Wednesday, November 19th 2008 10:04
FXstreet.com (Barcelona) – The Bank of England has affirmed that its decision to cut its Bank Rate by 1,50% announced in November the 6th was approved unanimously, based on the need to react...
Monday, November 17th 2008 10:15
FXstreet.com (Barcelona) – Euro area’s good and services trade deficit has narrowed in September compared to August as exports rose slightly above imports, according to data released by Eurostat.
Monday, November 17th 2008 16:27
FXstreet.com (Barcelona) – The Cable has rallied today against the Dollar, and according to the ActionForex technical team consolidation in these levels is favoured: “GBP/USD's recovery from...
Friday, November 14th 2008 14:44
- British Pound Continues to Consolidate Below 1.4950-1.5000, Forecast Depends on BOE Minutes, Investor Sentiment - Euro Fails to Break Above Key Trendline...
Friday, November 14th 2008 15:18
The euro spent most of Friday drifting above 1.2650, but as the currency approached 1.28 versus the greenback at the end of the trading session, a rapid...
Thursday, November 13th 2008 6:53
Euro continues to struggle in currency tradingEarlier today, the euro fell below $1.2388 in forex trading on news that the German economy is in recession. The euro continues to struggle in currency...
Thursday, November 13th 2008 16:12
FXstreet.com (Barcelona) – The US Dollar has continued rallying against the Canadian Dollar, and according to the ActionForex Technical Team the bias remains on the Upside: “USD/CAD's rise from...
Wednesday, November 12th 2008 11:04
FXstreet.com (Barcelona) – The Bank of England notes the market deterioration of domestic and global activity in the last months and the instability in financial markets, adverting the possibility...
Tuesday, November 11th 2008 8:28
FXstreet.com (Barcelona) – The Euro Dollar has been trading in a narrow range for several days and, according to the ActionForex Technical team: “EUR/USD weakens again after recovering to 1.2927...
Monday, November 10th 2008 14:32
The AUDUSD has found support from a line drawn off of the 10/27 and 11/6 lows. Staying above .6541 keeps the trend bullish.
Friday, November 7th 2008 16:44
FXstreet.com (Barcelona) - Pending home sales in United States has decreased in September after a strong gain in August, according to the National Association of Realtors.
In September, the...
Thursday, November 6th 2008 16:04
FXstreet.com (Barcelona) – The Pound has remained in a tight range against the USD despite the aggressive rate cut by the BoE, according to the ActionForex Technical Team: “GBP/USD is still...
Wednesday, November 5th 2008 9:13
FXstreet.com (Barcelona) – Far from improving, services activity has contracted further in the countries belonging to the European Union in October, and at a faster than expected pace, according to...
Friday, October 31st 2008 9:55
The Euro/US Dollar pair recently made a false break above its month-long trend channel, but Fibonacci resistance at 1.3270 has thus far held back any further...
Friday, October 31st 2008 18:13
- Euro Consolidates Above 1.37 - Will the European Central Bank (ECB) Cut Rates Next Week? - British Pound Faces Gloomy Outlook, Bank of England (BOE)...
Friday, October 31st 2008 18:20
After plunging at the start of the European trading session, EUR/USD did little but consolidate above support at 1.2682/90. While the pair may eventually...
Thursday, October 30th 2008 22:27
Forex Market Commentary for October 31, 2008 by Cornelius Luca
GFT Daily Market Commentary
The dollar paired losses versus the European currencies and managed to close higher versus...
Wednesday, October 29th 2008 22:35
Forex Market Commentary for October 30, 2008 by Cornelius Luca
GFT Daily Market Commentary
An early rally in the US indices and ongoing profit taking in FX triggered another massive...
Tuesday, October 28th 2008 22:26
Forex Market Commentary for October 29, 2008 by Cornelius Luca
GFT Daily Market Commentary
A massive rally in the US indices, signs of thawing of the credit markets and expectations...
Tuesday, October 28th 2008 9:11
FXstreet.com (Barcelona) – Swiss UBS consumption indicator has improved, although very mildly, in September, after two months of decline, but prospects for the future do not give reasons for...
Monday, October 27th 2008 19:05
Forex Market Commentary for October 28, 2008 by Cornelius Luca
GFT Daily Market Commentary
Ongoing rumors/fears of a possible default by large institutional investors/hedge funds...
Monday, October 27th 2008 13:24
FXstreet.com (Barcelona) – The Pound remains bearish against the Dollar, and, according to Valeria Bedarnik, analyst and foreign manager at MolFX Management the pair could test new lows: “The...
Sunday, October 26th 2008 17:47
Forex Market Commentary for October 27, 2008 by Cornelius Luca
GFT Daily Market Commentary
Rumors of a possible default by Russia or of collapse of big Japanese, US or European...
Sunday, October 26th 2008 17:47
Forex Market Commentary for October 27, 2008 by Cornelius Luca
GFT Daily Market Commentary
Rumors of a possible default by Russia or of collapse of big Japanese, US or European...
Friday, October 24th 2008 21:43
The Canadian Dollar continued its freefall during the week as weak retail sales and a BoC rate cut kept “loonie” bulls away. The USDCAD would break above...