Market News

As the June European Central Bank policy meeting looms, the pressure on the Euro continues to be relentless with markets bracing for some form of easing. Get the full news analysis for June 2, 2014 here.

The Japanese Yen moved higher against the Euro on profit taking ahead of the weekend. According to analysts, investors’ expectations that the Bank of Japan might increase their pace of quantitative easing has been running low and boosting the Yen’s strength relative to its peers.

With speculation growing that the European Central Bank is likely to undergo a transformation to a looser policy after its next monetary policy meeting, the Euro has been under relentless as a result. Get the full analysis for May 29, 2014 here.

After weeks of being mired down, the U.S. Dollar firmed and then steadied and the U.S. Dollar Index held close to an 8-week high against its peers following the release of new, unexpectedly improved economic data which lifted sentiment for the greenback.

The Euro continues to remain under pressure and vulnerable after European Central Bank head raised expectations that monetary policy in the Eurozone is about to undergo a shift to a looser strategy. Get the full Forex news update here.

Investors’ expectations of a looser monetary policy from the European Central Bank are continuing to grow and weighing on the Euro in Asian trade. Base your trades on the latest news in the Forex world here.

Monday, May 26, 2014 is a public holiday in both the U.K. and the U.S.A. The U.K. and the U.S.A. are the major financial centers driving volume in the Forex market, so we can expect this day to have very low volatility and price movement.

Improved economic data from the U.S. helped to push the greenback to a 1-week peak versus the Japanese Yen while it maintained its position against the common currency Euro. Get the updated Forex news here before the weekend begins.

An unexpected but welcome improvement in China’s Purchasing Manager’s Index helped to improve risk appetite broadly, sending the safe haven Japanese Yen lower and the Australian Dollar higher.

Just ahead of the Bank of Japan’s policy announcement the U.S. Dollar remained close to a 3-month trough versus the Japanese Yen.

The Japanese Yen remained closed to a 3-month peak versus the greenback and the common currency Euro as speculation wanes that the Bank of Japan is likely to provide further stimulus.

The Euro steadied during trading in Asia on Monday after two difficult weeks which saw the Euro lose more than 1% against its American rival, the U.S. Dollar.

The Euro remained close to a 6-week trough versus its U.S. counterpart as dovish expectations of a possible interest rate cut by the European Central Bank continue to grow.

The Euro held close to a 5-week trough versus the U.S. Dollar as investors’ speculation intensifies and reevaluates the likely next move of the European Central Bank.

The Euro remained close to a recently struck 1-month trough versus the greenback but FX traders also remain wary of the likeliness of the European Central Bank to ease in order to stimulate the economy in the Eurozone area.