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Yen Extends Gains But Near-Term Continuation Qu...
7:05am today
The Japanese Yen continued to press higher amid risk aversion overnight but the sentiment-driven ... -
EUR/USD- Trading the U.S. Durable Goods Orders ...
7:00am today
Trading the News: U.S. Durable Goods Orders What’s Expected: Time of release: 05/24/2013 ... -
Dollar Fails to Break EUR/USD?s 1.2750 Support ...
6:29am today
Dollar Fails to Break EUR/USD’s 1.2750 Support as Risk, QE3 Fears Steady Japanese Yen Su... -
Forex: EUR/USD Refuses to Break 1.2750 as QE3 T...
3:46am today
The panicked response from the S&P 500 and surge from the dollar to the QE3 taper warnings from t... -
The Answer to That Burning USD/JPY Question
23/05/2013 17:10
A sudden panic has struck the forex market, kicking off a massive wave of USDJPY selling that cou...
General Market News
Anyone for a drop of oil?
25/04/2012 14:21
ForexSpace.com - Forex news saw Brent crude achieve some gains today, with investors apparently upbeat at the prospect of hints this afternoon from the US Federal Reserve’s FOMC that it may emba »
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 »
ABBA-DABBA-DOO
24/04/2012 16:00
I don’t wanna talk About the French election Though it’s dragging on »
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 »
Rise and Shine
24/04/2012 13:15
ForexSpace.com - Forex news saw the price of gold steady near $1,640 an ounce in Europe this morning. This, it would appear, is due to a milder sentiment to the USD having put the brakes on the previo »
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 »
Oil sees risks skewed to the downside
23/04/2012 11:00
ForexSpace.com - Oil has fallen below $118 a barrel this morning from its highest closing price in three days in NYin the wake of downside Chinese consumption growth data. The black stuff is also suff »
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 »
Top forex brokers begin to sweat over UK GDP data
23/04/2012 09:20
Without any salient UK data due for release Monday morning, it looked as though the GBP would spend the day being blown about by the winds coming over from the Eurozone. Having held gains made last w »
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 »
Forex news: USD Remains Unchanged As EUR Gains Momentum
20/04/2012 11:55
The USD has continued to sink versus most of it major peers, despite the emergence of some fairly positive forex news data concerning the nation’s business outlook. RBC has now suggested that th »
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 »
Forex news: USD/CAD Suffers Further Blows Ahead Of BoC CPI Announcement
19/04/2012 13:38
The USD/CAD cross is still suffering at the hands of the Bank of Canada’s (BoC) Tuesday forex news announcement which stated that interest rates in the country would remain unchanged at 1percent »
Forex news: Mixed Reaction To Spanish Bond Auction
19/04/2012 13:15
Early signs are showing that markets have reacted well to the forex news that Spain managed to auction off slightly more debt than planned - €2.541bn, compared with a maximum target of €2.5b »
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 »
List Of The Most Dastardly Forex Scams
18/04/2012 17:05
The forex marketplace can be an intimidating place, particularly for the novice trader. If morale is low and your reserves are dwindling, it is easy to find yourself being drawn into schemes which are »
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 »
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 »
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, »
US Opener
16/04/2012 16:28
ForexSpace.com - Wall Street has opened with stocks having picked themselves up from a fortnight of decline. The Dow Jones climbed 0.94 percent, the S&P 500 rose 0.65 percent and Nasdaq gained 0.49 pe »
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 »
Is the euro paradigm shifting?
16/04/2012 12:41
ForexSpace.com - Forex news looks nice and lively this week, with plenty of economic figures to keep us interested. Topping and tailing the proceedings, we have today’s US retail sales, wi »
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 »
Forex News: It’s Lookin’ Up For The Loonie
12/04/2012 17:39
The CAD has advanced 0.5 percent against its U.S. counterpart, moving from its lowest level since January. And according to forex news reports, leg-ups for the loonie came in a number of different gui »
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 »
Forex News: Going For Gold
11/04/2012 16:47
Growing fears over the fate of the Eurozone and the potential for a double debt crisis are driving investors towards a golden “safe haven”, according to forex news reports. Simon Denham, »
Germany Calling
11/04/2012 13:56
ForexSpace.com – In contrast to Italy's borrowing costs having doubled at today’s short-term debt auction, forex news reports that Germany got its own debt auction away, selling 3.87 billi »
Forex news: LatAm Reacts To European Slumps
11/04/2012 12:54
Slumping to near two-month lows, European stocks returned after the Easter Holidays to find investors the world over fretting about the impact of a slowing of global economic recovery. "The papers are »
Greenback Snapshot
11/04/2012 12:46
ForexSpace.com - Whilst reinvigorated fears of a euro zone implosion remain front and centre, issues across the pond are also worth eyeing. From a forex news perspective, as Kathleen Brooks of FOREX.c »
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 »
Do The Wall Street Shuffle.
10/04/2012 17:49
ForexSpace.com - US stocks opened flat Today (Tuesday 10) as the S&P 500 found support near the 50-day moving average, extending four days of losses on the benchmark index. While the Dow Jones industr »
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: What Could An Oil Price Hike Do To The Eurozone?
10/04/2012 15:18
A leading group of forex news analysts has warned that an oil price hike could be as catastrophic for the UK economy as the eurozone debt crisis. Andrew Goodwin, senior economic advisor to Ernst and »
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 »
Editor’s View: Chinese Whispers
10/04/2012 10:54
ForexSpace - The week has kicked off with surprise data showing how China moved to an unexpected trade surplus of $5.35 bn in March as exports grew 8.9 percent compared with a 7 percent increase. Expo »
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 »
BoE Holds its Course
05/04/2012 14:47
ForexSpace.com - The Bank of England has maintained the UK interest rate at a record low of 0.5 perccent for another month. It also says it will kept the size of its asset purchase programme unchanged »
Forex news: Olympic Gold Medals Worth More Than Their Weight In The Yellow Stuff
05/04/2012 13:25
In today’s random forex news, we bring you reports that the gold medals at this year’s summer Olympics could be worth more than their market value. And with Andy Murray, who at the best o »
Forex news: Aussie And Kiwi Merger On The Horizon?
05/04/2012 12:35
Forex news wires are abuzz with the suggestion that Australia and New Zealand are again considering adopting a single shared currency. The proposal has been out forward by the countries’ produc »
It’s A Mega Maundy Thursday!
05/04/2012 12:25
ForexSpace.com - In the UK, today’s Bank of England meeting is not expected to produce any adjustments in QE or rates. Nonetheless, the minutes, along with the inflation report, will provide a s »
Editor’s View: The Real Cost Of This Greek Tragedy
05/04/2012 10:58
ForexSpace.com - Forex News reports how the economic crisis in Greece took a tragic turn yesterday, serving as a heart-rending reminding that austerity comes with a human face. A 77-year-old pensioner »
Forex News: More Rain For Spain
04/04/2012 18:27
Aside from the fight for French leadership and its potential consequences for forex traders, political volatility is also a feature of the Spanish landscape as we head into a Q2. According to the Spa »
EURO EXTENDS LOSSES AS DRAGHI SPEAKS
04/04/2012 15:42
ForexSpace.com - The euro may suffer over Easter break by a growing divergence between the growth outlooks for the US and euro zone. While the Fed has been seen to have rolled back from further QE, EC »
Compare the Markit.com!
04/04/2012 15:11
ForexSpace.com - Manufacturing figures from Germany suggests that industrial orders were up just 0.3percent in February. Economists had expected a rise of over 1percent after seeing a dip in January. »
Live forex news: ECB Build-Up
04/04/2012 13:57
There is just under an hour to before the ECB makes its highly anticipated policy rate decision and, according to Forex Space contacts, forex traders are not expecting any surprises. As the live forex »
Enter The Draghi
04/04/2012 12:23
ForexSpace.com - The ECB is widely expected to keep interest rates at their current all-time low of 1 percent later today, a day earlier than normal due to the Easter break. But as Simon Denham, MD of »
UK PMI SURPRISES
04/04/2012 12:17
ForexSpace.com - The UK services PMI has just been released, better expectations to rise to 55.3 from 53.8 in February. The data, compiled by Markit/CIPS who survey the UK service providers, indicated »
EDITOR’S VIEW: YO-FO-YO-MC
04/04/2012 10:46
ForexSpace.com - This morning’s markets opened lower in the wake of last evening’s eagerly awaited US Fed minutes. The yo-yo of QE – is it on, or is it off, goes on. Just last week, »
Traders should brace themselves for political punch-ups aplenty
03/04/2012 18:33
As the green shoots of spring begin to emerge and the euro zone crisis blossoms into new and challenging form - forex trader sentiment is set to linger over the geopolitical complexities which lie ahe »
Greece is still the Word
03/04/2012 18:13
ForexSpace.com - A reminder that Greece is far from of the woods, the country looks unlikely to pay off its investors when a bond governed by non-Greek law falls due on May 15. Such an outcome is seen »
The Pain in Spain...
03/04/2012 15:50
ForexSpace.com - Open Europe, the influential eurosceptic think-tank and interest group, founded in London by UK business people, has just released a statement saying it does not consider Spain to be »
Osborne under pressure - BCC ups the ante
03/04/2012 15:05
A brace of surveys published today (Tuesday) suggest Britain's economic outlook appears modestly upbeat after businesses across all sectors staged a rebound in the first quarter of 2012. The British C »
Editor's View: As Easy as ECB
03/04/2012 14:30
ForexSpace.com - With Greece, (aka ‘The Island of the Blind’) already something of yesterday’s news – though it isn’t, of course (there’s still plenty more of that »
Greenback Rules... K.O.!
03/04/2012 14:23
ForexSpace.com - The USD, apropos the words of the eponymous Prince song, seems to be partying ‘like it’s 1994.’ That is to say, fund managers are getting excited that they're in for »
Asian currencies advance on US, Chinese positivity
03/04/2012 13:59
News of US manufacturing strength and Chinese PMI growth has set Asian currencies rising again, making Tuesday the third day of consecutive gains. Tokyo eased 0.59perccent to 10,050.39, while Seoul cl »
Dollar sinks on positive US data; risk appetite grows
03/04/2012 13:50
The dollar sunk ahead of a government report which showed U.S. factory orders rebounding in February. The report added to signs of recovery in the U.S. economy and has sapped demand for the relative »
Perfect Storm gathering for Euro
02/04/2012 17:50
ForexSpace.com - The economic signals across Europe on the first day’s trading of a new quarter certainly do not auger well. The final reading of March’s manufacturing PMI confirmed that t »
Euro zone jobless
02/04/2012 17:17
ForexSpace.com - On the first trading day of a new fiscal quarter, some grim data emerged to put the dampers on any thoughts of green Spring-time shoots. According to the European Union statistics off »
My Big Fat Greek Crisis: More misery for Philippos Sachinidis?
02/04/2012 15:55
ForexSpace.com - The Greek economy is in for an even bumpier ride as the year progresses, according to reports from the country’s well-respected think tank. The Foundation for Economic and Indu »
High Chinese PMI boosts metal-heavy rand
02/04/2012 13:40
ForexSpace.com - The rand notched up a second day of gains after positive economic data from China boosted metal prices. Forex news reports about China’s PMI climbing to a one-year high of 53.1 »
Yuan makes gains on positive PMI and Vice Premier positivity
02/04/2012 11:25
ForexSpace.com - The CHY made gains after a Chinese manufacturing gauge rose to a one-year high. The advance also came off the back of Vice Premier Li Keqiang’s comments about the country&rsquo »
Another brick in the Firewall
30/03/2012 17:15
ForexSpace.com - The much-touted two-day meeting of EU finance ministers has got under way in Denmark. Set against a tumultuous backdrop, the key decision - whether to increase the financial »
Euro rises on rescue fund speculation
30/03/2012 12:59
ForexSpace.com - The EUR/USD rose on speculation that European ministers will ramp up rescue fund sums. The 17-nation currency is heading for its biggest quarterly gain in a year versus the greenback »
Brussels Sprouts a Sense of Humour?
29/03/2012 17:17
ForexSpace.com - Ahead of a meeting in Copenhagen of finance ministers this Friday, expected to mainly focus on whether to increase the size of a permanent bailout fund from a planned 500 billion euro »
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 »
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 »
Iceland interest rate rises as krona tightening plans kick in
28/03/2012 15:03
Not a story about the amount of people intrigued by a new offer on frozen chicken nuggets - but the news that Iceland’s annual inflation rate accelerated for the second month in a row, according »
THE GREAT FIREWALL OF CHINA!
28/03/2012 13:29
ForexSpace.com - news Trade ministers conference of the BRICS group of emerging nations today, Chinese trade minister Chen Deming stressed that his country was “keen’ to contribute to a fu »
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 »
Lock, Take Stock and Two Smoking FinMins!
26/03/2012 12:47
ForexSpace - After an unseasonably sunny and warm weekend when British Summer Time officially began, (and which also appears to have occasioned the early kick-starting of the ‘silly season&rsquo »
Follow The Yellow Brick Road
22/03/2012 16:56
ForexSpace - Buried in yesterday's ‘Granny Bashing’ UK Budget, the Chancellor of the Exchequer imparted an interesting snippet of forex news, commenting that his Government was "taking the »
The Mourning After…
22/03/2012 13:32
ForexSpace - It’s been a morning of negative economic forex news this morning – and in the UK, at least, it’s not just the Budget which is getting a poor reception. Nonetheless, it w »
Forex news: UK retail sales data disappoints; Sterling plummets
22/03/2012 11:59
ForexSpace - The GBP/USD has been sent spiralling on a downward trend after it was revealed that UK retail sales plummeted in February. ForexSpace - According to the Office for National Statistics, r »
Forex news: Germany to balance budget early on new plans
21/03/2012 15:16
ForexSpace - A stamp of approval has been given to a midterm financial budget proposed by the German government which plans to bring the country’s budget back in balance two years earlier than p »
Forex news: USD strengthens on China slowdown
20/03/2012 11:20
The USD rose today after China’s slowing steel production boosted demand for the safety of the U.S. currency. The greenback strengthened against all its 16 major counterparts with the most sign »
WorldSpreads enters administration over accounting irregularities.
19/03/2012 10:18
Having suspended its shares last week over alleged financial irregularities in its accounts, Dublin-based WorldSpreads, says it had entered administration. The financial spread-betting company said t »
Forex traders shocked as Brazil keeps interest rates low
16/03/2012 15:51
Brazil’s central bank has signalled that interest rates will remain near a record low for the next 18 months. The move has surprised forex traders who expected lawmakers to accelerate the pace »
Forex news: NOK/USD drops as Norges bank cuts key interest rate
15/03/2012 11:49
The Nowegian krone dropped against the USD yesterday, maintaining losses today on the central bank’s decision to cut interest rates. Norges Bank decreased its main interest rate by 25 basis poi »
Forex news: UK jobless rises; GBP reverse gains against the greenback
14/03/2012 15:09
Sterling reversed gains made against the USD after forex news reports revealed rising unemployment in the UK. According to statistics from the Office for National Statistics (ONS), the jobless total »
USD/JPY gains on positive forex trader sentiment
14/03/2012 15:00
The USD/JPY has hit an 11-month high on solid US data and positive growth forecasts from the Fed. The positivity reduced forex trader expectations that the central bank will begin a third round of bo »
Forex market sentiment on the way up ahead of Fed announcement
13/03/2012 13:47
U.S. stock index futures advanced this morning before a monetary policy announcement from the Fed, and ahead of data expected to give the forex market clues about consumer spending. "The path ahead f »
Quarterly BIS reports shows reluctance from forex traders
13/03/2012 09:39
The number of forex traders using the marketplace dipped sharply towards the end of last years on concerns over the fate of the eurozone, the Bank for International Settlements said in its quarterly r »
Forex traders reserved toward eurozone despite Greek deal promise
13/03/2012 00:00
The euro continued to struggle against the yen and the dollar as forex traders switched concern from Greece to other troubled eurozone countries. Greece’s private creditor debt-swap took positi »
Forex news: U.S. dollar gains on positive economic data
12/03/2012 14:48
The U.S. dollar continued to trade near its highest level against the euro for almost a month on the forex news that the recovering labour market is likely to reduce the chances of a further Federal R »
Forex traders watch as Chinese inflation rate falls
09/03/2012 11:59
The case for easing Chinese monetary policy was boosted once again when the nation’s inflation rate slumped to a 19 month low. Consumer prices inflation (CPI) fell 3.2% year on year in February »
Canadian dollar gains as forex traders expect positive interest rate announcement
08/03/2012 14:34
The Canadian dollar gained yesterday on speculation that Canada’s central bank will keep its interest rate unchanged. The decision will be announced later today after a monetary policy meeting »
Forex news: Asian currencies advance on positive Greek debt-swap and Chinese policy developments
08/03/2012 00:00
Asian currencies have advanced on speculation that bond holders will accept a Greek debt exchange deal, tempering concern that the nation will default on payments. Five small Greek pension funds - ho »
Euro climbs as forex markets anticipate good news from Greece and the ECB
08/03/2012 00:00
The euro advanced for a second day against the yen and the dollar ahead of Greece’s debt swap offer and the European Central Bank’s interest rate decision. “We seem to be inching to »
Aussie dollar gains as forex traders remain hopeful
02/03/2012 00:00
The Australian dollar reached a nine-month high as forex traders reacted positively to the prospect that the Reserve Bank will keep its interest rate unchanged. The so-called Aussie strengthened agai »
Forex trader speculation causes dollar to make further gains
22/02/2012 00:00
Speculation about an impending announcement concerning growth in the U.S. economy has caused forex trader confidence to soar as the dollar rises to a seven-month high. The greenback gained for a fift »
Aussie dollar declines in the forex markets as economists scale back predictions
10/02/2012 00:00
Forex markets have shown Australia’s dollar having fallen from a six-month high after the Reserve Bank lowered its forecasts for growth and inflation. The so-called Aussie weakened against most »
Forex traders prepare for a volatile day with the greenback
10/02/2012 00:00
At 12.30pm today, Ben Bernanke, U.S. Federal Reserve Chairman, will make a speech entitled "Housing Markets in Transition" at the 2012 National Association of Homebuilders International Builders show, »
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, »
Forex markets move in favour of the GBP over the USD
31/01/2012 00:00
The British pound has advanced to its strongest position against the dollar in two months. Forex markets for the GBP reacted positively to the results of a survey conducted by GfK NOP Ltd., which wer »
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 »
