US Morning Notes – USD higher, doubts about a Greek rescue plan

Here are the latest Financial News: FX Highlights The USD is trading higher to start the week supported by a spike in risk aversion on concern about the outlook for China’s economy and uncertainty about a Greek rescue plan, some EU finance ministers rule out aid for Greece at this time, USD is... Read the article »

Daily Forex Report – USD off lows, retail sales beat expectations

Here are the latest Financial News: USD: Lower, Yellen appointed to the Fed, retail sales post unexpected rise, consumer sentiment dips JPY: Lower, BOJ may double QE, threat of intervention EUR: Higher, Greek debt fears fade, talk of German/French Greek rescue package, industrial output surged GBP:... Read the article »

EU Morning Report – Fed President Evans says extended period means 3-4 policy meetings!

Here are the latest Financial News: Fed President Evans says extended period means 3-4 policy meetings! Yesterday was a light day in terms of financial data with no major economic reports released from the US. Overall the USD traded weaker, equity markets almost unchanged and commodities such as OIL... Read the article »

Daily Forex Report – USD JPY lower, nfp falls less than expected, stocks rise

Here are the latest Financial News: USD: Mixed, US February unemployment beats expectations, stocks rise JPY: Lower, BOJ ease speculation, improving risk sentiment, Japans Libor rate falls below the US EUR: Higher, Deutsche Bank downgraded, ECB extends some liquidity operations GBP: Higher, PPI at... Read the article »

Daily Forex Outlook – US Non Farm Payrolls Ahead

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th March (00:30GMT) U.S. Dollar Trading (USD) was strong even as stock markets remained positive as the EUR/USD slumped after the ECB announcement and USD/JPY rallied on increasing US Bond Yields. Weekly Jobless Claims improved to... Read the article »

Daily Forex Outlook – Greece Austerity Measures Help Euro

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 4th March (00:30GMT) U.S. Dollar Trading (USD) the market reacted well to the new Greece Austerity measures in Europe and the Euro led the majors higher against the greenback. Adding to the positive sentiment was the February ISM Services... Read the article »

Daily Forex Outlook – GOLD hits record high against EURO and GBP

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 3rd March (00:30GMT) U.S. Dollar Trading (USD) was softer across the board after downside action on the Euro and GBP abated and commodities rallied in the US session. Stock markets struggled to hold gains but the damage to the USD was... Read the article »

Daily Forex Outlook – Pound Skids to 10 Month Low

Here are the latest Financial News: Pound Skids to 10 Month Low CURRENCY TRADING SUMMARY – 2nd March (00:30GMT) U.S. Dollar Trading (USD) had a mixed day with strength against the Pound and Euro not being replicated against risk currencies such as CAD and AUD which tracked stock markets higher.... Read the article »

Daily Forex Report – USD lower, GDP revised higher, existing homes sale drop

Here are the latest Financial News: USD: Lower, pressured by a recovery in global equity markets, Q4 GDP revised up, existing home sales drop JPY: Higher, factory output expands and retail sales jump, Yuan revaluation speculation EUR: Higher, inflation falls, gains in cross to GBP, short covering GBP:... Read the article »

Daily Forex Report – USD higher, jobs claims rise, durable goods strong

Here are the latest Financial News: USD: Higher, concern about Greek debt troubles and weaker US jobs data fuels risk aversion JPY: Higher, supported by safe haven demand and gains in cross trade EUR: Lower, S & P may downgrade the Greek debt rating, Greek rescue may be at risk GBP: Lower, UK Q4... Read the article »