EU Morning Report – Markets consolidate with jobless claims in the spot light!

Here are the latest Financial News: Markets consolidate with jobless claims in the spot light! The Dollar was mixed once again ending slightly stronger against risk currencies as US equities failed to hold onto intraday gains. Weekly Crude Oil Inventories fell -0.8m vs. -3m previously. The DJIA closed... Read the article »

Daily Forex Outlook – US Jobs Grow at Fastest rate in 3 Years

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th April (00:30GMT) U.S. Dollar Trading (USD) was broadly stronger in thin trading after the March Jobs report showed +162k new jobs and solid revisions in February and January. The March Unemployment Rate was steady at 9.7%. USD/JPY... Read the article »

Daily Forex Outlook – Non Farm Payrolls in Holiday Market

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 2nd April (00:30GMT) U.S. Dollar Trading (USD) continued to find sellers as the market sold the safe haven currency in favor of riskier investments. Economic data is steadily improving with weekly jobless claims falling to 439k vs.... 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 – 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 Outlook – Gold Breaks Above $1100

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 16th February (00:30GMT) U.S. Dollar Trading (USD) was little changed in a quiet day of trading keeping to tight ranges against most currencies. US was on Holiday for President’s Day and China was also away for the New Year celebrations.... Read the article »

Weekly Outlook – Greece Issues Still Linger

Here are the latest Financial News: Last week’s currency trading review The Dollar gained strength from two sources through the week. Euro weakness kept the dollar well supported as the biggest currency pair in market reacted to ongoing Greece fears and China raised bank reserve ratios. The other... Read the article »