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Forex News

  • Pending Sales in US dive by 12%

    - May 27, 2011
    US Pending House Resales is important is Forex market traders as it's the leading economic health indicator, as the sales of homes trigger a wide-reaching ripple effect. EUR/USD continues to trade at 1.4137. GBP/USD...

  • Consumer Spending released in U.S

    - May 27, 2011
    The Dollar continues to be under pressure by most major currencies, even though there were some slight gains. EUR/USD fell from today's 1.4280 to the current 1.4237, as GBP/USD is trading lower from 1.5460 to...

  • CHF tops USD and EUR

    - May 27, 2011
    The Swiss Franc took a turn for the better as it's rising higher against major currencies such as the American Dollar and the 17 nation currency. CHF hits all-time record highs against both currencies; USD/CHF...

  • ECB’s Press release

    - May 27, 2011
    Monetary Developments in the Euro Area for April were released just minutes ago. Year on year growth rate of M3 came out lower than expected at 2.0%, decreasing from 2.5% value expected and prior March...

  • Housing Prices in U.K better than expected, at 0.3%

    - May 27, 2011
    United Kingdom released its Housing Prices figures in May, which surprisingly viewed better results than expected; at 0.3%. 0.2% higher than forecasted....Read More

  • U.S Dollar weakens after GDP release

    - May 26, 2011
    The number of individuals who filed for unemployment insurance for the first time during the past week added up to 424,000 people; 21,000 individuals more than expected. Also, this week's subtotal was 10,000 people more...

  • Slight recovery for Euro after all-time low versus Swiss Franc

    - May 26, 2011
    Yesterday's Euro session had mixed feelings, trading flat against the Dollar and lower versus the Streling and Swiss Franc. Today's session seems to be a little brighter for the 17 nation European currency as it's...

  • Durable Goods Orders fall in April

    - May 25, 2011
    US Durable Goods Orders were released with results further less than expected. Core Durable Goods disappointed at -1.5% while expectations were circulating at 0.7. Durable Goods Orders fell by 1.6% more than foracasted, being released...

  • Gross Domestic Product for UK at 0.5%

    - May 25, 2011
    British Gross Domestic Product grew by 0.5%, remaining at the same pace as previous releases. The news initially dropped the currency versus the Dollar, slowly recovering to climb at its currenct point of 1.6183....Read More

  • Euro slips as there is no handle to hold on

    - May 25, 2011
    Troubles in Europe are making it hard for the European currency to stand on its feet. Greece's debt crisis pulled the Euro lower than it has been since March. The Euro seems to be...
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