Forex news

North Korea performed a second scary nuclear test. This move scares the Western world. Did this ignite risk aversion? In Memorial Day’s thin trading, the dollar stopped falling and even …

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GBP/USD broke the resistance line at 1.5370 and left dust behind it! I’m happy to say that I saw it coming. MPC Meeting Minutes, Retail Sales and Revised GDP are …

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EUR/GBP is now rising strongly, after the British rate decision, and asset buying decision.. Trichet’s upcoming rate decision probably might reverse this move.. Today, central banks in Britain and in …

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British Construction PMI was a huge surprise. Adding to previous figures, British housing is clearly off the bottom. The Pound rallied after this release. British Construction PMI jumped to 38.1 …

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Advance GDP and the FOMC Statement supplied much volatility for the forex market. Most currency pair eventually stayed in the same place. Only the Yen was significantly hurt. Advance GDP …

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The Swine Flu has ignited fear of more economic woes, which sent the dollar high on risk aversion. How long will this last? The news around the world is dominated …

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The Euro enjoyed good news throughout the week, but failed to make significant gains. Today, the good German Ifo Business Climate score and the return of risk appetite sent the Euro …

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British Prelim GDP, came out worse than expected, yet the Pound is recovering and reaching last week’s levels. Here’s a roundup of the latest events in the critical week for …

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The Euro enjoyed good news from around the continent. It helped the Euro, but only slightly. Here’s an overview of today’s events in the old continent: French Flash Manufacturing PMI …

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Alistair Darling is not the Pound’s friend. In his budget release, he pounded the Pound like no economic indicator did. Here’s a roundup of the Big Day in Britain: At 8:30 …

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