Forex news

According to the initial release of CPI in the Euro-zone, inflation eased to an annual rate of 2.7%, lower than 2.8% in April and expectations that stood on the same …

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French consumer spending dropped sharply: 1.6%, much more than 0.3% that was expected. Also German retail sales fell short of expectations. But the Euro remains resilient, holding on to gains …

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The Swiss economy grew by only 0.3% in Q1 2011, falling short of expectations for a growth rate of 0.6%. USD/CHF, is bouncing off all time lows and moving higher, …

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The Canadian economy grew by 0.3% in March, better than 0.2% that was expected. But the deficit in the current account was three times the early estimations. USD/CAD bounces off …

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While the European Union is dragging its legs regarding a sustainable solution for Greece, the Greeks are on the move, withdrawing large sums of money from the banks (before they …

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The second release of GDP for Q1 left the growth rate unchanged at 1.8%, falling short of expectations for an upwards revision to 2.2%. Weekly jobless claims also disappointed, rising …

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The British economy grew by 0.5% according to the first revision of GDP, confirming the first release. Other British figures were disappointing. GBP/USD finds it hard to enjoy this growth. …

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The Euro is still defying gravity and staying above 1.40. But there are heavy doubts that this will last. Here are 7 fresh signs that Greece is about to default …

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British CBI Realized Sales scored 18 points. This is lower than last month’s 21 points, but significantly higher than 11 that were expected. GBP/USD moves up very slowly. GBP/USD now trades …

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The all-important German IFO Business Climate remained unchanged at 114.2. Early expectations stood on a slide to 113.7 points. EUR/USD is reacting with a rise. Also the other figures released …

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