Forex news

The arrest of the IMF chief Dominique Strauss-Kahn over charges of a sex crime in New York, complicates matters for the troubled Euro-zone. A significant supporter for bailouts will be …

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The economies of the Euro-zone grew by 0.8% according to the initial release. This is significantly better than 0.6% that was predicted, but not so good after we’ve received excellent …

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European industrial production dropped by 0.2%. This comes despite solid figures from Germany and France, and falls below expectations for a rise of 0.4%. EUR/USD is testing low and critical …

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British manufacturing production was lower than the low expectations and disappointed with a small rise of 0.2%. A rise of 0.3% was expected. GBP/USD extends its drops. GBP/USD already weakened …

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Mevyn King surprised and raised the long term inflation forecasts in the BOE Inflation Report. The report also states that GDP is better than reported. This boosts GBP/USD that broke …

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EUR/USD finished its correction and is now at lower ground, below another support line. Here are 5 fresh reasons for the fall. After Trichet was soft on inflation and concerned …

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During the weekend, there are fresh voices in Ireland explaining how restructuring is unavoidable and also why and how to escape the severe bailout program. Updates on the developments in …

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There’s a report that a secret meeting will be held tonight in Luxembourg to discuss a Greek default. Although unconfirmed, all the signs in the past week led to a …

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US Non-Farm Payrolls rose by a great 244K, defeating the bad signs seen before the release and the official expectations . A gain of 185K was expected. The unemployment rate …

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Canada gained 58,300 jobs in April, more than three times the early expectations. Also the unemployment rate was a pleasant surprise with a drop to 7.6%. A gain of around …

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