Forex news

As expected, the Bank of Canada left the Overnight Rate unchanged. This decision, that contained concerns about the strength of the Canadian dollar, was widely expected by the markets. USD/CAD …

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The important economic sentiment survey by ZEW fell from 14.1 to 7.6 points, worse than a fall to 11.7 points that was expected. This was met with a small drop …

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The British Consumer Price Index eased to an annual pace of 4%, significantly weaker than expected . Early expectations stood on an unchanged pace of 4.4%. GBP/USD is losing ground …

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The Canadian labor market lost 1500 jobs, a bitter disappointment in comparison to a gain of 27.8K that was expected. On the other hand, the unemployment rate continued to drop …

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GBP/USD is moving higher and facing tough resistance after PPI Input rose by 3.7%. A rise of only 2.2% was expected, so this is a very big surprise. Inflation continues …

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Jean-Claude Trichet talks about the rate decision and keeps the tension high. He is slightly less hawkish and doesn’t hint about future moves. Update. EUR/USD is now below the critical …

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As expected, the ECB raised the interest rate by 0.25% to 1.25%. This was widely expected by the markets. EUR/USD was flirting with the critical 1.4282 line towards the release. …

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The British MPC made no surprises and left the Official Bank Rate unchanged at the historic low of 0.50%. GBP/USD is marginally slipping lower within the high range. There was …

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German industrial production grew by 1.6% and significantly exceeded expectations of a modest 0.6% rise. The Euro disregards this and dips below the critical support line of 1.4282, continuing the …

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Europe’s largest economy continues to push forward – factory order grew by 2.4%, 4 times the early expectations. This sends the EUR/USD further above, at a safer distance from the …

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