We may be crossing the Rubicon here, but nothing will be certain until after Thursday's European Central Bank rate decision. EURUSD currently finds trading...
As we know it, Japan’s economy has been labeled recessionary given its two consecutive quarters of negative strength. July GDP data shows the North American...
After coming in positively only once since 2002, Australia saw its August Trade Balance rise to A$1.36 billion. Being the second largest balance in the...
On a 60-minute chart there appears to have been clear upward trending support for the Pound against the Australian Dollar. Since 09/08/08 the pair has...
UPDATE With a vote of 74-25, the Senate this evening voted to pass major legislation in an effort to shore up the balance books of the US financial system....
At the end of each quarter, banks usually make an effort to balance their books. As a result of the ongoing credit crisis, however, completing this task at the end of the 3rd quarter fiscal 2008 was...
The US dollar started the morning out on a strong note but subsequently pulled back on indications of a worsening contraction in the US manufacturing sector.
Our Automated Trading Signals have been reluctant to take any new positions before the US Senate votes on an unprecedented $700bn rescue package today....
After being rejected by the US lower house, the US Senate will begin voting on a revised version of the $700bn rescue package at 7:30pm EST. The original...
The US dollar started the morning out on a strong note but subsequently pulled back on indications of a worsening contraction in the US manufacturing sector.
The US dollar held up well on Wednesday amidst signs of recession in other parts of the world, and ahead of an expected approval by the Senate of the Treasury's...
The following is our monthly correlations update for September. As we have stated time and again, correlations between different currency pairs will inevitably...
USD/CAD continues to climb from the 9/29 lows and the pair could be nearing a breaking point, as looming resistance at 1.0650 may not hold for much longer...
FXstreet.com (Barcelona) – Economic activity in the manufacturing sector has contracted further in September, making the second consecutive month of contraction, and with most of its sub indexes...