[Story ID: 4064]
Interest rates expected to remain steady
The Australian dollar is turning lower in currency trading on the FX market today as interest rates are expected to remain steady for some time.
Today, RBA Governor Glenn Stevens pointed out that things have slowed dramatically in the Australian economy recently, and the need for higher rates has [...]
[Story ID: 3630]
Interest rate hike could be delayed
U.S. economic data continues to conflict, indicating that the U.S. economic recovery is going to continue to experience slow going. This morning, consumer price data showed a drop in April, as retailers respond to weak demand with a high employment rate and continued housing market woes.
As a result, [...]
[Story ID: 2950]
Forex trading with GBP/USD
The sterling can’t seem to get ahead in currency trading on the FX market. Even though the FTSE 100 is doing well right now, the pound remains down in forex trading. Indeed, the euro is doing better, in spite of continued concerns over euro zone members’ debts.
And, debt and political [...]
[Story ID: 2522]
Retail sales unable to boost greenback in forex trading
The U.S. dollar is down in currency trading on the FX market this morning as forex traders look for higher returns. Even the improved retail sales data could not get forex traders to focus on fundamentals — especially since the Fed has been reluctant to [...]
[Story ID: 2178]
Forex trading with the greenback
The U.S. dollar is higher in currency trading on the FX market this morning, thanks to the news that the U.S. economy added jobs. Indeed, the U.S. saw the biggest boost to jobs in three years.
As a result of this news, the U.S. dollar jumped against the sterling and [...]
[Story ID: 1834]
Sterling in forex trading
The pound slipped below 1.5000 in currency trading on the FX market earlier in trading. The move was not much of a surprise, with the news that inflation is cooling in Britain, giving rise to the assumption that quantitative easing will continue for a while.
Other pressures on the U.K. pound [...]
[Story ID: 1570]
Sterling in forex trading
Currency trading on the FX market should consider that the sterling is dropping as traders consider the latest warning from Moody’s. The credit rating agency issued warnings that the U.S., U.K., France and Germany could face ratings downgrades soon with regard to their sovereign debt.
The countries that are considered most [...]
[Story ID: 863]
Kathy Lien quoted by corporate fx.
The dollar is not under threat from a rallying euro because “fundamentally, the Eurozone is in worse shape than the US,” one foreign exchange hedging strategist has claimed.
Writing for FX360, Kathy Lien, director of currency research at GFT, explained that while the euro rallied against the dollar at [...]
[Story ID: 79]
Ava FX Review
Ava FX is one of the most popular, hence one of the biggest, online Forex traders today. They have an estimated $16 billion worth of assets, and claim that the money clients entrust to them are secured. Ava FX also boasts of their stable trading platform, with ‘