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When it comes to foreign exchange (FX), there are many factors which influence the market. One of the most important things someone who wants to trade FX successfully must stay on top of is forex news. Forex news can significantly change price movements of currency pairs and for this reason it is important to keep [...]

Currency Trading News: February 26th 2013

It was a tale of two halves overnight, with some strength in the European session completely dissolving in the US session. Risk assets were dumped en masse in the US session, giving Stateside equity indexes their biggest losses since November, as partial election results spurred concern about prospects for a stable government in Italy and [...]

Currency Trading Commentary: 25th October

Despite a positive start, US markets suffered another loss overnight, extending their slump into a second consecutive session. The growing disappointment with the third quarter earnings season overshadowed data showing a bigger-than-expected rise in September new home sales to a two-year high. Also weighing on sentiment was the latest Fed meeting in which Ben Bernanke [...]

Currency Trading Commentary: 23rd October

US markets staged a last gasp rally overnight, overcoming all of their earlier falls as Apple shares surged 4% ahead of the likely release of its iPad mini. The euro climbed 0.2% to US$1.3056 after a local election in Spain allowed the Prime Minister’s party to hang onto power, easing tensions in the troubled eurozone [...]

Currency Trading Commentary: 22nd October

US markets suffered a dramatic sell-off to round out last week, as a raft of disappointing profit results weighed heavily on sentiment. Blue-chip giants, General Electric, Microsoft, and McDonald’s ignited the panic selling on Wall Street after all three reported earnings that missed analyst estimates. It was the worst one day drop on the Street [...]

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