Markets Brace For Sunday’s Elections

Markets Brace For Sunday’s Elections

Forex | 08:09 | 25/01/15
The Euro slumped to the least in over eleven years against the greenback following the European Central Bank’s announcement, and remained under pressure as investors worry over the outcome of the Greek elections scheduled for Sunday. Euro Dips After The ECB’s ...
Japanese Policy Makers Refrain From Adding Stimulus

Japanese Policy Makers Refrain From Adding Stimulus

Forex | 09:48 | 22/01/15
The Yen rose for the first time in close to one week versus the U.S. Dollar after the Bank of Japan decided not to increase stimulus this month. The Sterling declined after the Bank of England released the minutes from ...
China Posts Mixed Data

China Posts Mixed Data

Forex | 09:38 | 21/01/15
The Yen extended its decline for the third consecutive day versus the U.S. Dollar on reports showing that China’s economy expanded at a faster pace than anticipated, reducing demand for harbor assets. But the reports show that all the metrics ...
Investors Retrieve Their Gains

Investors Retrieve Their Gains

Forex | 10:11 | 20/01/15
The U.S. Dollar declined against most of the major currencies in the Forex exchange as speculators closed their positions to secure profits after the greenback’s big rally. With the markets closed for a national holiday in the U.S., trading volume ...
Franc Sustains Historic Increase

Franc Sustains Historic Increase

Forex | 10:11 | 19/01/15
The Swiss Franc sustained a historic advance in the past week, strengthening against all currencies after the central bank surprised the markets by abandoning the peg to the Euro which it instituted three years ago. SNB Abandons Peg In the past week, ...
U.S. Inflation Falls

U.S. Inflation Falls

Forex | 10:31 | 18/01/15
The U.S. Dollar remained strong, trading at the highest level in twelve years versus many of its Forex counterparts even as official reports released on Friday pointed to a decline in consumer price inflation. Dollar Still Strong Despite disappointing economic reports issued ...
Commodities Impact Forex Market

Commodities Impact Forex Market

Sophie J. Fletcher | 08:47 | 15/01/15
Following a major decline in commodity prices, sentiment throughout the Forex market shifted towards risk aversion, causing harbor currencies to rally. The Japanese Yen surged to the highest level in one month against the greenback and strengthened versus other majors. Yen ...
Gold Reaches Highest Price In Three Months

Gold Reaches Highest Price In Three Months

Forex | 09:51 | 14/01/15
Following the continuing decline of oil prices, gold rose to the highest level in twelve weeks. Market traders tried to gauge when the Federal Reserve may move forward with an interest rate hike given the last report showing a drop ...
Yen Rallies On Wage Concerns

Yen Rallies On Wage Concerns

Forex | 09:51 | 13/01/15
The Yen traded at the highest rate since December against the greenback on concerns that Friday’s economic reports out of the U.S. showing a decline in average hourly earnings may convince the Federal Reserve to delay raising the costs of ...
U.S. Posts Decline In Earnings

U.S. Posts Decline In Earnings

Forex | 11:49 | 12/01/15
The Yen gained momentum on Friday versus the Dollar following the release of U.S. employment data, which indicated that while employers added more workers than economists predicted, average earnings plunged –a factor that could delay a rate hike. U.S. Employment Report ...