Forex news

A big bulk of US data was just released, and there is one point of light: Unemployment claims dropped to 405K, the lowest in two and a half months. This …

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Euro dollar is consolidating its recovery, partially enjoying the dollar’s weakness across the board. The dollar suffers from the credit rating warning from Moody’s as well as the stronger talk about …

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Dollar/Swiss pierces lower as Ben Bernanke provides thicker hints about a possibility of a third quantitative easing program, and acknowledges the sheer weakness of the US economy. The dollar is …

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Blessing. Martin Blessing. CEO of Commerzbank, stated that lenders could swallow a Greek debt restructuring. A plan, currently in the works, includes a significant haircut, and buy back program of …

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GBP/USD is trading lower after employment figures disappointed. UK jobless claims jumped by 24,500, much higher than 15K that was expected. The unemployment rate remained unchanged at 7.7%. June is …

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The British pound is retreating as headline CPI inflation fell short of expectations: the annual pace is only 4.2%, lower than 4.5% that was expected. Also other inflation figures fell short. GBP/USD …

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Bank stocks, peripheral bonds and a big fat Greek deficit pushed the euro/dollar even lower. It broke support and is now headed further down. After stalling at support at 1.4030, …

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Euro dollar began the week sliding below last week’s lows. An emergency meeting will be held later in Europe to discuss the options for Greece, and some kind of default …

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The US economy gained only 18K jobs in June 2011. Bad news. Expectations stood on a rise of about 100K jobs. The unemployment rate remained also disappointed with a rise …

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USD/CAD reacted with a drop after positive employment numbers were released: 28,400 jobs were gained. A rise of 14K was expected. This move was short-lived, as the tension mounts towards …

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