SUBSCRIBE TO FEED'Trading' Tag
-
Euro Finds Support in Forex Trading
March 20, 2012Angela Merkel’s comments help the 17-nation currency Euro is finding support in forex trading today, mostly due to German Chancellor Angela Merkel’s remarks about the bailout funds. Merkel expressed the possibility that bailout funds in the eurozone could be combined in order to better help shore up the financial firewall that would keep countries from [...]
-
US Dollar Falls in Forex Trading
March 16, 2012Currency trading with the greenback US dollar is pulling back in forex trading today, heading lower after a few days of gains, especially against the euro. Dollar has been higher lately, thanks to improved US economic data. However, now that improvement is translating to risk appetite and the dollar index is falling. Euro is finally [...]
-
Euro Gets a Boost in Forex Trading
March 16, 2012Euro gains quickly on the currency market Euro is getting a boost in forex trading on the currency market today as CPI in the US continues to rise. Even though CPI was a little lower than expected, it was still close to the 0.5 percent predicted. As a result, forex traders are looking for higher [...]
-
US Dollar Gains in Forex Trading
March 10, 2012Greenback in currency trading US dollar is gaining in forex trading, heading higher as better news helps support for the greenback. Indeed, the news that non-farm payrolls continue to gain is helping support the US dollar. The good economic news is in contrast to jitters that remain about the eurozone. Even though the Greek debt [...]
-
US Dollar Strengthens in Forex Trading
March 7, 2012Currency trading news for the US dollar The US dollar is strengthening in forex trading on the currency market today, heading higher. The forex trading forecast calls for more risk aversion as uncertainty rises. Concerns about the global economy are high right now. So far, markets have been slow to recognize that a slowdown — [...]
-
Spanish News Sends Euro Lower in Forex Trading
March 4, 2012EUR/USD in currency trading The latest news out of Spain is disappointing many forex traders today. Spain has adjusted its deficit target to allow for a greater amount of debt. Additionally, the latest jobless claims data for Spain is also discouraging. With some believing that Spain could be the next Greece, there are concerns about [...]
-
US Dollar Gains in Currency Trading on Safe Haven Demand
March 4, 2012Greenback in forex trading US dollar is gaining in currency trading on safe haven demand today. Greenback is gaining as worries about what’s next for the global economy takes hold. Forex traders are looking for the safety and stability of the US dollar right now. Concerns about Europe have been raised again on the latest [...]
-
Euro Continues to Struggle in Forex Trading
March 2, 2012Greece specter looms over eurozone Euro continues to struggle in forex trading, heading lower as concerns about Greece continue. Even though some are saying that the Greek restructuring isn’t a "credit event," there are those who aren’t so sure. Additionally, recent news about eurozone economic concerns, and the latest LTRO infusion from the ECB, aren’t [...]
-
Canadian Dollar Gains in Forex Trading
March 1, 2012Loonie in currency trading Canadian dollar is gaining against US dollar today as a couple of factors come into play. Loonie is getting help in currency trading from the fact that risk appetite, in general, is on the rise, thanks to relief over Europe and better GDP news out of the United States. Loonie took [...]
-
UK Pound Mixed in Forex Trading
February 27, 2012Sterling up against euro, but down against dollar UK pound is mixed today in forex trading, thanks to the latest news coming out of the eurozone. With risk aversion high, pound is down against the US dollar. However, with concerns about the eurozone on the rise again, the sterling is up against the the 17-nation [...]
-
Pound Gains Against Dollar and Euro in Forex Trading
February 26, 2012Sterling in currency trading The UK pound is gaining against the dollar and the euro in forex trading today, even though the latest economic data might not be so encouraging. The latest numbers indicate that the British economy shrank in the fourth quarter of 2011. However, that news only confirmed an early reading, and was [...]
-
US Dollar Softens in Forex Trading
February 26, 2012Greenback in currency trading US dollar is softer today in forex trading, heading lower as good news and hopes for the future support high beta currencies. Stocks are higher today, and that is also supporting the pound and euro in forex trading. On top of that, commodities are pressuring the US dollar. Even though gold [...]
-
Euro Turns Higher after Apathetic Trading Following a Greek Debt Deal
February 22, 2012Euro in forex trading Euro is turning higher now, with the US session underway, after an apathetic performance earlier. When the news of the Greek debt deal was released, ensuring funding for the beleaguered country through 2014, the euro actually dipped. The news wasn’t greeted with the enthusiastic rally that many expected. Perhaps that had [...]
-
Euro Continues Rally in Forex Trading
February 18, 2012Euro in currency trading Euro continues to rally in forex trading, extending its recent gains after overcoming yesterday’s early losses to the US dollar. Today, forex traders continue to hope that a Greek deal will get done on Monday. The fact that retail prices rose less than expected hasn’t put much of a damper on [...]
-
Euro Drops in Forex Trading
February 16, 2012Currency trading news and information Euro is dropping against the US dollar in forex trading, heading lower on the reports that the Greek debt deal has been put off again. Concerns about sovereign debt throughout the eurozone have been raised again, thanks to this latest delay. Additionally, concerns about what’s next with Iran are also [...]
-
US Dollar Slips against Yen in Forex Trading
February 14, 2012Greenback falls after earlier gains US dollar is slipping against the Japanese yen in forex trading, after gaining earlier. Japanese GDP news originally gave the US dollar a boost against the yen, but now the dollar has slipped. Dollar is displaying general weakness today, heading lower as risk appetite rises around the world. The dollar [...]
-
Euro Drops in Forex Trading
February 12, 201217-nation currency falters on incomplete Greek debt deal Many thought that a Greek debt deal was finally being reached earlier this week. However, Eurogroup leaders are stipulating further measures to Greece, and the deal remains incomplete. Indeed, the talks are on the verge of falling completely to pieces. As a result, the euro is dropping [...]
-
Aussie Reaches Support in Forex Trading
February 8, 2012Currency trading with the Australian dollar The Aussie has found a support level in forex trading against the US dollar today. Aussie is a little bit higher today, thanks to the latest news out of Australian. The RBA has decided to keep its interest rate at 4.25% — even though the forex market had already [...]
-
US Dollar Mixed in Forex Trading
February 8, 2012Greek news, economy sends mixed signals to greenback The US dollar is mixed in forex trading on the currency market today as an interesting situation arises. On one hand, Greek officials are trying to make it clear that they are attempting to meet austerity goals. However, the country may not be able to meet the [...]
-
Euro Pulls Back in Forex Trading
February 4, 2012Uncertainty sends euro down on risk aversion There is just enough uncertainty in the FX market to send the euro lower today in forex trading against the US dollar. The 17-nation currency is heading lower as concerns about Greek debt remain, and as forex traders consider the United States. Indeed, Ben Bernanke just told Congress [...]