According to Fan Yang, currency analyst at CMS Forex the pair appears to be developing a zig zag correction pattern. "The current rally can be expected to ...See all stories on this topic »
Forex: EUR/USD retreats from 1.2855
Source: www.google.com
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ZuluTrade Adds New Supported Broker - InvestTechFX
ZuluTrade, the popular forex signal provider platform, has recently added another forex broker to their supported brokers list. This new broker goes by the name of InvestTechFX. From what I was able to gather InvestTechFX is a Canadian forex broker that’s been online since 2006. Why you may...
Daily Forex Outlook - FED remains Dovish, USD Weak
U.S. Dollar Trading (USD) was on the back foot as stocks rallied around the world and the Federal Reserve left rates at 0.25% and stating that rates would remain low for an extended period of time. ADP October Employment Report was -203k vs. -188k previously. Also released, ISM Services forecast at...
EUR/USD Down for a Second Day as Productivity Grew
EUR/USD continued to fall today as the ECB kept interest rate unchanged and the U.S. productivity in the first quarter of 2009 rose faster than expected. The currency pair is now trading near 1.4121. Initial jobless claims were at 621k last week, down from 625k...
FOREX-Dollar rallies vs yen, NZ dollar shines
By Ian Chua LONDON, May 28 (Reuters) - The dollar rallied to a 2-1/2 week high against a broadly weaker yen on Thursday as a spike in US bond yields and ... See all stories on this...
Jürgen Stark Resigns From Position at ECB
The European Central Bank (ECB) has announced the resignation of key ECB official, Jürgen Stark. The Bank said in...