Forex news

The flood of bad news around the Euro-zone debt crisis continues: S&P revised Italy’s outlook to negative. Italy is the Euro-zone’s third largest country. Will Trichet delay the next rate …

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EUR/USD not only lost its channel, but proceeded lower lost support, as bad news from Greece, Spain and Ireland flows quickly. Quick update on 7 developments and their impact. Recent …

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EUR/USD reached the top of the uptrend channel and bounced sharply lower, now falling below uptrend support, as protests rage in Spain and the debate regarding Greece is escalating, and …

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In Spain, too many working people aren’t getting paid. The magnitude of this moral hazard is estimated at 35 billion. This adds to a previous revelation about hidden Spanish debt, …

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The Philly Fed Manufacturing Index took a big dive, showing a significant slowdown in manufacturing. With the CB Leading Index and Existing Home Sales also falling short, USD/JPY is falling. …

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The volume of British sales grew by a solid 1.1% exceeding early estimations of a 0.9% rise. Also last month’s rise was revised to the upside, 0.3% from 0.2%. The …

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Employment data was mixed, but leans lower – a significant rise in the number of people claiming unemployment benefits was reported in March, 12,400, much higher than expected. On the …

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Inflation in Britain is up again after taking a breather last month. The annual pace of CPI rose from 4% to 4.5%. A rise to 4.2% was expected.This fresh rise …

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You think that the meetings in Brussels will bring some resolutions? News from the finance ministers’ meetings and from elsewhere aren’t too good. Worrying signs about the European debt crisis …

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Trade balance in the Euro-zone was very disappointing, and showed a deficit of 900 million euros. A surplus of 1.7 billion was expected. This outweighs strong CPI published at the …

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