February 2, 2012
Forecast: EUR/USD to Fall to 1.15 in First Half of 2012
Forecast: EUR/USD to Fall to 1.15 in First Half of 2012
Forex News
Dollar falls on strong US manufacturing data
The dollar fell against the euro and other major currencies Wednesday on stronger manufacturing data from the U.S. and China.Traders also bought euros after Portugal successfully raised $1.97 billion in …
Euro zone inflation stable, bets still on for ECB rate cut
Consumer price inflation in the euro zone remained at 2.7 percent for the second straight month in January, data showed on Wednesday, off last year’s peak and supporting bets that the European Central …
January 31, 2012
APNewsBreak: Changes coming for foreign exchange
A U.S. State Department memo reveals the agency is pushing major changes to a foreign exchange program that’s been exploited by unscrupulous labor brokers and criminals in the sex industry.The Jan. 18 …
New British Pound Scalp Setup Pending Break Below Channel Support
New British Pound Scalp Setup Pending Break Below Channel Support
Euro zone jobless hits highest level since birth of euro
Euro zone unemployment has risen to its highest level since before the euro was introduced, data showed on Tuesday, a day after EU leaders promised to focus on creating millions of new jobs to try to kickstart …
Euro zone banks may double emergency loans from ECB: report
Some of the euro zone’s biggest banks have told the Financial Times that they are preparing to tap the European Central Bank’s emergency funding scheme for up to twice as much as the ECB supplied in its …
January 30, 2012
A quick look at the EU fiscal compact
The leaders of 25 of the 27 European Union states on Monday agreed on a new treaty — known as the fiscal compact — designed to stop overspending in the 17 countries that use the euro as their currency. …
Classic Risk-Off Day as Japanese Yen, U.S. Dollar Outpace Higher Yielders
Classic Risk-Off Day as Japanese Yen, U.S. Dollar Outpace Higher Yielders