Daily Forex News

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Forex News

Dollar Boosted by Upbeat Economic News | 4/15/2014 6:57:00 AM

The release yesterday of unexpectedly improved U.S. retail sales figures helped to push the U.S.

Euro on the Backfoot | 4/14/2014 6:04:00 AM

The Euro remains on the defensive as the trading week opened in Asia after the European Central Bank once again repeated its commitment to ensuring that deflation doesn’t get a foothold by remaining ready to provide easing as and when needed.

USD Languishes Near Multi-Month Lows | 4/11/2014 5:40:00 AM

The U.S. Dollar Index remains poised to record the largest single week’s decline in value in as much as nine months after FX players contemplate the latest Federal Reserve minutes which clearly indicate that an increase in interest rates is no longer a certainty in early 2015.

USD Bulls Disappointed by Fed Minutes | 4/10/2014 5:41:00 AM

The U.S. Dollar Index held near to a 3-week trough following the release of the latest policy minutes from the U.S. Federal Reserve Bank which disappointed investors hoping that the greenback would soon be experiencing a revival.

U.S. Dollar Takes Broad Slide | 4/9/2014 5:39:00 AM

The U.S. Dollar Index, used by investors worldwide to assess the greenback’s strength versus its rivals, fell and stayed close to a 3-week trough during Wednesday’s Asian trading session.

Asian Stocks, S&P Continue Decline | 4/8/2014 7:48:00 AM

Asian stocks plummeted for the second day on Tuesday, despite the fact that the Asia-Pacific stock gauge hit a two month peak only last week.

Dollar Falls on Labor Data Disappointment | 4/7/2014 6:01:00 AM

Commodity-linked currencies saw an upswing in momentum and held onto earlier gains as the Euro and the U.S. Dollar fell out of favor with investors.

Euro Slides on Dovish Outlook | 4/4/2014 6:08:00 AM

The European Central Bank surprised markets by taking a decidedly dovish stance in the comments which following the rate decision announcement.

Asian Stocks at Four-Month High | 4/3/2014 6:40:00 AM

Asian stocks rose for a seventh day in the longest rally this year, hovering near four-month highs on Thursday. News that China is taking steps to stimulate its economy sent the Japanese yen to a two-month low and spurred Tokyo's Nikkei to a three-week peak.

Yen Remains Pressured, Speculation Grows | 4/2/2014 6:28:00 AM

The Japanese Yen continues to be soft and touched on a 10-week trough versus its safe haven rival, the U.S. Dollar, as investors risk appetite remains high as traders speculate that China’s central bank might soon be providing additional stimulus in order to put growth back on track.

USD Backs Down after Fed Comments | 4/1/2014 6:31:00 AM

The Japanese Yen remained on the defensive during Tuesday’s Asian trade while the U.S. Dollar suddenly found itself in a similar predicament following unexpected comments from the Federal Reserve chief which led FX traders to speculate on the Fed’s monetary policy.

Subdued FX Trade as Investors Await Data | 3/31/2014 6:25:00 AM

The Euro remained within striking distance of the recently struck 1-month trough versus the U.S. Dollar in lackluster Asian trade as investors await the later release of key inflation data which could dictate the policy direction of the European Central Bank.

Euro’s Struggles Endure Ahead of Data | 3/28/2014 6:33:00 AM

The Euro continued to fight to gain traction against its U.S. counterpart, the aftereffects of dovish comments made by several officials of the European Central Bank.

Euro Feeling Pressure of ECB Commentary | 3/27/2014 8:14:00 AM

The Euro remained on the defensive against its key rival, the U.S. Dollar, as investors speculate on the possibility that the European Central Bank might now be considering a looser monetary policy in order to suppress the deflationary trend.

ECB Comments Result in Volatile Euro | 3/26/2014 8:14:00 AM

The Euro was steady during the Asian trading session today, recovering from lows inspired by dovish commentary made by some officials of the European Central Bank.

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