Daily Forex News
Daily Forex News
Greece Talks Progress, Aims for May Deal | 5/4/2015 7:31:56 AM
Negotiations between Greece and its international lenders over reforms to unlock remaining bailout aid have made headway and an agreement could be closer this month, a government official said on Sunday.
Weekly Economic & Political Timeline | 5/3/2015 1:24:52 PM
This week should be busier than last week, with the focus falling upon the U.S. and Australian Dollars and the British Pound. There is plenty of economic data due for the U.S. Dollar, particular the non-farm payrolls, and the market will be watching closely to whether if the U.S. economy continues to move forward or is beginning to falter.
Sharp Fall in Oil Prices Expected | 5/3/2015 12:24:41 PM
After a stellar month for beaten-down oil markets, the risk of another sharp slide downwards may be around the corner, analysts said Friday.
Chinese’s Economy May be Stabilizing | 5/1/2015 7:08:50 AM
A Chinese manufacturing gauge for April suggested that growth may be starting to stabilize in the nation's economy after the government spurred infrastructure investment and eased monetary policy.
Struggling US Economy Worries Dollar Bulls | 4/30/2015 8:28:27 PM
For the third consecutive day, the common currency Euro has pushed higher versus its main rival, the US Dollar, on growing worries over the future of the US economy.
BOJ Cuts Inflation and Growth Outlook | 4/30/2015 6:56:09 AM
The news is just in that the Bank of Japan (BOJ) has decided to keep its policy steady in an 8-1 vote Thursday, but it cut its forecasts for economic growth and inflation in its outlook statement.
Swedish Central Bank Catches Traders Flatfooted | 4/29/2015 7:07:35 PM
While the FX world awaits news from the Federal Reserve to assess future Dollar direction, another world bank went and surprised markets earlier today with by leaving interest rates at current levels rather than announcing the highly expected rate cut.
Fed Moves Still in Doubt | 4/29/2015 9:04:45 AM
As the Federal Reserve's policy-setting committee wraps up its third meeting of the year, it is still not clear to anyone when and if it will raise interest rates.
Euro Edges Higher on Greek Hopes | 4/28/2015 7:47:54 PM
The Euro was pushed close to a 3-week high against its main rival, the US Dollar, as investors pinned their hopes that Greece was on the verge of securing new funds to avoid default.
Asian Shares off Before Fed Meeting | 4/28/2015 8:57:07 AM
Asian stocks pulled back from a seven-year peak scaled on Tuesday as sentiment gave way to caution ahead of the Federal Reserve's policy two-day meeting scheduled to start later in the session.
Dollar Lacking Momentum ahead of Fed Decision | 4/27/2015 11:31:24 AM
Last week’s disappointing economic data from the US forced the US Dollar lower where it has finally steadied. The Dollar has now been under pressure for nearly seven weeks as investors ponder the likelihood of a Fed interest rate move, which put an end to the greenback’s long-term buoyancy.
Greece, Euro Zone Still Far From Bailout Deal | 4/27/2015 8:37:59 AM
Greece appeared no closer to a reforms-for-aid deal after the country's finance minister met with his euro zone counterparts on Friday.
Weekly Economic & Political Timeline | 4/26/2015 8:47:22 AM
This week can be expected to be more active than last week, with the primary focus certain to fall upon the US Federal Reserve followed by the Bank of Japan and the Royal Bank of New Zealand the following day, as all will be releasing major policy statements and announcing interest rates.
What’s in Store for Greece | 4/26/2015 7:44:56 AM
With focus on a May 6 interest repayment to the International Monetary Fund and the next Eurogroup meeting on May 11 in Brussels, Greece has a number of funding hurdles to clear before then and beyond.
Japanese Yields Shift Below Zero | 4/24/2015 9:23:40 AM
Driven by a lack of selling, Japanese yields fell below zero for the first time since January. Two-year yields fell one basis point to minus 0.015 percent following the central bank’s move to purchase 520 billion yen in debt.