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November 2008
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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...
- British Pound Weighed Down By Drop in UK CPI, May Be Exacerbated By BOE Meeting Minutes - Euro: ECB President Trichet Stresses Difference Between Deflation...
During a speech in London, European Central Bank President Jean-Claude Trichet said that persistent inflation pressures had dissipated in the Euro-zone...

EUR/USD Continues Struggle on FX Market

Tuesday, November 18th 2008   7:40
Euro remains weak in forex tradingEUR/USD continues its rangebound struggle on the FX market today. The euro has periodically been attempting to rally in forex trading against the greenback, but it...

EUR/USD: The Euro Dollar, in a triangle formation

Tuesday, November 18th 2008   15:50
FXstreet.com (Barcelona) – The Euro Dollar, as well as the rest of the majors, has been moving in a narrow range for the last hours and the cross is now inside a triangle pattern, according to...

Euro Rallies in Forex Trading

Monday, November 17th 2008   7:12
Currency trading with the euroThe euro is rallying this morning in forex trading on the currency market as the G-20 meeting concludes. Even though the participants made noises and promises that they...

U.S. Dollar Forex Trading Forecast

Monday, November 17th 2008   7:21
Greenback declines in the short-term in currency tradingThe U.S. dollar forex trading forecast for the short-term is showing a story of decline. The euro is rallying in forex trading, and the yen...

Someone is Always Making Money in Forex Trading

Monday, November 17th 2008   7:24
Currency trading in pairsOne of the features of forex trading is that someone is always making money. This is due to the nature of currency trading in pairs.

Europe, Japan Officially in Recession

Monday, November 17th 2008   7:28
Currency trading and global recessionEven while officials hesitate to officially declare that the U.S. is in a recession, that situation has been confirmed in Europe and in Japan. The two economic...

Euro Zone Trade deficit narrowed in September

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.
- British Pound Continues to Consolidate Below 1.4950-1.5000, Forecast Depends on BOE Minutes, Investor Sentiment - Euro Fails to Break Above Key Trendline...

Euro Downtrend Intact; Breakdown Possible Soon

Friday, November 14th 2008   15:14
The euro / dollar retraced over half of yesterday's rally, ending down over 150 pips for the day and down a little over 200 pips for the week. Bears remain...
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...

Euro Forecast Remains Dim on Euro Zone Recession Concerns

Friday, November 14th 2008   16:33
Euro forecasts against the US Dollar took a turn for the worse on the week, as generally dismal European economic data and further losses in the US Dow...

Forex Trading Weekly Forecast - 11.17.08

Friday, November 14th 2008   21:23
US Dollar Strength May Be Tempered By Near-Term Resistance Euro Forecast Dims on Euro Zone Recession Fears, Dow Tumbles Japanese Yen May Rally Through...

Euro: To Praise or Condemn?

Friday, November 14th 2008   6:21
In light of the credit crisis, commentators on the Euro have taken to one of two extremes; either they believe the Euro is doomed, or they argue that the Euro represents the key to EU economic...

Euro Drops in Forex Trading

Friday, November 14th 2008   7:41
Currency trading with the euroThe euro is dropping in forex trading on the currency market as recession becomes a reality. Currency trading should consider that the euro zone economy is sliding into...

U.K. Pound Pares Some of Its Losses in Currency Trading

Friday, November 14th 2008   8:08
Sterling recovers slightly against euro in forex tradingThe U.K. pound is paring some of its losses in currency trading on the FX market today. The sterling is recovering slightly against the euro in...

EUR/USD: The Euro posted a sharp rally yesterday

Friday, November 14th 2008   9:15
FXstreet.com (Barcelona) – The Euro bounced back against the USD yesterday, and according to the ActionForex Technical team, the bias flipped to the upside: “EUR/USD's strong rebound from 1.2389...
FXstreet.com (Barcelona) – Economies of the countries belonging to the Euro Area have dipped into recession for the first time in the history of the European Union if preliminary figures by...

Euro Area CPI continued moderating in October

Friday, November 14th 2008   10:24
FXstreet.com (Barcelona) –Inflation has continued moderating at a fast pace in October, as food and energy prices slow down their growing paces, according to data released by Eurostat.
- Euro Tests 1.24, Then Jumps 400+ Points as German GDP Reflects Worst Recession Since 1996 - British Pound Experiences Heavy Volatility, May Still Face...
US dollar, Japanese yen plunge as volatility surges, but forex markets are likely to remain choppy on Friday's Euro-zone Q3 GDP and US Retail Sales...

US Dollar Falls Against the Euro as Wall St Races Higher

Thursday, November 13th 2008   16:26
The US Dollar plunged -2.1% against the Euro as stocks surged to close the Wall St trading day with a nearly 7% gain. The greenback has been closely correlated...
It was a volatile day of trading for the euro, as the currency slumped throughout the morning to test support at 1.2400 following the release of disappointing...


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