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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 »
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 »
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 »
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, »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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. »
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 »
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 »
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 »
