U.S. Housing Starts Offer Solid Proof Of Recovery

U.S. Housing Starts Offer Solid Proof Of Recovery

Forex | 08:53 | 21/08/14
The U.S. Dollar advanced to the highest price in eleven months against the Euro following the release of solid economic reports out of the U.S. which showed that housing starts rose the most in eight months. Tuesday’s releases offered proof ...
Chinese Demand For Foreign Products Increased

Chinese Demand For Foreign Products Increased

Forex | 09:25 | 20/08/14
In the markets, all the talk is about the chart of the day. Trading experts believe that analysis of the graphs points to a rebound of the New Zealand currency. Fundamentalists believe this is due to the hike in demand ...
Comments On Wages Boost Pound

Comments On Wages Boost Pound

Forex | 09:23 | 19/08/14
The British Pound rebounded from the lowest level in four months against the U.S. Dollar following comments by the Bank of England’s governor, Mark Carney, who indicated that wages may increase while the interest rate could go up sooner. Sterling Rebounds The ...
U.S. Consumer Confidence Falls Below Forecasts

U.S. Consumer Confidence Falls Below Forecasts

Forex | 07:53 | 18/08/14
The U.S. Dollar fell against the Yen and a number of its trading peers as economic fundamentals out of the U.S. disappointed investors, while tensions between Russia and the Ukraine intensified after government forces destroyed a Russian convoy. Dollar Declines The greenback ...
Euro May Drop Below $1.30

Euro May Drop Below $1.30

Forex | 07:03 | 17/08/14
The Euro continued to trade higher than the U.S. Dollar on Friday after the U.S. posted mixed economic data which provided minimal support for the greenback. However, worries over the Euro-zone’s fragile economy limited the shared currency’s gains. Euro May Reverse ...
Euro-zone Economy May Continue To Struggle

Euro-zone Economy May Continue To Struggle

Forex | 08:42 | 14/08/14
The Euro traded close to the lowest price in nine months against the U.S. Dollar as investors and economists anticipate that economic reports will show a slowdown while inflation continued to drop. And the Yen was impacted by a Drop ...
Germany Posts Drop In Confidence

Germany Posts Drop In Confidence

Forex | 08:14 | 13/08/14
The Euro slumped to the lowest price in nine months as data out of Germany continued to disappoint investors. The latest reports showed a major decline in investor sentiment, likely due to global geopolitical crises and the region’s fragile economy. Euro ...
Yen Declines As Global Tensions Ease

Yen Declines As Global Tensions Ease

Forex | 08:59 | 12/08/14
After reaching the highest price in three weeks against the U.S. Dollar, the Yen declined. This took place as market traders were set at ease after Russia announced that it was concluding military drills along the Ukrainian border. Yen Falls As ...
Risk Appetite Reigns In The Market

Risk Appetite Reigns In The Market

Forex | 08:53 | 11/08/14
Australia’s Dollar rebounded against its U.S. peer after risk appetite improved in the Forex market following reports indicating that Russia concluded military exercises along the border with the Ukraine, reducing the possibility of an invasion. Aussie Rebounds On Russian News The Australian ...
British Home Values Reach Record High

British Home Values Reach Record High

Forex | 09:03 | 10/08/14
The British Pound traded near the lowest price in two months against its U.S. counterpart following the announcement of lackluster trade balance reports, and despite stellar news indicating a hike for U.K. House Prices and Sales. British Pound Slumps Despite Mixed ...