Forex news

German and European ZEW Economic Sentiment were very good, yet the Euro doesn’t want to be cheered up. After an initial rise, EUR/USD fell back. Is this the pro-dollar sentiment, …

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Non-Farm Payrolls fell by 663K . Immediately after the release, USD/JPY leaped over 100, adding another digit and leaving dust behind it. The European currencies are gaining against the dollar. …

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G20 Summit in London is set deliver results – increasing the IMF’s budget to $750 billion and to tighten regulation. This dollar spending and these hopes of world economic revival …

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Housing data in the US continues to shine, with Pending Home Sales showing strength and surprising. But the markets have their heads in the next two days: G20 Summit and …

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Existing Home Sales in the US were better than expected, and better than last month. This adds to last week’s housing data that also gave some hope. Is there a …

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EUR/GBP tested the 0.95 resistance line and bounced back down. This came on the background of falling Industrial Production in Europe and stablization of the dollar selling. EUR/GBP tried breaching the …

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AUD/USD continues it’s march upwards, breaking the 0.68 resistance line. It rose on the wave of massive dollar selling that began with the shocking FOMC statement yesterday. The next resistance …

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EUR/GBP made a 100 pips move upwards today, with soaring British Unemployment and Trichet’s optimism pushing the Pound down and the Euro up. EUR/GBP now trades at 0.9390, after breaking …

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The US dollar is falling across the board at the beginning of the new forex week. This happens against all the currencies, except the Yen of course. Toxic Asset Plan …

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AUD/USD broke the narrowing channel I was talking about two days ago and made an upward break. Very close to the end of the week, it trades higher and aims …

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