Special FX Report – Sustainable recovery or double dip?

Here are the latest Financial News: The Fed’s decision Wednesday to keep monetary policy steady and maintain the language in its policy statement that interest rates will remain low for an extended period was widely expected. The Fed’s decision to make no change in the extended period language... Read the article »

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 »

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 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 »