Forex currency trading

After a plunge in risk appetite on Tuesday when many investors baulked at stocks, favoring the safety of the dollar and even treasury notes at record lows. A fresh look midweek at affairs has investor optimism on the rebound with the dollar under a little pressure as all eyes turn to speeches...

According to analysts at Aberdeen Asset Management, investors need to be looking at Asian bonds and currencies going forward. Researchers at the asset manager pointed to the fact that as the global equity markets have fallen, both bonds issued by Asian countries and their underlying currencies have...

As the day has advanced, the Yen has given back some of its earlier gains with the USDYEN now posting 92.20 after falling as low as 91.86 whilst the EURYEN has bounced back 55 pips to its present 132.25. Whether these developments are just retracements or full blown reversals still remains to be...

The EURUSD continued its fall by dropping over 100 pips today to its current value of 1.4705. The Euro is suffering after a credit downgrade for Greece has severely reduced the possibilities that the Euro-zone will raise its interest rates in the near future. Greece is not the only country in...

After diverging on Friday following the NFP release, the USD and YEN are back in correlation with both making advances against other major currencies against a background of easing equities. These effects were mostly due to Ben Bernanke making statements today indicating that the Central Bank was...

After the European Central Council appropriately left its interest rate unchanged at 1%, the markets reaction has been indecisive resulting in the EURUSD oscillating between 1.5065 and 1.5095 over the last few hours. Attention should now begin to center on tomorrow’s major risk events when the US...

The release of the Fed Beige Book this afternoon showed a slight US economic improvement during November as a result of increasing consumer spending and auto sales. However, businesses are still under pressure due to deteriorating conditions within the commercial retail estate sector. The USD...

Despite all the recent drama, the Forex market has been relatively quiet today with many of the major currencies just trading a tight range. Default fears about the Dubai World debt seem to have almost totally receded. There are major Forex event risks tomorrow with declines expected for both the...