The USD lost some ground against its major counterparts Tuesday after the Federal Reserve left interest rates unchanged, and renewed its pledge to...
US Dollar Slips After Fed Decision
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US Trade deficit increases in April. Dollar gaining in Forex Trading today.
Wednesday, June 10th - The United States trade deficit edged up in April for the second consecutive...
Japanese Industry Lagging Behind
Source: ForexYard An index which measures the change in industry activity in Japan revealed this morning that the island nation may be experiencing...
Dukascopy Afternoon Forex Overview - Sept 09 09
Previous session overview The euro has faded from its earlier succession of intraday highs, after U.S. stocks stumbled at the outset of trading to quell any resurgence of risk appetite. EURUSD now trade at USD1.4561 from USD1.4489 late Tue, and from earlier intraday high at USD1.4585. This marks...
Fed’s Lockhart: Fed should not wait long to tighten
Comments via The Market News International wire from Atlanta Fed’s Lockhart are boosting the dollar. He says the Fed should not wait long to tighten. They can tighten while maintaining a expansionary quantitative ease policies. Buying more Treasuries is an option, but it has draw backs, he...
Labour facing disastrous election results
The European elections did not go well for Gordon Brown’s Labour party but you are going to have to make your own mind up as to whether this is good or bad for the pound, as I’m not too sure. Cable has topped out at 1.66 and falls back towards 1.50 look on the cards but the uptrend...