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Latest Blog Posts for Forex Trading Market

  • Dollar Surges After Yellen Turns Hawkish
    on Aug 29, 2016 in Forex News
    The dollar dropped initially after Federal Reserve Chair Janet Yellen made some hawkish comments during her speech late this morning, but quickly reversed and has turned sharply higher. Yellen stated that the case for another interest-rate hike has s...
  • Dollar Recovering Some Ground Following Weak Reports
    on Aug 15, 2016 in Forex News
    The dollar dropped against all of its major rivals Friday morning, following the release of several weaker than expected economic reports. The U.S. currency has pared its losses over the course of the trading day and is now turning in a mixed perform...
  • U.S. Dollar Slides Against Majors
    on Aug 10, 2016 in Forex News
    The U.S. dollar weakened against the other major currencies in the Asian session on Wednesday, as weak U.S. business productivity data in the second quarter raised speculation that the Federal Reserve would be slow to raise interest rates. The Labor...
  • Canadian Dollar Spikes Up As BoC Retains Benchmark Interest Rate
    on May 25, 2016 in Forex News
    The Canadian dollar advanced against its major rivals in early New York deals on Wednesday, after the Bank of Canada kept benchmark interest rate unchanged, as inflation remains roughly in line with the Bank’s expectations. The BoC maintained i...
  • U.S. Dollar Extends Rally
    on May 19, 2016 in Forex News
    The U.S. dollar extended overnight rally against its key counterparts in pre-European trading on Thursday, as minutes from the Federal Reserve’s April meeting showed an optimistic outlook about the U.S. economy and hinted at the possibility of...
  • Dollar Extending Weakness Against Japanese Yen
    on Apr 8, 2016 in Forex News
    The dollar is up against its major European rivals Thursday afternoon, but is continuing to lose ground against the Japanese Yen. The U.S. currency is gaining ground against its European rivals after the minutes from the most recent ECB meeting sugge...
  • Dollar Mixed After Economic Reports Paint A Mixed Picture
    on Apr 3, 2016 in Forex News
    The dollar is turning in a mixed performance against its major rivals Friday afternoon. The U.S. currency is rising against the British pound, falling against the Japanese Yen and nearly flat in comparison to the Euro. Investors were left to process...
  • Yen Rises Against Majors
    on Mar 8, 2016 in Forex News
    The Japanese yen strengthened against the other major currencies in the Asian session on Tuesday. The yen rose to 1-week highs of 112.75 against the U.S. dollar and 113.35 against the Swiss franc, from yesterday’s closing quotes of 113.43 and 1...
  • Dollar Mostly Lower After Data Disappoints
    on Jan 16, 2016 in Forex News
    The dollar is losing ground against the Euro and the Japanese Yen Friday afternoon, but is up against the British pound. Investors were inundated with U.S. economic data this morning, after a trading week that had been extremely light on data. Once t...
  • Pound Falls Against Majors
    on Dec 2, 2015 in Forex News
    The British pound weakened against the other major currencies in the early European session on Wednesday. The pound fell to a 1-week low of 0.7057 against the euro and a 5-day low of 1.5435 against the Swiss franc, from early highs of 0.7040 and 1.54...
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