Forex news

Britain’s initial GDP read for the fourth quarter is very weak, and the revised versions can easily erase it. The Pound reacted with a fall against the dollar and the …

Read More

The number of unemployed people fell again in Britain, quite impressively. This doesn’t seem enough for the Pound. The key is in the hands of Mervyn King, which sees the …

Read More

The Bank of Canada left the interest rate unchanged and more importantly – left the forecast unchanged. Without an upcoming rate hike, the Canadian dollar loses ground to the greenback. …

Read More

Backed by significant economic figures, EUR/GBP continues the free fall, quickly approaching the next line of support. Here’s an update on this cross. EUR/GBP continues to be a rather predictable currency …

Read More

EUR/GBP has made a significant downwards breakout, reaching a 4-month low. Here are some of the reasons and the technical levels to watch. EUR/GBP broke under the 0.8852 line that …

Read More

Australian employment numbers were excellent, but weren’t enough for the Aussie – it failed to break the important resistance line for the second time this week. Double top? Or just …

Read More

NFP was a disappointment with a significant job loss. But looking at last month’s figure gives the dollar bulls some strength, especially against the Euro. Non-Farm Payrolls for December fell …

Read More

Canada’s job market disappointed with a loss of jobs. The Canadian dollar weakens but holds to gains – USD/CAD doesn’t lose an important resistance line. At least not yet.  The …

Read More

Close to the release of the all-important Non-Farm Payrolls, the Euro got some bad news and is now closer to the bottom of the range. Here’s an update. The European …

Read More

Mervyn King managed to meet expectations in a perfect way – so perfect, that the Pound hardly moved, a rarity. It left the Pound in its low position towards tomorrow’s …

Read More