Forex news

The European leaders can deny a multi-billion rescue package for Spain, but the wheels are already in motion – foreign banks refuse lending money to Spanish banks, and the government …

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The Dollar gave back some of its extensive gains made over the past few weeks last week as Eurozone debt problems seem to be affecting the market less and European …

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American unemployment claims rose from 453K to 457K – more risk aversive trading expects currency traders. American unemployment claims disappoint once again – instead of dropping to 447K, they rose …

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The Australian unemployment rate unexpectedly dropped. Together with less fear from Europe, the Aussie is making a nice recovery after taking a hit by the Non-Farm Payrolls. Update on jobs …

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New Zealand’s RBNZ was the third central bank to raise the rates. This is only the beginning, with more hikes expected. NZD/USD likes it. Update on this currency. Alan Bollard, …

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British trade balance disappointed for a second month in a row, with a deficit of 7.3 billion pounds, higher than predicted. This joins other bad news that the Pound receives …

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The American job market gained 432,000 jobs in May, weaker than 524,000 that were expected. This disappointment is mostly due to weak hiring in the private sector. The unemployment rate …

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EUR/USD began a strong downwards move, falling now 60 pips below the previous multi-year low of 1.2110 set earlier this year. The move could be the result of an expiry …

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Canadian job figures surprised once again – 24,700 jobs were gained, 50% more than expected. The unemployment rate remained unchanged at 8.1%. No surprise here, but this is still great. …

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The tension in the markets is rising towards the release of May’s Non-Farm Payrolls. The already high expectations were raised on new data that has emerged. Updated towards the big …

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