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Wall Street ends lower on weak economic data
July 28, 2010[Story ID: 5606]
FXstreet.com (Barcelona) – Fears of a double-dip recession once again play on market sentiment today after durable goods dropped and the Fed’ -
Euro Eyes the 1.30 Level Against the U.S. Dollar
July 16, 2010[Story ID: 5230]
Euro in forex trading
The euro is looking to break through the 1.30 level in forex trading against the U.S. dollar. The euro is regaining much of its strength as optimism about the economy, coupled with concern about U.S. fundamentals, provides some interest in the euro.
Indeed, even the news that the trade deficit in [...] -
Fed Appears More Dovish on the Economy
June 24, 2010[Story ID: 4500]
U.S. dollar finds some strength in forex trading on risk aversion
Yesterday, the Fed issued its policy statement about the economy. Just a couple of months ago, the statement appeared almost optimistic, with the belief that the economy is more supportive of growth.
However, things have changed in the last little while. With European debt [...] -
Euro implodes as economic concerns intensify
May 6, 2010[Story ID: 3161]
As leading European economies are being singled out one by one by Moody’ -
Currency expert Boris Schlossberg says hung parliament a “formula for disaster”
March 2, 2010[Story ID: 1138]
Top currency expert Boris Schlossberg has said that a hung parliament would be a ‘ -
British Economy May Require More Quantitative Easing
February 25, 2010[Story ID: 999]
Sterling continues to tank against the dollar in forex trading
The British economy may require more quantitative easing, according to some policymakers. While it is far from a foregone conclusion, the Bank of England is leaving the door open to further stimulus measures, according to member Posen.
GFT’s Kathy Lien reports in FX360 on the [...] -
Britain Struggles with Employment
February 17, 2010[Story ID: 719]
Sterling falls in forex trading
Today, employment data was released in Britain, showing continued deterioration in the situation. The sterling is falling in forex trading as a result, and concerns continue that Britain will be very slow to recovery from the global financial crisis.
GFT’s Boris Schlossberg reports in FX360 on the labor conditions in [...] -
Australian Dollar Gets Boost in Forex Trading from Risk Trade
February 11, 2010[Story ID: 538]
Currency trading with the Aussie
The Australian dollar is getting a boost in forex trading as the risk trade is on — for some currencies. In currency trading, the Aussie is getting a little help from the fact that Chinese bank lending grew more than expected in January, and that is calming some fears [...] -
Is the Jobs Situation Really Looking Better?
January 29, 2010[Story ID: 128]
Looking at U.S. dollar support in currency trading
Economic data is very important to forex trading, since it provides insight into how much support a currency has. One country’s economy, in relation to another’s, can affect how those relative currencies interact on the FX market. And one economic indicator is the jobs market.
The labor [...] -
Is the Fed Hurting the Dollar in the Long-Term?
February 10, 2009[Story ID: 61]
In recent memory, the stakes have never been so high, and the global economy has never been so imbalanced. Accordingly, the Fed and the Treasury must be careful that in treating the economic crisis, they don’t inadvertently damage the very foundation of the US economy.