Asian stock markets have dropped sharply this session, with the Nikkei down 6% with banking stocks pressured after the Citi plunge in the U.S. and auto...
Switzerland’s Trade Balance is expected to show the surplus shrank to 1.28 billion francs in October from 1.44 billion in the previous month. Exports are...
Japan’s Trade Balance fell back into deficit last month, showing a trade gap of -63.9 billion yen versus expectations of a 73.6 billion surplus. The dismal...
Forex traders saw the US dollar rise sharply in the early stages of the credit crunch despite disappointing US economic fundamentals. The appreciation...
The Japanese yen has traded very choppily lately, but remains below its October 24 highs where the low-yielding currency ran into critical resistance versus...
The US dollar initially weakened versus the euro upon the release of US inflation figures, only to rebound in the afternoon as dim prospects for an auto...
In its Oct 28-29 meeting the Federal Reserve made it clear that it could invoke a near zero interest rate policy (ZIRP) if the economic perspective continued...
The British pound gained throughout much of the morning to reach an intraday high of 1.5249, but subsequently fell back below 1.50 as UK interest rate...
The clock is ticking for a short-term AUDCAD range. For the past few weeks, the pair has worked itself into a very clear and concise range that would be...
Fibonacci studies are an excellent tool for a forex trader to use because they can act as a leading indicator. If used properly, the can help you to determine...
The US dollar held strong on Tuesday as the currency continues to consolidate within an increasingly tight range. However, the US dollar initially slipped...
The Dow Jones Industrials Average finished 427 points lower on the trading day, sending both the US Dollar and the Japanese Yen substantially higher through...
An interest rate is one of the key elements to valuing a currency; however, there are times when other factors are more important to the market. Considering...
- British Pound Spikes Amidst Wild Volatility, Falls Back as BOE Minutes Signal Further Rate Cuts - Japanese Yen Jumps While US Stocks Close at Lowest...
FXstreet.com (Barcelona) – Starts of new houses have dropped again in October, for the fourth consecutive month to their lowest level ever, while building permits have dropped much lower than...
FXstreet.com (Barcelona) – Consumer prices posted in October the largest monthly decline in the last 61 years weighed by a slumping economy which is pulling down inflation, according to data...