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Yen Rises Vs Dollar, Euro on Japan’s Growth, Deficit Plan
The yen advanced against the greenback and the euro as Japan’s ruling party announced a plan to restore growth, end deflation and shrink the budget deficit to contain the world’s largest public debt.
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Short EURGBP, USDCHF and AUDCAD; Pending GBPJPY, GBPAUD
Price action over the past 12 hours has been very interesting. Volatility has increased significantly from yesterday and a few stand out currencies posting extraordinary moves. However, through this, there is little consistency in the fundamental
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Oil prices drop
Oil prices dropped below $US77 a barrel as investors lost confidence in a three-week rally amid signs of weak crude demand in the US, the world's biggest energy consumer, and a modest, uneven economic recovery.
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U.S. Dollar Trades Lower
The US dollar was lower across the board Tuesday, with EUR/USD climbing to its highest level since June 1 despite widening peripheral bond spreads.
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Strong Beginning, Tepid Finish For The Euro
EUR/USD rallied to the low 1.2270s straight out of the gate this morning, before running into sellers from central banks. Price consolidated below that level until the 15:00 GMT fixing when the offers were absorbed and prices rallied as high as 1
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Forex-3 Key Market Drivers June 14th- 18th
Implications for the coming week and beyond Coming weeks likely market movers EU Debt Crisis-nothing has changed-risks to watch Further news on Hungary
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OPEC oil price climbs 1.13 dollars
The oil price of the Organization of the Petroleum Exporting Countries (OPEC) added 1.13 dollars towards the end of the week, the group said Friday, as oil prices followed upward-moving stockmarkets across the globe.
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Trade Currencies And Make Profit Online
Forex currency trading has been expanding lately. The availability of the Internet has also made Forex market accessible. Nowadays people trade currencies across the world and from the comfort of their homes. Forex is open around the clock and th
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USD gains on European banks concern
The dollar extended gains against the euro on Tuesday as the market was concerned about the health of European banks.
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GDP shoots up, but so could interest rates
A sharp rebound in industry and services combined with a better-than-expected farm output helped the Indian economy grow by 7.4 per cent in 2009-10. The expected results: more jobs, more wealth.
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Month-End Flows Help JPY Crosses Bounce
The very early part of the session, when only the interbank market was open, was notable only for a stop-loss hunt in the cable which took prices down to a low of 1.4360 although the low since 7am in Sydney has been 70 pips above there.
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The Importance Of A Professional Forex Course
Despite of the fact that the majority of Forex traders loose their money, a lot of people join this community and start trading currencies also. Forex has become very accessible and in order to trade you need a computer with internet connection b


