be made from sensible trading and patient investment, but there a »

Aussie and Kiwi dollars decline as Greek fears continue

27/02/2012 00:00

Australia’s dollar slid from a seven-month high versus the yen amid forex traders remain concerned that Greece will face continued difficulties in resolving its debt crisis, damping demand for h »

Phillippine peso falls with an interest rate cut expected by the forex market

27/02/2012 00:00

The Philippine peso fell to a one-month low on forex market speculation that Europe’s lingering debt crisis may prompt the central bank to cut interest rates this week.   Forex market ana »

Forex news: China calls for euro zone debt crisis management

27/02/2012 00:00

China has called for better management of the euro zone debt crisis, high oil prices and volatile capital flows. The nation has also suggested that the Group of 20 nations should focus on ensuring a »

Forex traders have renewed confidence in German economy; Euro rises

23/02/2012 00:00

The euro has strengthened once again following boosted confidence in German business.  “Today’s Ifo report is very good news for Germany,” Annalisa Piazza, a fixed-income analy »

Forex news: Kiwi and Aussie dollars decline

23/02/2012 00:00

The Australian and New Zealand dollars have reversed a one-day advance against the yen as Asian stocks extended worldwide declines. Demand for higher-yielding assets has been curbed by the decline an »

GBP exchange rate drops on suspicion that the Bank of England will print more money

23/02/2012 00:00

The pound saw its exchange rate drop more than 1.00% against the euro and US dollar yesterday, on rumours the Bank of England might begin a fourth round of quantitative easing.  The drop came af »

Forex trader speculation causes dollar to make further gains

22/02/2012 00:00

Speculation about an impending announcement concerning growth in the U.S. economy has caused forex trader confidence to soar as the dollar rises to a seven-month high. The greenback gained for a fift »

Forex news: Asian currencies fall on concern for global growth

22/02/2012 00:00

Asian currencies have fallen for the second day as Greece’s bailout deal fails to allay concerns about Europe’s potential to slow world growth.  “The market is relieved but sti »

Aussie and Kiwi dollars advance against the yen on stock gains

22/02/2012 00:00

The Australian and New Zealand dollars, known as the Aussie and Kiwi respectively, have improved against the yen on stock gains. The gains reversed earlier losses incurred by both currencies and came »

Successful Greek bailout deal sees euro rise against the yen

21/02/2012 00:00

Following a successful Greek bailout deal, the euro has climbed to a three month high against the yen. But the 17-nation currency remained fairly unchanged against the greenback, as forex trader expr »

Forex news: Nordic currencies lose appeal

21/02/2012 00:00

Nordic currencies are losing their appeal as Sweden’s central bank cut interest rates last week, following the 4.3% dip in the country’s foreign export trade. The Nordic countries had pre »

Forex markets see Aussie decline despite Greek bailout

21/02/2012 00:00

Australia’s dollar dropped against all of its 16 major peers after the Reserve Bank released minutes of this month’s meeting  The meeting resulted in unchanged interest rates of 4.25 »

Forex Education: Don’t be misled by sensational forex news headlines

20/02/2012 00:00

As our top ten tips for forex trading will have told you, it is vital that aspiring forex traders keep abreast with the latest news developments. Reading the news regularly and staying up to date with »

Euro strengthens as forex markets responded to Greek bailout optimism

20/02/2012 00:00

The euro rose against the dollar for a third day as the forex markets reacted to speculation that the Greek bailout will be settled this afternoon. The 17-nation currency also strengthened versus the »

Forex news: Australian dollar stable as China’s central bank cuts reserve ratio

20/02/2012 00:00

The Australian dollar remained stable as Asian trading opened this morning. A U.S holiday had thinned volumes somewhat but the outlook remains positive for the so-called Aussie. Forex news sites rep »

Forex news: Standard and Poor’s threaten Japanese AA- rating

20/02/2012 00:00

Japan's AA- debt rating is at risk after Standard and Poor's warned that a downgrade is likely if medium-term growth prospects weaken. The ranking is supported by an “ample net external asset p »

Forex education: Dealing with your forex fears

15/02/2012 00:00

When you make the move from demo account trading into live forex trading with real money, fear is a common emotion to experience. But it is not restricted to the novice forex traders. Coping with fear »

Forex education: What is a pip? What is a lot?

15/02/2012 00:00

Developing your forex education by learning the definitions of certain key terms in depth is an invaluable part of the learning process. Unless you understand everything to do with the market you are »

Forex news: Yen falls against the euro as Greek deal is closed

13/02/2012 00:00

The euro rose toward a two-month high against the dollar after Greek PM, Lucas Papademos secured a second aid package for the nation. The shared currency also advanced against the yen and the Briti »

Forex traders opt for riskier carry trades

13/02/2012 00:00

The riskier carry trade market has experienced a surge of activity as forex traders appear calmed by the influx of central bank money to the currency market. “There’s less nervousness in the m »

Forex markets in Australia and New Zealand respond positively to Greek deal

13/02/2012 00:00

The so-called Aussie and Kiwi currencies have snapped three days of declines as a result of Greece’s aid package deal. The increased security in Europe left traders on the forex markets hungry fo »

Forex news: U.S. dollar falls as European talks falter

10/02/2012 00:00

The U.S. dollar has seen further advances against its major Asian counterparts as Greek ministers’ reticence to agree on an aid package for Greece saw the euro fall. The euro fell from a two-mo »

Aussie dollar declines in the forex markets as economists scale back predictions

10/02/2012 00:00

Forex markets have shown Australia’s dollar having fallen from a six-month high after the Reserve Bank lowered its forecasts for growth and inflation. The so-called Aussie weakened against most »

Forex traders prepare for a volatile day with the greenback

10/02/2012 00:00

At 12.30pm today, Ben Bernanke, U.S. Federal Reserve Chairman, will make a speech entitled "Housing Markets in Transition" at the 2012 National Association of Homebuilders International Builders show, »

Forex markets show euro strengthen to two month high

09/02/2012 00:00

The euro rose to two-month highs versus the dollar and yen on speculation the currency's finance ministers meeting today will approve a second bailout deal fro Greece. The 17-nation currency advanced »

Forex news: Ruble gains for sixth day running

09/02/2012 00:00

The ruble appreciated for a sixth day against the dollar as crude climbed, boosting the outlook for the currency of the world’s biggest energy exporter. The Russian currency added 0.4 percent t »

Forex news: Asian currencies gain as China set to step in to Europe crisis?

08/02/2012 00:00

Asian currencies gained for a second day on speculation that Greece is making progress in its efforts to secure additional financial aid. Forex news reports show. “The Greek progress has lifted »

Forex trader optimistic about Greek aid, euro rises against the greenback

08/02/2012 00:00

The euro rose to a seven-week high against the yen as forex traders speculated about Greece’s progress with gaining much-needed international aid. Ahead of Greek Prime Minister, Lucas Papademos »

Forex markets respond positively to European support, Canadian dollar falls

08/02/2012 00:00

The Canadian dollar (CAD) gained versus its U.S. counterpart and the Japanese yen, while falling against the euro. Forex markets have today responded positively to the tone of talks concerning the po »

Forex education: What is the carry trade?

08/02/2012 00:00

The “carry trade” is a trading strategy most commonly employed by banks, investment funds and traders in the forex market. A carry trade basically involves borrowing or selling a currency »

Japanese "stealth intervention" affects forex rates for the yen

07/02/2012 00:00

The yen weakened for the third time against the U.S. dollar for the third time in four days. Japanese forex rates fell against all of its 16 major peers after Japanese Finance Minister, Jun Azumi, sa »

Aussie dollar soars, forex news shows

07/02/2012 00:00

The Australian dollar has peaked at a six-month high after interest rates were left unchanged by the Reserve Bank. “Much remains to be done to put European sovereigns and banks on a sound footi »

Greek talks continue; forex markets wait nervously for developments

07/02/2012 00:00

Prime Minister of the interim Greek government, Lucas Papademos, is holding further talks today to try and limit the damage done to his country’s economy by crippling debt. Greece and its inter »

Forex education: What does “stealth intervention” mean for forex traders?

07/02/2012 00:00

From time to time the news surrounding the forex markets throws up terms that some forex traders may not be familiar with. If you are to be a successful trader, it is important that you give yourself »

Forex news shows euro continuing to decline

06/02/2012 00:00

  The euro slid the most in a week against the dollar and the yen, as fears about the need for a further Greek bailout heightened. The 17-nation currency slid against 13 of its 16 major peers a »

Asian foreign currencies decline as European debt talks continue

06/02/2012 00:00

Following four days of consecutive gains, Asian foreign currencies have snapped their advance as a suspected result of Europe's unresolved debt crisis.   The Thai baht, India’s rupee and »

Forex traders watch Aussie dollar fall

06/02/2012 00:00

Australia’s dollar fell after a government report showed retail spending unexpectedly declined, adding to the case for the Reserve Bank to lower interest rates tomorrow. The so-called Aussie we »

Forex education: How to face your forex trading fears

06/02/2012 00:00

Making money from forex trades is about an awful lot more than just buying and selling at the right time. Successful traders must display a strong mental attitude in the midst of stressful trading con »

Progress of the yen on live forex charts alerts Japanese Finance Minister

03/02/2012 00:00

Progress of the yen on live forex charts alerts Japanese Finance Minister Japan’s Finance Minister has reinforced his warning about allowing the yen to strengthen to a postwar high.  Hint »

Choosing the right automated forex trading software - 5 key considerations

03/02/2012 00:00

Finding the best automated forex trading software for you can be an intimidating task. Every system will have its own strengths and weaknesses and purchasing the right system has the potential to help »

Aussie exchange rate affected by declining automobile industry

02/02/2012 00:00

According to the Australian Bureau of Statistics, the value of Australia’s automobile industry plunged to its lowest level since 1998 last year. The decline is thought to be a result of reduced »

Dollar weakens as Asian currencies make gains, forex news reports show

02/02/2012 00:00

The dollar continued to weaken against most of its 16 major counterparts ahead of U.S. data that may show an improving job market. According to forex news reports, the positive announcement is expect »

Forex traders choose safer yen over risky euro

01/02/2012 00:00

  For the third day running, the euro fell against the dollar as reports about Portugal’s plan to sell bills emerged. Portugal will sell 105-day and 168-day bills today. This comes after »

Why you should be trading the forex market

01/02/2012 00:00

The forex market operates in a very similar way to the stock and options market as a space where people are able to buy and sell stock in order to reap a profit in the process. But with forex trading, »

Getting the most out of trading Asian foreign currency

31/01/2012 00:00

As our previous article about how to pick the right Forex currency pairs for you explained, sticking with major pairs are the most sensible idea for inexperienced traders who are new to the Forex mark »

Forex market for GBP set to strengthen following BOE speech

31/01/2012 00:00

At 3pm today traders should be prepared for the GBP to strengthen, according to Forex market predictions. The Governor of the Bank of England, Mervyn King, will be making a speech in Brighton today a »

Forex traders should watch Japanese economy closely

31/01/2012 00:00

Japan’s government have admitted that they may struggle to meet their goal to rebalance the budget by 2020, even given its plan to double sales tax. “Japan’s economic activity has b »

Forex markets move in favour of the GBP over the USD

31/01/2012 00:00

The British pound has advanced to its strongest position against the dollar in two months. Forex markets for the GBP reacted positively to the results of a survey conducted by GfK NOP Ltd., which wer »

Forex charts show improved Euro exchange rate as German unemployment falls and Greek talks make progress

31/01/2012 00:00

A report showing that Germany unemployment levels have fallen to 6.7% from the expected 6.8% has boosted the Euro’s performance, forex charts have shown. The number of unemployed decreased by 3 »

How to find the best forex broker for you

31/01/2012 00:00

The retail forex markets can be a highly competitive place and securing yourself the services of a top class broker is invaluable. Finding a broker that is right for your trading aims and will guaran »

Forex markets show euro decline against the dollar ahead of Brussels conference

30/01/2012 00:00

  The euro has fallen against the dollar, breaking a six day run of exchange rate improvements against the greenback. Forex market have reacted as EU leaders prepare to meet in Brussels am »

U.K. exchange rate falls while government gilts make gains

30/01/2012 00:00

The pound fell against the dollar, after four days of steady gains. An industry report showed UK home prices stalled last month and a gauge of demand declined caused the currency’s exchange rat »

Yen continues to strengthen as FOREX traders seek a less volatile ride

27/01/2012 00:00

  The yen rose for the second day against the euro as Greece's debt-swap debates continue to attract forex traders to the safer Japanese currency. The exchange rate for the JPY also saw its big »

Forex markets show euro continuing to strengthen against the dollar

27/01/2012 00:00

The euro strengthened against the dollar for the fifth day running, forex markets have shown. The 17-nation currency continued to improve following progress at talks in Greece and an Italian debt sal »

How Forex tools and news can make you money

26/01/2012 00:00

There’s an old saying which tells us that “if you fail to prepare, you prepare to fail”. There is no more appropriate phrase for the world of Forex trading which is why, right at the »

Exchange rate for the dollar plummets to five-week low

26/01/2012 00:00

The dollar reached a five-week low versus the euro after the Federal Reserve extended a pledge to keep interest rates low until 2014. The reduced USD exchange rate saw the greenback fall against 13 o »

Greek debt talks resume, Forex traders hoping for a resolution

26/01/2012 00:00

  Greek debt talks resume today as private investors squabble with finance ministers over the acceptable size of bondholder losses necessary to avoid a default. “There are always tensions »

Getting the most out of a Forex demo trading account

26/01/2012 00:00

Using a demo trading account may not expose beginning amateur Forex traders to the emotional thrills and spills that using real money can bring but it is an incredibly useful way to learn skills and p »

10 Top Tips for Successful Forex Trading

23/01/2012 00:26

The Forex market is one of the most traded markets in the world. Every single day around $3.2 trillion is bought and sold by banks, individuals and investors and there is no reason why anyone with a l »

Euro strengthens as Greece debt talks re-open

23/01/2012 00:00

  Today has seen the euro strengthen against the dollar and the yen for the second day running. Renewed optimism came as PM, Lucas Papdemos, began talks with private bondholders in a bid to res »

Forex charts show a strong perfromance from Aussie dollar

23/01/2012 00:00

  The Australian dollar has risen to its strongest point in 2 and a half months following the release of a survey showing that consumer confidence had rebounded in January. Improved exchange ra »

Forex markets show Euro strengthen against the dollar

23/01/2012 00:00

  The euro strengthened to a two-week high against the greenback as European officials meet to resolve Europe’s financial future, Forex markets have shown. Also strengthening against the »

Aussie exchange rate strengthens as U.S. economy picks up

23/01/2012 00:00

  The Australian dollar and New Zealand dollar have strengthened following economist reports which suggest that the U.S. economy is gaining momentum. The improved exchange rate for the so-calle »

Which Forex Currencies Should I Trade?

23/01/2012 00:00

  If you are just starting out as a trader, choosing which Forex currency pair to choose can be a difficult decision.  In this article, we will be laying out the key considerations that sho »

Asian Currencies Strong as China GDP Beats Economist Predictions

20/01/2012 00:00

  Concerns over China’s economy have been temporarily subdued following a strong fourth quarter which saw Asian currencies advancing in a week. Gross domestic product in Asia’s larg »

Euro exchange rate strengthens as Spanish and Greek borrowing costs fall

20/01/2012 00:00

  Following a two-day decline, the euro has now risen against the dollar and the yen. The change came after Spanish and Greek borrowing costs fell at auction, reducing the concern over the abil »

Forex market for GBP set to strengthen following BOE speech

11/01/2012 00:00

At 3pm today traders should be prepared for the GBP to strengthen, according to forex market predictions. The Governor of the Bank of England, Mervyn King, will be making a speech in Brighton today a »