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Forex News

  • U.S Jobless Claims down by 16K

    - Jun 16, 2011
    The Euro is seen tumbling towards the downwards direction, the currency against the U.S Dollar managed to plunge to 1.40 levels; Reasoning for this can be put upon complications in Greece as the debt in Europe...

  • Sterling weakening against Dollar

    - Jun 16, 2011
    Monthly Sales Volume announcement was released earlier today. Results were expected to be released lower than last month, as predicted by economists. 1.1% last month, forecast was expected at 0.5%. Instead, Retail Sales dove...

  • Swiss Libor Rate

    - Jun 16, 2011
    Swiss reports on Interest Rates were released by Swiss National Bank. Libor Rate was predicted to remain the same, as previous releases, at 0.25%....Read More

  • Pound being pounded by Dollar

    - Jun 15, 2011
    United Kingdom's labour market released important announcements about U.K's Unemployment change and Total Pay. ...Read More

  • Euro struggling versus Dollar

    - Jun 15, 2011
    The Euro is continuing to weaken against the U.S Dollar; after crawling back to 1.4405, it struggled to stay there and fell to presently trade at 1.4375. Euro is struggling as Greece's debt problem resurfaced...

  • Dollar staying steady;

    - Jun 14, 2011
    Earlier in the day, the British currency was rising higher against the Dollar; reaching 1.6426 while anticipating U.K Consumer Price Index. Meanwhile the news was expected to be released the pair rose even more to...

  • Lower Jobless Rate for Canada

    - Jun 10, 2011
    Canada gained a total of 22,300 jobs in May, even a little better than expectations at 21,800. Unemployment Rate went from 7.6% in April, down to 7.4% in May....Read More

  • Euro losing strength against Dollar

    - Jun 10, 2011
    The European currency saw a great loss after yesterday's ECB interview with Trichet. Throughout the day, the 17-nation currency was trading high at 1.4650 against the Greenback....Read More

  • U.K Manufacturing Production

    - Jun 10, 2011
    After United Kingdom's Manufacturing Production and PPI Input releases, GBP/USD went from trading at 1.6240 to 1.6210, but this didn't last long as Sterling recovered and jumped to trade at it's currenct point of 1.6290....Read More

  • Trichet announces rates at 1.25%; Euro tumbles down

    - Jun 9, 2011
    European Central Bank President, Trichet, announced that rates were to be kept at 1.25%. This was widely expected by the markets....Read More
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