Daily Forex News
Forex news is an integral part of the trading process, and our goal is to provide you with the Forex trading news you need to be successful. Our daily Forex news is written by industry veterans with years of trading and reporting experience, so that you can get the information you need without the fluff. Read our Forex news now!
Yen Edges Higher but Players Remain Cautious | 12/5/2013 7:35:00 AM
The Japanese yen edged off its 5-year low versus the common currency Euro as well as a 6-month trough against the greenback though analysts say that the investors are still wary ahead of a week filled with market moving events.
Ahead of Key Week Yen Pushes Higher | 12/4/2013 10:53:00 AM
The Japanese Yen was pushed broadly higher during Asian trading as investors book profits ahead of several major events which are scheduled to occur during the week.
European Markets Continue to Drop | 12/3/2013 12:00:00 AM
European stock markets moved lower on Tuesday for the third straight day, as investors remained cautious before the closely watched U.S. nonfarm-payrolls report at the end of the week, which could affect the decision by the Federal Reserve whether or not to reduce its stimulus.
Chinese PMI Lifts Aussie and Kiwi Higher | 12/2/2013 6:00:00 AM
As the last month of the trading year began, an unexpected but welcome reading of China’s PMI data has helped to give commodity linked currencies a significant boost during the Asian trading session.
Data Fails to Support Yen | 11/29/2013 6:00:00 AM
The Japanese Yen remained close to a 6-month trough against the greenback and a 4-year low versus the common currency Euro as investors favored the low yielding albeit safe haven currency as the carry trade for higher risk asset purchases.
Yen Hits Lows Against Euro and Greenback | 11/28/2013 6:00:00 AM
The Japanese Yen struck new lows versus its major rivals, the U.S. Dollar and the common currency Euro during the Asian trading session and is poised to record the worst single month’s performance during this year.
Data and Thin Trade Weighs on Greenback | 11/27/2013 6:00:00 AM
The Dollar fell to a near 1-month trough versus the common currency Euro following the release of new economic data from the U.S. which only added to the uncertainty revolving around the Federal Reserve Bank’s decision to withdraw or scale back its quantitative easing scheme.
ECB Comments Pares Recent Euro Gains | 11/26/2013 6:00:00 AM
The Euro slipped from a recently struck 4-year peak versus the Japanese Yen following comments made by an official of the European Central Bank which effectively tanked the common currency.
Fed and BOJ Clashes Continue | 11/25/2013 6:00:00 AM
The Japanese Yen began the trading week at a fresh 4-year trough against the common currency Euro as well as a 4-month low against its U.S. rival, driven there as a result of the currency trade funding crowd.
Risk Appetite Sends Yen Lower | 11/22/2013 6:00:00 AM
The Japanese Yen slipped to a 4-month trough against its U.S. and European counterparts during Friday’s trading session in Asian as pressure rises against the safe haven currency.
Dollar Boosted by Hawkish Fed Outlook | 11/21/2013 6:00:00 AM
The U.S. Dollar edged higher, hitting a 2-month peak against its Japanese rival following the release of Fed minutes which clearly indicated that not every FOMC member supports the continuation of its ultra loose monetary policy.
Bernanke Comments Confirm Fed Thinking | 11/20/2013 6:00:00 AM
The U.S. Dollar dipped against the common currency Euro following comments made by the current Fed chief, Ben Bernanke, who confirmed investors’ suspicions that the Fed would maintain its current ultra-loose policy for an extended period of time.
USD Trades in Range on Fed Expectations | 11/19/2013 6:00:00 AM
The U.S. Dollar’s momentum was stymied during the Asian trading session on Tuesday on expectations of a prolonged QE program by the Federal Reserve with many investors already accepting as fact the likelihood that incoming Fed Chief Janet Yellen will maintain the ultra loose monetary policy which currently exists at least through March 2014.
Traders Wary of Further Yen Weakening | 11/18/2013 6:00:00 AM
The U.S. Dollar and common currency Euro remained close to recently struck highs versus the Japanese Yen during Monday’s Asian trading session, however continuing uncertainty about the U.S. Federal Reserve’s position on QE tapering will mean that the greenback’s gains are likely to be limited.
Yen Bows to Intervention Fears | 11/15/2013 6:00:00 AM
The Japanese Yen was mired close to a 2-month trough versus its main rival, the U.S. Dollar, following comments made by Japan’s Finance Minister who said that currency intervention must be included as one of the government’s policy tools.
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