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EUR steadies; live forex charts betray long-term potential
21/05/2012 16:56
The EUR managed to keep its head above water against the dollar Monday morning, as net short positions in the single currency hit a record high. The euro edged higher off the back of a G8 summit held »
Clearing the decks
21/05/2012 13:52
ForexSpace.com - Forex traders and forex brokers at the top of their week will be intrigued to learn how a seldom spoken of aspect of the currency markets - that of corporate treasury operations - are »
Editor’s morning forex review: Summit of Nothing
21/05/2012 13:07
ForexSpace.com - The weekend’s G8 summit saw world leaders signal their broad support for Greece remaining in the euro, and as there is little on the calendar today to distract forex traders and »
Sterling guns off the bottom
18/05/2012 17:39
ForexSpace.com - The British pound rebounded off a two month low against the US dollar this afternoon, recovering slightly, yet still vulnerable to euro zone turmoil. Earlier in the session, forex tra »
CAD
18/05/2012 17:03
ForexSpace.com - In the wake of today’s higher than expected reading on Canada's annual inflation rate for April, forex traders and brokers saw CAD rallied to top off a session high against the »
Rumors of Readying for Readies!
18/05/2012 15:35
ForexSpace.com - Forex traders at the top of the morning, along with brokers and other aficionados of Friday frivolity, have been buzzing with rumors that British-based paper money printing specialist »
Editor’s morning forex review: Winning Ugly
18/05/2012 12:39
Forex traders and brokers will be topping off an ugly week that started with minging Monday, ending with a truly fuggly Friday! The FTSE 100 has plunged through support levels as the crazy state of th »
Wall Street Shuffles On Regardless
18/05/2012 10:48
ForexSpace.com - U.S. jobless claims came as expected, topping out at 370,000, however, forex traders and brokers will be interested to see a dire Philly Fed Manufacturing index, showing a drop »
Banking on trouble
17/05/2012 16:50
ForexSpace.com - Forex traders and brokers at the top of the morning saw EURUSD touch 1.2667, with 1.2650 waiting for 2nd sort, and equity futures deteriorate further as Moody’s issued a warning »
Exclusive Offer: CITY A.M. Active Trader
17/05/2012 16:32
www.cityamactivetrader.com ForexSpace.com - For forex fiends, hard-bitten trading veterans or those just embarking on a journey in the world of spread betting and retail derivatives alike - then Lond »
A touch of the runs!
17/05/2012 15:58
ForexSpace.com - Top of the forex agenda for traders and brokers at the moment is undoubtedly the political turmoil currently being experienced by a government-less Greece. The lack of leadership and »
Spain takes the strain
17/05/2012 12:53
ForexSpace.com - European stocks opened a tad lower this morning as investors, forex dealers and brokers continued to mull over the Greek scenario, which weighed on confidence in European equities, qu »
Editor’s morning forex review: ship of fools
17/05/2012 12:24
ForexSpace.com - Forex traders and brokers studying their charts with one eye on the top news story this morning cannot fail to be continually transfixed by the so-called Grexit. Just this morning, th »
Do ya feel lucky… well, do ya?
16/05/2012 18:11
ForexSpace.com - Forex traders – especially those in Britain, where Spring has yet to be sprung, let alone a whiff of Summer – will be interested to see how, in the wake of Japan's governm »
Forex brokers expect “little change” after FOMC minutes
16/05/2012 17:45
ForexSpace.com - As the markets wait for the minutes of the FOMC’S April meeting, the prevailing wind is calm. For most forex traders and brokers, top of the agenda for analysis will be any indi »
Editor’s morning forex review: all hail safe haven Wednesday
16/05/2012 10:56
ForexSpace.com - The world’s stock markets and bond markets remain nervous today on continued uncertainty over Greece. And as the greenback sustains strengthening against sterling, investors loo »
Exit via the rift shop
15/05/2012 16:46
ForexSpace.com - Forex news reports how EUR/GBP has tumbled to threaten 0.7975 on the fresh election in Greece, with Sunday June 17 hotly tipped as the date for the repeat election. Recent opinion pol »
Merkel out of favour despite strong German data
15/05/2012 16:40
ForexSpace.com – Having shoved her passport back into her tote bag and jumped aboard the next available flight to an ailing euro zone nation, Angela Merkel landed in Paris to welcome Francois Ho »
Editor’s morning forex review: beware Greek bearing splits
15/05/2012 13:48
ForexSpace.com - Forex traders and forex brokers at the top of their game – heads buzzing with the daily business of live currency rates and charts – would be forgiven if, having checked b »
Tradition-ICAP’s new Head of Business Development in Asia
14/05/2012 18:14
ForexSpace.com - Tradition-ICAP, the world's leading voice broker and electronic platform for the trading of interdealer currency options, has appointed Tim Johnson as Head of Business Development in »
EZ does it
14/05/2012 18:11
ForexSpace.com - Forex news this afternoon noted the continuing woes in the euro zone with industrial production in the 17 countries sharing the single currency haven fallen 0.3 percent in March from »
Get him to the Geek
14/05/2012 17:03
ForexSpace.com - Forex traders and brokers saw their morning topped off with an extension of the week’s ugly start – at least for the bulls out there – as risky assets sold sharply a »
Impending Grexit becomes top priority for forex brokers
14/05/2012 14:01
Topping the news agenda for forex brokers and traders today is the latest twist in the Greek tragedy. According to reports, European officials are seriously considering the ramifications of a Greek ex »
U.S.A Today
10/05/2012 17:19
ForexSpace.com - The number of America’s new jobless applicants inched down a tad last week, calming concerns that the country’s labor market was deteriorating after April's slugging emplo »
Ladbrokes calls time on “Grexit” gambling
10/05/2012 15:21
ForexSpace.com - As Greece struggles to secure itself a government, and with the latest unemployment data just out showing unemployment reaching a new high of 21.7 percent, speculation about a so-call »
BoE keeps interest rates at record low
10/05/2012 14:24
The markets are likely to be unsurprised by the revelation that the Bank OF England has voted to maintain interest rates at a record low of 0.5 percent. The Monetary Policy Committee - headed up by M »
Editor’s morning forex review: It’s strife, Jim…
10/05/2012 13:54
ForexSpace.com - As the constituents of surrealism would have it, a peculiarly quaint ceremony took place in Greece this morning to set the Olympic flame alight ahead of the torch relay, which will be »
Forex brokers ponder BoE QE decision
10/05/2012 12:36
ForexSpace.com - Today marks the end of the Bank of England’s May meeting, with expectation running rife that interest rates will be held for another month so that, after a tricky month, Guvnor »
European Politics: A New Crisis Phase?
10/05/2012 11:06
ForexSpace.com - Current political events in Europe – which seem to be deepening by the day – could usher in a new phase of the debt crisis, says Giles Keating, Head of Global Research for »
Get Real in Brazil
09/05/2012 17:33
ForexSpace.com - Forex news, lead by Dow Jones, saw Brazil's use of Industrial Capacity Use (ICU) having fallen for a second consecutive month in March. Despite a continued recovery of industrial sale »
Poles Apart
09/05/2012 15:02
ForexSpace.com - Having seen it economy growing at 4.3 percent last year, with 2012 growth expected to slow to around 2.5 percent, Poland's central bank unexpectedly hiked its interest rates by 25 bas »
Editor’s Morning Forex Review: Water water everywhere…
09/05/2012 11:05
ForexSpace.com - It isn’t only forex traders and top forex brokers based in the UK who’ve been splashing around the wettest ever April mumbling darkly about how, as droughts go, the one cu »
Taxing times hits Rupee rally
08/05/2012 17:40
ForexSpace.com - The Indian rupee tumbled today (Tuesday 8) on speculation that overseas investors would not be convinced by the government's postponement of its General Anti-Avoidance rules (GAAR) to »
Beware the Ides of May!
08/05/2012 14:51
So, now that we’ve had an opportunity to take stock of what happened in continental Europe over the weekend, in order to overlay political rhetoric on the markets, rookie forex traders and top f »
Editor’s Morning Forex Review: pricing in the pain
08/05/2012 12:41
Forex traders and top forex brokers shuffled back to their post-May Day bank holiday-cum-après Greek and French election desks in London this morning to a European stock market scene as flat as »
US payrolls data disappoints; market slips
04/05/2012 17:14
ForexSpace.com - Forex news just out reports how, according to the US Labor Department, Nonfarm payrolls saw a modest uptick by just 115,000 jobs in April, the smallest gain in six months, and conside »
Swiss retail data up; EUR/CHF still trades narrowly
04/05/2012 13:37
ForexSpace.com - The bitter wind of austerity may be blowing across much of the euro zone, but shoppers in Switzerland have been enjoying some retail therapy. Swiss high street sales data in rose more »
Spanish yields top forex broker predictions; French yields dow
04/05/2012 12:28
The results of a Spanish debt auction Thursday restored a little faith in the value of sovereign debt, with domestic banks clearly still interested in buying up. But many forex traders and top forex b »
Forex news: US jobless down
03/05/2012 17:22
ForexSpace.com - Forex news has seen the US credit markets open relatively flat after jobless claims fell last week for the first time in several weeks. The Labor Department reported a weekly fall of »
Life’s a Draghi
03/05/2012 16:45
ECB President Mario Draghi urged euro zone governments to come up with a strategy to revive growth in the struggling currency bloc while continuing to push for fiscal consolidation, in a press confere »
UK Growth
03/05/2012 16:03
ForexSpace.com - Forex news reports show how, according to the latest quarterly economic forecast from the Confederation of British Industry, Britain’s economy will see growth resume in the seco »
Mea Culpa? Not me Guv!
03/05/2012 14:58
Regulating banks and “learning the lessons from this crisis” were top of the agenda for Bank of England Governor, Sir Mervyn King last night, in a speech in which he admitted that he shoul »
Editor’s Morning Forex Review: Super Mario to the rescue!
03/05/2012 14:41
ForexSpace.com - Forex news sees a set of somewhat conflicting data emanating from this morning’s UK services PMI figures. Forex traders and top forex brokers are already scratching their heads, »
EURopes and Downs
02/05/2012 15:51
ForexSpace.com - Forex news saw the euro fall off a cliff this morning as an avalanche of weak data struck. French, Italian and Spanish manufacturing PMIs all disappointed, combining to confirm a fast »
Greece off the Ropes?
02/05/2012 14:42
ForexSpace.com - Forex news this morning reports Standard & Poor’s has lifted the credit rating of Greece to CCC with a stable outlook. This was much in line with expectations, given the lengths »
Euro zone PMI reveals depth of recession; pressure mounts
02/05/2012 11:53
Emerging PMI data from countries across the euro zone has prompted many analysts to suggest that the recession is likely to plunge deeper than initially feared. The downward trending data is sure to h »
Editor’s Morning Forex Review: Sell in May...
02/05/2012 11:41
ForexSpace.com - Newbie forex traders and top forex brokers alike will be well aware of that old bit of Wall Street folk wisdom that advises to Sell In May Then Go Away. As adages go, this one is ofte »
Dollar retraces euro losses on positive ISM data
01/05/2012 18:14
The USD took a surprise upward turn against the EUR and JPY after US manufacturing data topped forex broker predictions Tuesday. While general market consensus had pointed toward a drop from 53.4 to 5 »
Live forex charts track Aussie tumble after shock rates data
01/05/2012 17:56
ForexSpace.com - The Reserve Bank of Australia’s shock decision to slash interest rates by a deeper-than-expected 50 basis points has left the currency in free fall. At the time of writing, the »
Forex news: Chinese PMI at 13-month high
01/05/2012 16:38
ForexSpace.com - In stark contrast with this morning’s UK PMI data, official Chinese figures for April came in at 53.3, from 53.1 in March, stronger than broadly expected. Today's China dat »
US spending and PMI data down; Latin America on the up
01/05/2012 13:04
ForexSpace.com - The Americans may be famous for their extravagant lifestyles (and eating habits), but apparently they drew in the purse strings last month. Data which emerged from the Commerce Depart »
Got My Mojo Working: NOT!
30/04/2012 17:10
ForexSpace.com - Forex traders and top forex brokers everywhere saw the greenback recover some ground in European trading Monday as market players revisited the potential for further US monetary easin »
Forex news: JPY makes gains against struggling dollar
30/04/2012 13:59
The dollar sunk to a two-month low against the yen Monday, still struggling under the pressure of disappointing Q1 US growth. The data, out Friday, revealed much-cooled growth and shunted the issue of »
Defying Gravity
30/04/2012 13:32
Forex traders and forex brokers alike see the top of the week in European credit markets kissing farewell to a turbulent April. In a continuation of Friday afternoon's rally, as of 0650GMT this mornin »
Top forex brokers speculate over non-farm US payrolls report data
30/04/2012 11:47
The prospect of more US jobs data is set to top the agenda for traders and forex brokers, with much energy likely to be directed at second-guessing what the non-farm payroll report will say when it is »
Editor’s Morning Forex Review: POLLS APART
30/04/2012 11:30
ForexSpace.com - Forex traders are well-advised to take note of the ‘perfect political storm’ (as RBC Capital Markets’ chief European economist Gustavo Bagattini describes it) about »
Kiwi holds gains garnered by earlier interest rate announcement
27/04/2012 17:36
The kiwi was not struck by many surprises this week, with the Reserve Bank of New Zealand deciding to leave the key interest rate unchanged at 2.5 per cent. The decision matched the expectations of so »
Hungary for a loan? Forint fed by EU talk speculation
27/04/2012 16:20
The Hungarian forint has made further gains after breaking through a support level on Wednesday thanks to the promise of new loans from the European Union (EU) and International monetary Fund (IMF). A »
Why the euro zone’s lifeboat is full of holes: The Rt. Hon. Alistair Darling MP talks exclusively to ForexSpace.com
27/04/2012 15:02
No more than a couple of weeks’ ago, it seemed pretty much everyone thought the Franco-Germanic accord would give rise to a rescue strategy to get us all out of the merde. But now, with the so-c »
Forex news: Asian currencies benefit from upbeat US data
27/04/2012 14:27
A basket of Asian currencies have gained on positive data which came out of the States Thursday, boosted by Bernanke’s dovish approach to further easing measures. The upbeat US economic data - i »
Spanish S&P downgrade spells recession, say top forex brokers
27/04/2012 12:47
The euro suffered a severe blow this morning after Standard & Poor’s downgraded Spain’s credit rating by another two crucial notches to BBB+. Against the USD the 17-nation currency is now »
Currency Bloc
27/04/2012 12:29
ForexSpace.com - As we head towards the final Friday of the month, while there’s plenty of pre-weekend data waiting on the blocks, none of it looks particularly tantalizing. First out of the eur »
US jobless data divides analyst opinion
26/04/2012 18:05
For traders of the USD, the last few days have provided plenty of activity, what with the FOMC meetings and Bernanke’s decidedly dovish approach to implementing easing measures if the US economy »
All eyes on the CBI
26/04/2012 17:16
ForexSpace.com - UK high street sales were a touch down in the year to April, the CBI said today in its latest monthly Distributive Trades Survey. Covering the first two weeks in April, the survey add »
A Weale case for QE
26/04/2012 16:42
ForexSpace.com - In the week when sluggish UK gross domestic product figures appeared to strengthen the case for further Bank of England quantitative easing, forex news has just heard the BoE’s »
When uncertainty with a capital P stalks the markets
26/04/2012 15:28
ForexSpace.com - Forex news is no stranger to volatility, hearsay and the occasional volte-face. Indeed, such things are the meat and drink of markets, certainly when it comes to currencies. Uncertain »
A guide to ECN forex brokers
26/04/2012 15:13
If you have been involved with the forex markets for more than five minutes, you will know that there are literally hundreds of brokers out there trying to convince you that their trading approach is »
Forex news: Lira appreciates ahead on “hawkish” expectation
25/04/2012 18:01
Turkey’s lira (TRY) appreciated to new heights today as news emerged that the country’s central bank will be introducing new inflation-combatting measures. The TRY gained 0.5 percent to 1. »
Fed-Funds Futures
25/04/2012 16:44
ForexSpace.com - Over to the US of A, where risky assets started the morning with a positive bid, uplifted by the flow of positive earnings. Ahead of the FOMC policy announcement and Bernanke's press »
Japan eyes up potential stimulus to curb its “one-thousand-pound gorilla”
25/04/2012 14:10
Forex traders are switching their gaze to Japan, as economists predict further stimulus measures to boost the waning effect of February’s asset purchases. New inflation forecasts, due out on Apr »
UK: Doubly Disappointing
25/04/2012 12:27
ForexSpace.com - The GBP has retreated from a seven-and-a-half-month month high against the greenback this morning, also toppling against the euro in the wake of data showing the UK economy had slid b »
Editor’s Forex Morning Review: USD – O for the wings of a dovish Fed
25/04/2012 11:40
ForexSpace.com - Today’s forex news will focus on the US, where the Federal Open Market Committee (FOMC) will unveil its early musing as to the direction of monetary policy. After two days »
Top forex brokers speculate over UK GDP impact
25/04/2012 11:03
It’s a nervous morning in the City, and not just because the Apprentice is on tonight! In just over an hour, the Office for National Statistics will reveal important UK GDP data which will »
Canadian growth set to beat top forex broker predictions?
24/04/2012 15:03
A whole host of positive economic indicators and an impending interest rate hike look set to hoist the CAD higher than the USD. The Canadian currency could see itself at a level last seen in September »
Top forex brokers stunned by Aussie CPI - interest rate cut on the cards?
24/04/2012 13:05
Australian consumer price data provided a soft landing for the Aussie today, with headline inflation rising a weaker-than-expected 0.1 percent. Top forex broker estimations had placed the figure highe »
Forex news: Spanish borrowing costs soar
24/04/2012 12:36
ForexSpace.com - Forex news turns its eyes to Spain, where borrowing costs have practically double at two short term debt auctions this morning. At a well-sold auction of 3- and 6-month T-bills, inves »
Pass the Dutch Auction on the right-hand side
24/04/2012 12:14
ForexSpace.com - The Dutch bond auction results are in, and are seen as a success in spite of the country’s recent and ongoing political hiatus. The Netherlands sold almost €2bn of its &eur »
Trader confidence in Eurozone recovery wavers
24/04/2012 11:40
The release of disappointing PMI data in Germany has done little but add to fretful forex news headlines, conspiring as they are to unnerve traders about the prospect of a European recovery. The marke »
EDITOR’S MORNING FOREX REVIEW
24/04/2012 10:59
ForexSpace.com - Forex news wakes up to the morning after the day of turmoil across the single currency bloc, with investors tapping feverishly on their calculators having seen in excess of £122 »
Impending Japanese CPI data gets traders talking
24/04/2012 10:29
Thursday will see the release of Japan’s CPI data and, so far, the core reading is expected to remain in deflationary territory with additional easing remaining a strong possibility. The data w »
Dutch Caps The Market
23/04/2012 12:55
ForexSpace.com - Further to our forex news report this morning of the weekend’sbout of handbags when the anti-EU Freedom Party refused to agree with the centre-right coalition on how to slash up »
Ed’s Forex Market Review: Dollar still in stupor as the IMF’s Big Bazooka stand ready for action
23/04/2012 12:15
ForexSpace.com - The IMF’s Christine Lagarde has enjoyed a successful weekend, convincing governments around the world to stump up €430bn extra ammo for her organisation’s so-called B »
FLASH, Bang, Wallop – What A Picture… of Gloom!
23/04/2012 09:45
Gloomy data just out from the euro zone shows private sector activity has shrunk at the fastest rate in five months. Markit's composite PMI fell to 47.4 this month from 49.1 points in March. C »
Dutch government in turmoil over Brussels budget talks
23/04/2012 09:15
Over in the Nertherlands, tensions which began simmering away last week have now hit more of a rolling boil with Geert Wilders (pictured) sticking his nose up at new austerity targets set by Brussels. »
Forex news: Loonie disappoints the hawks
20/04/2012 17:29
ForexSpace.com - Latest figures from Canada show inflation rose 0.4 percent month-on-month during March. This forex news comes in slightly below expectations at +0.5 percent, fuelled over the past twe »
UK Retail Data Up 1.8% But Sending Mixed Messages
20/04/2012 12:53
The GBP has made gains against most of its major peers on the news that UK retail data leaped 1.8percent in March - their biggest monthly rise in over a year. The stronger-than-expected retail sales »
Editor’s View: Show Us The Money
20/04/2012 12:18
ForexSpace.com - Forex news sees European markets open for business this morning very much in a Friday-ish mood for a third consecutive session of losses, sliding in the first half hour of trading. Up »
Saxo Bank launch forex correlations tool on TradingFloor.com
20/04/2012 10:45
ForexSpace.com - Saxo Bank, the online trading and investment specialist, has launched a Forex correlations tool on TradingFloor.com. It is the third interactive application released on this trading c »
Not In The Moody
19/04/2012 18:33
ForexSpace.com - Here we go again. Forex news barely had time to digest this morning’s warning from Fitch that The Netherlands’ triple A rating is under scrutiny, when into the ring heave »
Editor’s View: Double Dutch
19/04/2012 10:41
ForexSpace.com - Nothing - or so it seems - gets forex news wires buzzing more excitedly than when one of the ‘big three’ ratings agencies hands down a verdict, especially in relation to a »
SNB Conference Keeps CHF Floor Steady
18/04/2012 18:20
It has been a busy day for forex traders of the CHF, with the SNB conference this morning revealing the extent of the entire bank’s commitment to enforcing its self-imposed cap. Newly appointed »
Unemployment Falls By 35, 000 - But Does The ONS’ Report “Flatter To Deceive”?
18/04/2012 15:55
Labour market statistics released Wednesday showed that employment in the UK rose by 53, 000 in the three months leading up to February. The report by the Office for National Statistics (ONS) also rev »
Euro Dips As Likelihood Of Spanish Bailout Increases
18/04/2012 13:47
ForexSpace - Another day, another headline threatening Spanish economic ruin - that appears to be about the size of it at the moment. And today’s forex news doom-mongering comes off the back of »
MPC Minutes Wrong-Foots The Market
18/04/2012 13:06
ForexSpace.com - The UK economy could contract "for three successive quarters", according to Bank of England Monetary Policy Committee’s March minutes just out. The Bank also identified how euro »
Editor’s View: IMF - SOS
18/04/2012 11:29
ForexSpace.com - So, it’s the forex news morning after the IMF night before. Front pages and business sections are abuzz today at the growth forecasts published by the gnomic Fundsters. The head »
All Hail The Shale
17/04/2012 14:44
The world energy markets have received a thorough shake-up today, and it’s all thanks to comments made by the Confederation of British Industry (CBI) which endorsed a report recommending the dev »
The Inflation Game
17/04/2012 13:24
ForexSpace.com - Forex news notes the UK inflation figures just out show a rise in cost price index (CPI) to 3.5 percent in March, from 3.4 percent in February. This signifies the cessation to five-mo »
Forex News: India Cuts Interest Rate To Help The Rupee Fly
17/04/2012 13:14
In a move which has surprised some forex traders, India has cut its main interest rate from 8.5 percent to 8 percent in a bid to stimulate growth. The cut represents the first rate trimming for three »
IMF Feeling The Pinch
17/04/2012 11:27
ForexSpace.com - Forex news hounds, currency traders and top forex brokers among us will be focusing on this afternoon’s release by the International Monetary Fund of its World Economic Outlook »
Editor’s View: Divided They Rule
17/04/2012 10:53
ForexSpace.com - Euro zone stress, most notably emanating from Spanish quarters, is seen by forex traders and top forex brokers alike as continuing their downward pressure on market sentiment. With eq »
Forex news: Norway Gains Ground Against The Euro
16/04/2012 18:08
ForexSpace.com - Norway has been hitting international headlines in a big way today, with the final day of the trial of Anders Behring Breivik culminating in an emotional outpouring from the seemingly »
Heading to a land down-under
16/04/2012 17:18
ForexSpace.com - As this morning’s widening of the yuan trading band from the weekend news failed to dispel market worries about slowing Chinese growth and renewed strains in EU sovereign debt, »
Delhi Belly Strikes Nervous Traders Ahead Of Indian Rate Data
16/04/2012 14:09
Indian government bonds have edged higher in the afternoon trade, after highly-anticipated data revealed that core inflation eased off in March. Investors have been spurred on by the data, which has f »
Spanish CDS turn “Crisis Mode”
16/04/2012 14:01
ForexSpace.com - This morning’s widening of Spain’s credit default swaps (CDS) has given forex traders and many other market watchers alike much material for musing the increased likelihoo »
Shutting the stability door after the bourse has halted
16/04/2012 13:30
ForexSpace.com - According to a note to forex traders this morning from JPMorgan, if Spain's 10-year bond yield went over 6.50 percent, the European Central Bank might decide to reactivate its recentl »
How Much for a Munch!?
13/04/2012 18:17
Forex news has just popped along to cast our eyes upon one of the world’s most famous - and therefore most ‘valuable’ paintings, which has gone on preview from today in Sothebys of L »
Is The Spanish Crisis Forcing Markets To Reconsider The ‘Safe West’?
13/04/2012 17:20
As if the prospect of Friday the 13th was not intimidating enough for the superstitious amongst us, forex news reports have given us something very real to fear in the shape of the ongoing Spanish cri »
The Best Android Apps For Forex Traders
13/04/2012 16:31
Nobody goes far without a mobile phone these days. From banking to buying groceries, there are a whole range of apps available to help you save time and effort in all aspects of daily life. Given the »
Forex News: JPY Slips Further Against The Greenback
13/04/2012 16:09
The dollar made further gains against the yen this morning, with some forex news reports suggesting that warnings from the Bank of Japan (BoJ) over further monetary easing have helped to prevent the c »
Editor’s View: China growth - is the rocket stalling?
13/04/2012 11:10
Asian markets gained overnight after a strong rally on Wall Street, but as forex news came through, the gains were eventually stymied by figures out of China that showed the world's second largest eco »
WTO - Normal Momentum No Time Soon
12/04/2012 17:28
Forex news notes a new set of data from the World Trade Organisation (WTO) which says the global economy has "lost momentum". The WTO sees a slowdown in global trade growth this year to 3.7percent, fr »
US - Sign of Life
12/04/2012 16:44
ForexSpace.com - US stocks look set to rise at Thursday’s open after futures pared gains following a surprise uptick in the number of Americans claiming out of work benefits for the first time. »
Rough Trade
12/04/2012 15:46
February’s UK trade deficit widened, according to the Office for National Statistics (ONS). As exports to countries outside the EU fell, forex news reports how the British goods trade deficit g »
Forex news: Does Swiss Plan Has More Holes Than A Slice Of Emmentale?
12/04/2012 14:25
The Swiss National Bank’s (SNB) decision to impose a ceiling on the franc’s value against the euro – a move which will restrict its value to less than 1.20 per euro – is likely »
Forex news: China’s Contradictory Fitch Ratings
12/04/2012 14:01
ForexSpace.com - Yesterday, forex news reports were abuzz with the news that Fitch Ratings agency confirmed China’s ‘A+’ foreign currency issuer rating with a Stable Outlook, while t »
Italy Under The Hammer
12/04/2012 13:42
ForexSpace.com - Yesterday saw the euro eek out modest gains of 0.2 percent, but it still remains range-bound, with caution keeping a cap on ahead of today’s Italian long-term debt auction. No s »
Editor’s View: Spain - Too Big To Bail?
12/04/2012 11:40
Hard on the heels of another day of range-bound trading yesterday in the absence of any major data releases, forex news sees today’s session appearing a little more inspiring. First up, we have »
Time to Take Stock… with a Pinch of Salt
11/04/2012 17:24
ForexSpace.com - So, as we forex news geeks gather breath and settle down after our turbulent return from an Eastertide holiday of chocolate egg-flavoured overindulgence, it hasn’t come as altog »
Editor’s View: Crisis has Risen… Again!
11/04/2012 10:49
ForexSpace.com - With the Easter break already seeming like a dim memory, with traders returning to their screens for it to quickly become apparent that the euro zone crisis déjà vu was »
No Renaissance Yet for Italy
10/04/2012 18:23
ForexSpace.com - Arguably, whilst the euro zone may in some eyes have reached a potential economy turning point, economic activity in Italy and France is likely to bump along the bottom, according to »
Seconds out as Swissy watches the runes
10/04/2012 16:44
ForexSpace.com - Switzerland's labor market has been seen to be doing better than expected in March, with numbers of Swiss unemployed dropping from a 10-month high. Nonetheless, from a forex news stan »
Forex News: Swedish Doubt Fuels Norwegian Migration
10/04/2012 16:24
ForexSpace.com - Swedish industrial production tumbled 5.2 percent in February compared to the previous month and representing the worst fall since November 2009, according to forex news reports. The »
French Leave
10/04/2012 16:00
ForexSpace.com - Morgan Stanley’s influential European strategy team has just issued a forex news trading note entitled "what we're watching in 2Q". Upmost in their sights is Europe and its nega »
Forex news: Brazil Could Be A Tough Nut To Crack
10/04/2012 13:08
Forexspace - Brazil’s President Dilma Rousseff’s visit to the White House today appeared to have helped the Brazilian Real which, as John T Sullivan of Thomson Reuters observes, “had »
Europe: Business as Usual?
10/04/2012 12:42
ForexSpace.com - Calm trading in the wake of Europe’s long Easter looks set to continue. Nonetheless, as we trudge back to our forex news desks after a welcome holiday from euro zone debt woes, »
Forex news: Delayed European Reaction To Poor US Jobs Data
10/04/2012 12:32
European stocks dropped Tuesday, following a four day Easter break and Friday’s disappointing U.S. nonfarm payrolls data. The data broke a three-month growth average of 200,000 jobs, having onl »
Turning Japanese
10/04/2012 11:25
ForexSpace.com - On the morning that David Cameron begins his investment tour of South-East Asia, Forex news reports that the JPY has touched a one-month high against the greenback this morning in the »
MetaTrader 5: Hot To Trot
05/04/2012 16:28
ForexSpace.com - From its birth in 1998, the Alpari Family has expanded at a phenomenal pace. This impressive growth is driven by the Alpari commitment to exceptional customer service, innovative tech »
Trader Goes Large
05/04/2012 15:16
ForexSpace.com - Picture the scene: the VIP lounge of a fancy Liverpool nightclub, 2001: A Space Odyssey blaring over the speakers, and several bar staff staggering through swirling dry ice beneath th »
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. »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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: 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 »
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 »
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 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: 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 »
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: 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 »
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: 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 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 »
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 »
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 »
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 »
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, »
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 »
