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Editor Morning Forex review: Europe’s Woes Still in the Weigh
14/06/2012 10:24
ForexSpace.com - Forex traders saw yesterday’s U.S. session come to a close with the greenback broadly weaker, courtesy of continuing volatility in the run-up to this weekend’s election in »
Retail Therapy… Please!
13/06/2012 17:17
ForexSpace.com - Forex Traders saw U.S. markets fall in early trading after retail sales data out this morning showed the economic recovery to be faltering. The Dow, the S&P 500 and the Nasdaq have al »
Let Them Eat Spam
13/06/2012 16:26
ForexSpace.com -In case forex traders needed a brief diversion from studying their live forex charts, Mariano Rajoy – the ‘people’s poker player’ – has been reminding us »
Grains of Comfort for the Greenback
13/06/2012 13:40
Wheat prices regained momentum Wednesday during European morning trade, with concerns over declining output in Australia - the world’s second biggest wheat exporter - fuelling investor interest »
It’s The Politics, Stupid
13/06/2012 13:05
ForexSpace.com - Apart from Bill Clinton’s many notorious ejaculations, he won two elections spouting “it’s the economy, stupid”. Had he been blessed with the benefit of foresi »
Top forex brokers warn over the fate of the CHF
13/06/2012 12:04
The Swiss franc remained little changed against the dollar and the euro Wednesday, with investors continuing to sit on their hands ahead of an Italian bond sale due Thursday and a potentially game-cha »
Editor’s Morning Forex Review: Reading The Runes
13/06/2012 10:14
ForexSpace.com - After a rocky 48-hours, EURUSD ended the day yesterday slightly higher on live forex charts, with market sentiment helped by indications that policymakers from the G20 are to take ste »
When fear strikes the markets…Gold and the Vix
12/06/2012 18:11
Many forex traders approaching the end of their tethers with market uncertainty over the future of the euro zone, nibbling their nails and bashing at the buy/sell button at momentary intervals, will d »
To Cyprussia with Love!
12/06/2012 16:07
ForexSpace.com - As we speculated on our site yesterday, Cyprus has reportedly just asked Russia for a €5bn loan. The as yet un-confirmed story in a leading Cypriot newspaper today, suggests Cypr »
Ready, Steady, Euro…
12/06/2012 14:08
ForexSpace.com - Forex traders studying their live charts this morning in the hope of seeing the euro strengthen, instead witnessed the agonizing spectacle of the common currency continuing its s »
iFXEXPO - Cyprus
12/06/2012 12:52
ForexSpace.com - “What was I doing here? What was the meaning of this trip?” And to further misquote Hunter S. Thompson’s Gonzo masterpiece, Fear and Loathing in Las Vegas, was »
“JPY too high” says IMF; forex brokers eye Friday meeting
12/06/2012 12:24
The Japanese yen is overvalued according to the International Monetary Fund (IMF), speaking in a report which also called on Tokyo to consider adding further stimulus measures. Speaking at the end of »
Forex charts betray investor concern over ‘Spailout’; Asian stocks slide
12/06/2012 11:24
The euphoria-infused dust raised over the announcement of a European plan to rescue Spain’s struggling banks has now settled heavily on the markets, sending Asian stocks skidding down chart »
Editor’s Morning Forex Review: there’s still no Eurogeddon outta here!
12/06/2012 10:20
ForexSpace.com - Yesterday’s dramatic early jubilation over a Spanish bailout deal for the country’s debt-soaked banks - what’s left of them - soon petered out in the face of bond ma »
Cold Water While Rome Still Looks Like Burning
11/06/2012 14:45
ForexSpace.com - As this morning’s initial euphoria of €100b euros being hosed down Spain’s already bloated throat has subsided, forex traders – along with just about everyone e »
Editor’s Morning Forex Review: Risk Bounce, or More Tin Can Kicking?
11/06/2012 11:06
ForexSpace.com - No prizes this morning for guessing the top news for market watchers, forex brokers and traders to get their teeth in to. European markets have followed Asia, rising in response to th »
Twitter abuzz with discontent
08/06/2012 17:07
As the pressure continues to build on Europe’s top political and economic minds to resolve Spain’s banking crisis and lift the nation out of the euro zone’s relegation zone, the »
Spanish bonds surge while Fitch rating drops – Germany next?
08/06/2012 11:54
Spanish bond yields surged 17 basis points Friday morning, causing them to hit 6.2 percent and remain above the 6 percent danger level. The jump caused 10-year-yields to drop by the most in more than »
Editor’s Morning Forex Review: The Pact... NOT!
08/06/2012 10:51
ForexSpace.com - The storyline of a newly released movie has a woman struggling to come to grips with her past as an unsettling presence emerges. Sound familiar? Although I can’t quite recall w »
S & P’s anticipates need for Spanish aid
07/06/2012 18:11
ForexSapce.com - While trader eyes remain fixed on any Ben Bernanke’s speech at Capitol Hill, the fallout from the on-going struggle in Europe continues to make dents on the global economic pict »
Bernanke Holds the Fort
07/06/2012 17:39
ForexSpace.com - Fed Chairman Bernanke pointed to headwinds hampering the economy, yet didn't hint at additional money printing. And with quarterly 2013-2014 contracts recently up 2 to 3 BP, the centr »
Bernanke Tells It How It Is
07/06/2012 16:32
ForexSpace.com - As market watchers witnessed the 1-month EUR/USD volume at 13-day low in the lead up to Bernanke’s testimony to lawmakers on the Hill, investors pushed upwards in early trading »
Merkel Talks – The Markets Get Confused!
07/06/2012 16:01
ForexSpace.com - With Europe's markets heading upwards - the FTSE 100, the DAX and the CAC all having climbed - forex traders have also been seeing the markets bounce on the Bank of England having tak »
Who Saw That One Coming?
07/06/2012 15:21
ForexSpace.com - China surprised the markets Thursday by cutting its benchmark rate by 0.25 percent, with the nation battling on to reverse an economic slowdown and stay afloat amid the debt crisis cu »
No News is Good News?
07/06/2012 13:54
ForexSpace.com - The People’s Bank of China beat the Bank of England to the punch today, surprising forex brokers and traders alike at the top of the morning in cutting both its lending & deposi »
QE – still no sign of easing off
07/06/2012 13:10
ForexSpace.com - Yesterday was the ECB, today it’s the Bank of England taking centre stage, closely followed by Federal Reserve. Forex traders and brokers alike with be all ears for the BOE poli »
Editor’s Morning Forex Review: it shines, but does it still excite?
07/06/2012 11:06
- Risk Rally - Gold Bear Market - Currencies Rebound ForexSpace.com - Forex traders and b »
ECB resists pressure to intervene; euro clings on
06/06/2012 18:24
- Interest rates held at 1 percent - ECB 'ready to act' - Euro holds steady The European Central Bank (ECB) delivered no big surprises to investors this afternoon, after it announced its decision t »
EDITOR’S MORNING FOREX REVIEW: The Perils of a Sloppy Economy
06/06/2012 13:44
- Top investor says global economy too serious to be left to politicians - Drag »
Banking on a Bailout
06/06/2012 12:21
- Traders eye ECB new proposal for fiscal union - No interest rate expected from this afternoon's meeting - Critics question timing of large scale structural reform Many British trade »
Live forex charts sees USD/JPY hits session low on shocking jobs data
01/06/2012 16:35
- Employment "pulling the emergency brake" - Downbeat UK PMI The hotly anticipated non-farm payrolls jobs has sent investors reeling after the number of jobs added in May came in way below expectati »
All eyes on the iFXexpo: Day 2
01/06/2012 13:00
- ForexSpace.com editor reports back from day two of the IFXExpo - Saxo Bank chief economist on why things can't get worse - Forex Magnates say it how it is The second day of seminars wa »
All eyes on the iFXexpo: Day 1
01/06/2012 12:14
- ForexSpace.com editor Drew Hillier reports from Cyprus and the recent iFXEXPO. - Jeffrey Cole unwravels the secrets of social media A packed conference and equally packed agenda has kept the »
Investors abandon Spain and neighbours as fear of contagion spreads
30/05/2012 16:11
European indexes were hit by dramatic losses Wednesday, extending the previous day’s declines off the back of spiralling investor fear over the fate of the Spanish economy. The borrowing rate on »
Beijing clears the way for an international yuan
30/05/2012 12:55
A new initiative from the loins of China’s central bank is to come into play at the end of this week and is set to make trading between Asia’s two largest economies much easier. The nation »
Brussels report cards top agenda for forex brokers
30/05/2012 11:47
Debt-laden euro zone nations and investors alike are poised for the delivery of annual economic and public finance report cards from Brussels that are sure to demand some serious policy changes. Many »
Rajoy backtracks on Bankia bailout plan
29/05/2012 17:08
The euro has fallen against most of its major counterparts as tension in Spain over how to recapitalise Bankia begins to take a serious toll on investor nerves. News emerged yesterday of a Spanish pla »
More changes at the top for forex broker Traiana
29/05/2012 16:47
The leading producer of post-trade solutions and sister to the world’s leading forex broker – ICAP – has announced the appointment of a Michael Verkuijl to the position of Executive »
ECB to save Bankia’s bacon – what future for other ailing banks?
29/05/2012 12:58
ForexSpace.com - Markets may well have been breathing a welcome sigh of relief over their cornflakes this morning, as the European Central Bank announced plans to place a rather conspicuous plaster ov »
GBP/USD climbs; live forex charts see session highs
29/05/2012 12:07
The GBP is currently trading in the upper end of today’s range against the USD. The surge comes ahead of the CBI Distributive Trades Survey for May which is likely to see a drop of 0.7 percent a »
High Swiss consumption feeds worry over franc
29/05/2012 10:23
A Swiss consumption indicator has hit its highest level since June 2011, with new car registrations and better consumer sentiment thought to have made the biggest impact. Following a prolonged campaig »
Non-Event Monday
28/05/2012 18:23
ForexSpace.com - Forex traders have seen today’s FX markets as sleepy as the Memorial Day holiday in the US and a chunk of Europe off for the Whitsun celebrations. The euro fell a touch against »
Smashing through the BRIC wall – new breakout nations on the rise
28/05/2012 16:55
Reports this morning are suggesting that traders and forex brokers on top of international market news, should begin to see the emergence of a new group of so-called ‘breakout nations’. Sm »
Reining in Spain’s Pain
28/05/2012 16:13
ForexSpace.com - Following on from our report at the top of the morning, Spain – currently the sole main European market in the red – now sees its 10-year bond yield at 6.4 percent. Nichol »
Ireland takes a punt on the referendum
28/05/2012 14:27
ForexSpace.com - Just ahead of Ireland holding its referendum on the Fiscal Treaty, forex traders will be interested to hear that the country’s month-on-month retail sales fell 1.5 percent in Ap »
Preview: iFXEPO 2012
28/05/2012 12:38
The Google@ iFXEXPO with ConversionPros Forex B2B ForexSpace.com has packed its bags and is heading out to Cyprus. Taking place on the 30th and 31st of May 2012 at Limassol’s fabulous Grand Res »
EDITOR’S MORNING FOREX REVIEW: RISE AND SHINE!
28/05/2012 12:10
ForexSpace.com - Forex traders and brokers at the top of the week have seen European markets kick off on a somewhat firmer footing. With the FTSE having lost 6 percent up to now, and the Dax off nearl »
Study shows carry trades work – but go long
28/05/2012 11:49
Selling low-yielding currencies and buying up higher-yielding ones pays dividends in the long-run, according to a new academic study published Friday. The basic investment strategy – known as th »
Traders speculate on EUR ahead of weekend close
25/05/2012 17:36
Bonds and banks may be stealing headlines today, but the underlying issue about the future of the shared currency continues to top the bill when it comes to forex broker and trader debate. Uncertain »
Putting the Catalan among the Pigeons
25/05/2012 16:22
ForexSpace.com - Spanish bonds have dive-bombed on rumours that the Spanish region of Catalonia needs financing help from the central government. Forex traders will also note how the Catalan chatter h »
Nil Point…PLEASE, we’re British!
25/05/2012 13:43
As half the world’s supply of sequin-festooned Lycra makes its way to Azerbaijan, Eurovision fever is once again gripping the euro region and beyond. But having tuned in to watch the first of tw »
Editor’s Morning Forex Review: what a week that was!
25/05/2012 12:54
ForexSpace.com - Yesterday’s bombshell – certainly for the UK coalition government – that Britain’s economy contracted more than initially forecast failed to stymy sterling. Or »
Non-German bonds up but ‘on shaky ground’ say top forex brokers
25/05/2012 12:50
Bond yields across several countries in euroland tumbled Friday off the back of return-hungry investor interest in non-German bond markets. Falling to their lowest point since September 2010, th »
He Who Wears The Crown…
24/05/2012 18:10
ForexSpace.com - The Nationalbank, Denmark’s central bank, cut interest rates on Thursday in a move seen by forex traders as curbing the crown in an effort to make less attractive. The cut took »
Brazil gets Real
24/05/2012 17:10
ForexSpace.com - Yields on Brazilian interest-rate futures rose after a report showed unemployment fell unexpectedly in April. The mild decline to 6 percent from 6.2 percent - the first time in three »
Rupee bounces off the bottom
24/05/2012 17:05
ForexSpace.com - Forex traders’ eyes widened today as the Indian rupee posted its first gain against the greenback in four sessions, closing out at 55.65/66 per dollar. Recovering from an all-ti »
China and the Grexit threat
24/05/2012 16:32
Proceeding with today’s miniseries about the Chinese property bubble, we next examine the Grexit-shaped pin which threatens to trigger dramatic stimulus measures from Beijing. The impact of a pr »
Dredging up the Double Dip
24/05/2012 16:25
ForexSpace.com - According to the Office of National Statistics, Britain remains in recession. Only more so; revised data from the ONS indicated that the country’s gross domestic product fell 0. »
China: Handle With Care
24/05/2012 13:29
The pin currently thrusting its way inside the Chinese real estate bubble has been lent extra impetus in the shape of more weak new economic data from the PRC. The HSBC Flash Purchasing Managers Index »
Editor’s Morning Forex Review: Euro Summit Dinner Proves Hard To Swallow
24/05/2012 12:41
ForexSpace.com - As the morning news brings no respite whatsoever in the impending eurogeddon, forex traders holding off from topping themselves see nothing new having emerged from the EU leader&rsquo »
Geuro-sceptic
23/05/2012 17:58
ForexSpace.com - Forex traders, top brokers and assorted investors are preparing for a Greek exit from the eurozone over the next few weeks with, as Alpari UK’s Craig Erlam points out, Germany r »
Japan’s Fitch Rating in trouble – tax hike or not
23/05/2012 17:46
ForexSpace.com - Fitch Rating has criticised a plan from Japan’s Prime Minister to double the nation’s sales tax - stating that it would still not be enough to stabilise the country& »
Starter for Zero
23/05/2012 17:01
ForexSpace.com - The mood is very negative this afternoon. Forex traders and broker studying their live currency rates probably haven't seen the bottom yet, but it appears that we are into the last st »
Editor’s Morning Forex Review: Just Another Wobbly Wednesday
23/05/2012 15:15
ForexSpace.com - Forex traders saw the FTSE 100 open1.3 percent down at 5.335.6 points this morning, the CAC is off 1.4 percent in Paris and Germany’s DAX is also down 1.4 percent. The euro, hav »
IMF recommends UK interest rate cut
22/05/2012 18:06
Christine Lagarde surprised the markets Tuesday by making a plea to the Bank of England to slash interest rates in the UK. The head of the globe’s economic watchdog, the International Monetary F »
In the Ratings
22/05/2012 17:39
ForexSpace.com - After 48 hours of gains, the European single currency fell against the greenback today on the gathering sceptiscm displayed by investors paring back expectations that tomorror’s »
“Bonds, eurobonds” for Hollande and the OECD
22/05/2012 12:46
As another quiet day of trading shuffles into view, traders and market analysts are still attempting to digest the lack of news which emerged – or rather, did not emerge – from G8 talks ov »
Editor’s morning forex review: Tripping the light fantastic
22/05/2012 11:02
ForexSpace.com - Today is light on data once again, so forex traders studying their live currency charts will be on the lookout for signals of the market taking the opportunity to correct itself a tad »
Grin and bear it
21/05/2012 17:04
ForexSpace.com - U.S. markets have just opened with the Dow +0.2 percent, S&P 500 +0.3 percent, and Nasdaq +0.1 percent. Interestingly, forex fiends – traders and brokers alike – will have »
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 »
BlackRock Down
21/05/2012 16:12
ForexSpace.com - Forex traders will be eyeing the news that top tier UK-listed bank, Barclays, is to sell its 19.6 percent holding in U.S. fund manager BlackRock. The shares, $6.1 billion, will be sol »
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 »
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 »
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 »
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 »
Dollars Down Under
09/05/2012 16:44
ForexSpace.com - Forex news continues to buzz with the political uncertainty in Greece, which has prompted a wholesale dump by investors of risky assets in favour of snaffling up safe-havens such as A »
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 »
Editor’s Morning Forex Review: UK Manufacturing Makes Heavy Going
01/05/2012 12:52
The data for British manufacturing is just out. And whilst forex traders and top forex brokers alike will have noted that the figures held above the expansion number of 50.0 - it was only by a whisker »
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. »
Top 10 forex reserves by country
25/04/2012 17:20
What are forex reserves? Reserves of foreign currency (forex reserves) are held by central banks and monetary authorities in countries the world over. These large sums of foreign currency can represe »
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 »
EuroDollar Bears Eye Further Weakness
23/04/2012 14:05
ForexSpace.com - Emphasising the shockwave set off by the triple-A rated Netherlands - supposed to be part of the solution, not adding to the problem – the wholesale stock market sell-off »
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 »
China’s Manufacturing PMI peaks but reveals another month of decline
23/04/2012 12:08
China’s latest Manufacturing PMI has reached a peak for 2012 but activity has contracted yet again, results from the private sector purchasing managers survey showed Monday. Despite an April pe »
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 »
France in the Frame
18/04/2012 13:58
ForexSpace.com - There has been plenty of forex news reaction to French Socialist Party presidential candidate Francois Hollande’s remarks this morning that, if elected, he will renegotiate the »
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 »
The Leaping Loonie
17/04/2012 17:37
ForexSpace.com - For forex news watchers and top forex brokers, the eagerly awaited Bank of Canada release has just confirmed that it has left its key interest rate at 1 percent today. While this is e »
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 »
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 »
Top Forex Brokers Reviewed
16/04/2012 17:49
If you are keen to get stuck into trading forex online it is essential that you find yourself a top forex broker. Whilst a fool-proof trading plan is a key aspect of achieving forex success, having a »
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 »
Forex news: Pound Up, Euro Down
16/04/2012 12:59
The pound rose to its strongest point in 18 months against the euro on fresh concerns over the fate of the Euro zone. Forex trader sentiment towards the troubled euro plummeted as a result of hugely »
EDITOR’S VIEW: CHINA’S WEEKEND WIDENING
16/04/2012 11:55
ForexSpace.com - The weekend’s key forex news was China’s move to widen its currency fluctuation band (CNY) against the greenback by 0.5 percent to 1percent. Whilst not especially surprisi »
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. »
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 »
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 »
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: 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 »
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 »
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, »
