forex rates

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Forex Review – Dollar climbs higher versus yen; euro extends fall on Spain debt

Posted on March 2, 2012 8:55 pm GMT

The euro is down almost 2 percent against the dollar this week, its worst performance since the middle of December. After reaching a two-and-a-half-month high earlier in the week following a cash injection by the European Central Bank, through a […]

Forex News: Sterling drops to a 2 and a half month low

Posted on June 23, 2011 1:37 am GMT

The British currency dropped to a 2 and a half month low in today’s Asian session, falling to a low of 1.6025as the Bank of England hinted towards a chance of further stimulus, where as the US Federal Reserve has […]

Forex Europe News – Euro gains boost as Greece is potentially set for a 2nd bailout plan

Posted on June 17, 2011 1:11 pm GMT

The European session saw the Euro rally over 140 pips, from a session open of 1.4139 to peak at 1.4288. The single currency moved in a one way motion throughout the session as it made a failure swing and formed […]

Forex Trading News – UK retail Sales boost Sterling’s gains

Posted on May 19, 2011 1:01 pm GMT

The Euro this session has been trading around its 55-day average of around 1.4260, a point at which it appears to have struggled to break past and which has seen the Euro make a double bottom around the 1.4205 levels […]

Forex Trading – Dovish Bank of England minutes force Sterling to 6 week low

Posted on May 18, 2011 1:02 pm GMT

Today’s European session see’s the Euro experience some very choppy trading. The EURUSD pair opened up the session at 1.4264 and moved in a downward trend, dropping some 25+ pips as it moved with an oscillatory range of over 20 […]

Forex Trading News – Restructuring of Greek debt comments see EURUSD drop

Posted on May 17, 2011 1:02 pm GMT

The Euro has traded with some volatility throughout the European session, ranging almost by 90 pips, from an early session low of 1.4134 to a high of 1.4223. A lower than expected ZEW survey index, both in Europe and Germany […]

Forex Trading News – Euro gains in Asian session, but speculators see the move as temporary

Posted on May 9, 2011 5:05 am GMT

This week’s first session, sees the Euro trading with some optimism as the single currency appears to have found some support around the 1.4340’s as it bounced up to a session high of 1.4405. Market participants however expect that the […]

Forex: Euro gains against Sterling to reach new 5-month high

Posted on April 11, 2011 10:59 am GMT

Euro gained against the Sterling in this morning’s trading session hitting a new high since October 2010. EURGBP hit 0.8858. Since the European Central Bank rose interest rates on Friday by 25 basis points for the first time since July […]

Forex Daily Market Review – Asia Session – EUR hits an 11-month high against the JPY

Posted on April 11, 2011 5:56 am GMT

USD fell against a basket of currencies, weighed by positive signs for investor risk-taking, and remained stuck near last week’s 16-month low against a basket of major currencies.
USD/JPY currently trades at 84.71, after good selling was seen earlier around 85.00 […]

Forex: Canadian unemployment rate down as expected, despite decline in job numbers

Posted on April 8, 2011 12:46 pm GMT

The Canadian jobs report was released today indicating with disappointing numbers. The unemployment rate dropped as expected by 0.1% from the prior month to come out at 7.7%. However, the net employment change reported a negative 1,500 jobs, indicating […]