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THE TAKEAWAY: USD Federal Open Market Committee releases quarterly economic forecasts > Growth, I...
ASIA/EUROPE FOREX NEWS WRAP The day we’ve been waiting for has finally arrived. Ever since...
While speculation regarding Wednesday’s Fed policy decision is running rampant, there appea...
THE TAKEAWAY: BoE votes 6-3 to not raise stimulus in June -> Majority of MPC members see a sustai...
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Stock Market News
- Overpriced Stock?
- Promising First-Quarter's Earning Reports
- New Services Are Paying Off
Amazon stock is on the verge of breaking all previous records and binary options traders could maximize their profits by purchasing call options now. Overpriced Stock? Very few are those who critici »
The euro zone crisis is far from over as we all know, but you can’t beat a bit of positive sentiment. The euro has caught a bid tone in the last week, as further position unwinding (of long CHF »
- Spanish GDP data Worse Than Expected
- EUR Hits $1.35 Vs USD
- EUR/GBP Rallies To 0.8590
While the US is going to be under the spotlight today, and chewed over ad vomitum, it’s also been pretty busy in Europe this morning. The euro hit its highest level in over a year on Wednesday a »
- USD/CHF In Subdued Range
- Euro Optimism Capped By US Concerns
- US Data Eyed, Q4 Growth 'Slow But Steady'
Surprisingly cautious trading Monday morning has seen the USD/CHF making minor gains and losses, but remaining very close to its opening price at 0.9267. Global sentiment ticked higher overall as inv »
- PMI Data Shows Mixed Picture
- US Unemployment Figures Awaited
- Q4 Corporate Earnings Season Explained
The focus today is dominated understandable enough by a slew of PMI data. Thus far, it’s been a veritable curate’s egg, ranging from the very poor (France), to the very good (Germany), all »
Trading and investment giant, Saxo Bank, have announced the opening of a new office in Turkey’s largest city, Istanbul. In May 2012, Saxo Bank purchased 89.54 percent of local brokerage, Değer »
- saxo bank
- Summit Of Nuffink!
- Euro Trading Up Vs USD Around 1.289
- No Budging On The Budget
In this life, one thing counts In the bank, large amounts I'm afraid these don't grow on trees You've got to pick-a-pocket or two While the above verse was famously intoned by Fagin in the ‘ »
- Commodity Index Down 0.2 Percent Month-On-Month
- Base Metals And Forest Products Lose
- Oil And Gas Gain
Oil prices may now be finding solid support from ongoing disruption in the Middle East but, according to a report from Scotiabank, risk aversion took a toll on commodity prices throughout October. Af »
- The Perils Of Trading High-Value Stocks
- Clunk-Click… Down A Tick
I wonder if, like me, forex traders wondered where the now familiar ‘Google-Doodle’ had got to this morning? You know, the artful rendering of the search engine’s logo to reflect the »
- Draghi Renews Euro Vow
- Asian Stocks Soar
- Analysts Bullish On Short-Term Prospects
Following European President Mario Draghi’s decision to renew his vow to save the single currency, markets across the globe received a boost. Aside from the immediate benefit to EU countries in »
- Europe and Japan Conspire To Push U.S. stocks lower
- Greece Plays For Time
- U.S. House Sales Show Signs Of Improvement
Newly printed weak export data from Japan that does little to assuage the gloom facing the global economy conspired to send U.S. stocks lower at today’s open. Thus, the Dow Jones industrial aver »
- Greenback Trading Strongly Ahead Of The FOMC
- Cable Ahead Of The Pack
- Weak US Data Falling On Deaf Ears
The GBP managed to reach a three-month high against the dollar this morning, pushing forward with the previous day’s gains on suddenly rejuvenated optimism that the ECB stands on the brink of &n »
- Industrial Production Data On The Horizon
- Bread Basket-Case
- Will The Euro Go To 1.2350 against Greenback?
After the markets got their teeth into yesterday’s encouraging US retail sales figures, forex traders et al will be watching today to see if the United States can rise to the occasion for a seco »
- Five Years On
- Crunch Time… And Then Some
- Keep On Truckin’, And Hang On To The Ice Bucket
Today marks exactly five years since the beginning of the credit crisis. But it’s unlikely that forex traders (or anyone else for that matter) will be popping the Champagne corks. The very datel »
- The Knives Are Out!
- No Smoke Without Fire?
- Euro/dollar Tests The Psych Sych Level
Whilst the UK's top share index advanced today, looking set for its third straight day of gains on the coat-tails of the ECB’s plan that could see it move boldly in September to calm the euro zo »
- Draghi Dragged It Out
- Euro Weakness To Persist?
- EZ: Where To From Here?
‘Tsch,’ tutted a woman close to me as Mario Draghi’s press conference fizzled flaccidly to a close: ‘typical of a man; promised us a good time, and then couldn’t get it u »
- Draghi Fails To Make Our Day
- Never The Twain!
- Clear As Mud
Well, it was Mario’s big moment – and he blew it! Or rather, given the build-up, almost entirely engendered from his own rhetoric last week in London that the ECB would do "whatever it tak »
- Crude Futures Up 1.1 Percent
- Dollar Dives
- Analysts Question Long-Term Implications
Crude oil futures leaped up commodities charts Thursday following upbeat comments from European Central Bank President Mario Draghi and a round of positive jobless claims data in the U.S. Light sweet »
- Euro/dollar Thrown A Bone
- Rally Cross
- Spanish Bonds Get A Breather
Mario Draghi has been speaking today in London, mostly reaffirming his confidence in the euro, which – as forex traders quickly saw – provided the shared currency a bunk-up to its weekly h »
- Kiwi Reverses Some Chart Gains
- Spanish Scare Threaten Global Future
- Rate Cut In The Pipeline?
Last week’s kiwi ascent up live currency charts was met with a sharp reversal Monday, with the NZD/USD knocked back to 0.7900 as panic over Spanish debt spread. Despite the best efforts of the e »
- Spain In The Frame
- No Joy For Rajoy
Yesterday, for the first time in over three and a half years, forex traders saw GBP/EUR make an attempt to test the key level of 1.27. “If 1.27 does tumble then we could see 1.30 come back into »
- Germany 1, Italy 2!
- Oh what a beautiful ‘risk-on’ morning!
- A dawn chorus of pips squeaking
After another day yesterday when forex traders watched the EU Summit paralysis extend towards the month/quarter/half year end, today has dawned with a complete turnaround. In response to an apparent l »
- UK Q1 Growth Revised Down
- QE Already Priced In?
- EU Summit Sentiment Takes Further Bashing
British tennis fans will be hoping for a more forceful display of strength from British hope Andy Murray this afternoon, than from sterling’s lacklustre performance on live forex charts. Despite »
- Markets Eye Spain
- Contagion Attacks Italy
- Investors Downbeat For Euro Meeting
Markets this morning are poised for the results of Spanish bond and bill auctions which, it is exepcted, will see the beleaguered nation paying its highest short-term borrowing rates in over six month »
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 »
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 »
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 »
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 »
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 »
ForexSpace.com - Having seen gains on positive retail data out of the US, European markets have shut up shop for the day. Despite this morning’s efforts by euro bears to break out on the bottom »
ForexSpace - Recent improvements in growth sentiment and forex news, especially in the US, coupled with a firmer greenback, could kick-start gold to retest its 2012 lows, below $1,600/oz, says Deutsch »