Forex news

It’s becoming a tradition. Yet again, the British manufacturing sector disappointed and dropped to 51.3 points. Growth is grinding down to a halt. Early expectations stood on a small rise …

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The Canadian economy started Q2 with no change. This was slightly better than a drop of 0.1% that was expected, but fails to cheer the loonie, as no growth isn’t …

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Euro dollar slides towards the support line on some profit taking. The first Greek vote initially resulted in a sell off, and the pair gained only later. A second Greek …

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The first estimate for the consumer price index in the euro-zone came out weaker than expected: 2.7% on an annual basis. This doesn’t hurt the euro, as it is not …

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Yes is the answer. The Greek parliament said “yes” on the first vote of the austerity measures. Violence continues outside the parliament. EUR/USD now trades at 1.4391. Trading is very …

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Protesters are clashing violently with the police in Athens’ Syntagma square, but the government is gathering more votes. EUR/USD is moving higher, but is limited by the 1.4450 resistance line. Update …

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Is EUR/USD the preferred pair to trade the Greek vote? This depends on the result. The Greek parliament is set to vote on the austerity measures at 12:00 GMT. Tension is …

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French banks agree to rolling over 70% of Greek debt. This includes the banking giant BNP Paribas. France has the biggest exposure to Greek debt. This “voluntary” action paves the …

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Over the weekend, worries about a Greek default have intensified. Germany is getting ready for it, while China pledges to help, once again. Is it real? The implications of a …

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The British pound is losing ground quickly and is now at a 5 month low. Here are 5 reasons for this fall. Will the pair break lower or bounce from …

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