Forex news

European GDP numbers were released today. Germany led the Euro-zone growth with a whopping 2.2%, and also the overall number was excellent – 1%, much better than expected. But the …

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EUR USD has taken serious damage after the Fed decision and bottomed out at a lower support level. Now, the pair is on the rise. After losing the steep uptrend …

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Australian employment data was somewhat confusing – with a rise in the unemployment rate but a nice gain in jobs. After the blow AUD/USD got from the Fed decision, together …

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With disappointing employment figures and a lower growth forecast, GBP/USD loses another support line. Risk aversive trading adds to the move. Update on the Pound. Claimant Count Change, the first …

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Ben Bernanke prints more dollars as expected from early hints. The methods that the central bank will now use, and the worries about the slowdown, end the dollar’s round trip, …

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US Non-Farm Payrolls dropped by 131K, double the median expectations. This result is very disappointing. EUR/USD leaped from 1.3170 before the release to 1.3220 immediately afterwards. Note that the private …

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After seeing outstanding results in recent months, Canadian job figures were disappointing this time – a drop of 9,300 jobs, falling short of an expected gain of 13,700 jobs. Also …

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EUR/USD is under 1.30 once again, after bouncing at the resistance line, suffering from weak economic data, and with Spain causing worries once again. It now approaches the lower border …

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Mervyn King finally changed his tone about inflation, and sent the British Pound above a critical resistance line. Update on the rising sterling. Mervyn King and inflation – Background Mervyn …

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At the moment, only 7 banks failed the tests, better than expected. Now the big question is about the quality of the tests. Until the methods of the tests are …

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