Wednesday, November 19th 2008 17:36
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...
Wednesday, November 19th 2008 18:01
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...
Wednesday, November 19th 2008 7:14
Sterling gains in forex tradingThe U.K. pound saw a bump in currency trading on the FX market following the news that the Bank of England may cut interest rates further. Additionally, the minutes...
Wednesday, November 19th 2008 7:44
Exports are more important than the yen in currency tradingFor years, the Bank of Japan and other Japanese officials have made it clear that exporters are more important than the strength of the yen...
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...
Wednesday, November 19th 2008 11:16
FXstreet.com (Barcelona) – Manufacturing output has declined in the United Kingdom in November to its lowest level since 1980, while the new orders remain at very low levels, according to the...
Tuesday, November 18th 2008 12:30
The Dow Jones Industrials Average shed all of its earlier gains, with a late afternoon tumble leading to sharp rallies in the highly risk-sensitive US...
Tuesday, November 18th 2008 19:12
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...
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...
Tuesday, November 18th 2008 7:56
Currency trading with the kiwi and the AussieIn currency trading, the kiwi and the Aussie are having trouble right now. The down under currencies are declining in FX trading as risk aversion remains...
Tuesday, November 18th 2008 7:27
FXstreet.com (Barcelona) – Asian stock markets have opened Tuesday’s session in red weighed by sharp losses posted by real state firms and banks with weakness by lower consumer demand hitting...
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...
Monday, November 17th 2008 16:37
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...
Monday, November 17th 2008 17:49
At its Nov. 4 meeting, the Reserve Bank of Australia eased “monetary policy quickly to a neutral position,” for a total of three rate cuts over the course...
Friday, November 14th 2008 15:22
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...
Friday, November 14th 2008 21:33
The Swiss Franc resembled its traditional form to end the week as a bullish spike in equity markets sent the typically safe haven currency lower against...
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...
Thursday, November 13th 2008 15:14
The British Pound crosses have come into significant support. The GPBCHF is testing its all-time low.
Wednesday, November 12th 2008 18:23
Russia is currently facing its worst currency crisis since 1998, when it defaulted on its debt and the Ruble plunged 71% against the Dollar. This time around, Russia is being attacked on two fronts:...
Thursday, November 13th 2008 6:39
Sterling continues to be pounded in currency tradingThe U.K. pound has dropped below $1.50 in forex trading on the currency market. The sterling continues to be pounded in currency trading as the...
Thursday, November 13th 2008 7:49
FXstreet.com (Barcelona) – Asian stocks have declined sharply on Thursday on renewed concerns arisen by weakening Chinese industrial production and slumping consumption on the US, both of them key...
Thursday, November 13th 2008 9:44
FXstreet.com (Barcelona) – The European Central bank has released its monthly bulletin where it observes that global economy is slowing down and uncertainty remains at unusual high levels, although...
Thursday, November 13th 2008 13:50
FXstreet.com (Barcelona) – US deficit in goods and services trade with the rest of the world has narrowed somewhat beyond expectations in September reaching its lowest level since October 2007...
Wednesday, December 31st 1969 18:00
Yesterday the GBP/USD suffered sharp losses and hit its lowest level in 6 years. The Cable lost 3.7% to end... Nov 13 2008 10:22AM UTC
Wednesday, November 12th 2008 17:13
After such an aggressive rally over the past three months, it is growing increasingly difficult for the US dollar to sustain its climb. Nonetheless, should...
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