ForexMarket Info

Forex News and Commentary

• EUR Resilience, US Jobless Claims February 23, 2012
  We can tell by the price action of the EUR/USD that investors are either scared of being overly short euros or genuinely optimistic […]
• FX: Where Is The Action? February 22, 2012
  Over the past 24 hours, there has been very little action or volatility in the EUR/USD. […]
• USD/JPY Powers Higher but Beware of the Rally February 22, 2012
  It has been a busy morning in the foreign exchange market for traders focused on anything but the euro. EUR/USD has been stuck in an extremely tight 50 pip trading range […]
• Greek Deal Fails to Help Euro February 21, 2012
  With no major U.S. economic data on the calendar today, it has been a quiet North American trading session. The euro consolidated for most of the day, taking its cue from equities, which oscillated in and out of negative territory. Greece secured a second round of […]
• Why is EUR Lower if Europe Agreed to New Bailout for Greece? February 21, 2012
  For the past few weeks, investors around the world have been sitting at the edge of their seats waiting for a Greek debt deal. Now that Greece has finally secured a second round of financing from the Eurozone, the apathetic reaction in the euro may […]
• China RRR Cut Positive for Currencies February 19, 2012
  It is already shaping up to be an interesting trading week. Over the weekend, the People's Bank of China announced another 50bp cut to their reserve requirement ratio, driving currencies sharply higher. In early Asia, the New Zealand dollar rose to its highest level in 5 months while th […]