Weekly Outlook for Forex Markets - March 20, 2012 23:52

Major economic events to affect the forex markets for the week ending March 23rd, 2012 are as follows: On Monday, March 19th, 2012, data on Italian industrial sales and orders was published while euro zone reported data on its current account and construction output. In United States, NAHB housing market index was released while US [...]

Economic Events to Affect the Forex Markets - March 13, 2012 21:45

Major economic events that have a significant impact on forex markets for the week ending March 16th, 2012 are as under: On Monday, March 12th, 2012, Germany’s wholesale price index was reported in the euro zone while Italy reported its data on gross domestic product. In United States, monthly budget statement was published. United Kingdom [...]

Forex-Weekly Outlook - March 6, 2012 23:09

Major economic events which have significant impact on forex markets for the week ending March 9th, 2012 are as under: On Monday, data on French and Italian purchasing managers Index was published in the euro zone while single currency region published its separate data on purchasing managers index for services sector. The euro zone also [...]

Economic Events to Affect the Forex Markets - February 28, 2012 23:31

Major economic events to affect the forex markets for the week ending March 2nd, 2012 are as follows: On Monday, euro zone reported data on producer prices in France along with data on Italian business confidence. Data on M3 money supply was also published in euro zone. In United States, data on pending home sales [...]

US Dollar Reaches its Highest in Seven Months Vs. the Japanese Yen - February 23, 2012 21:57

The greenback gained versus its major rivals on Wednesday while reached its record high in seven months against the Japanese yen. The single currency also declined in reaction to weaker than expected euro zone economic data. The greenback jumped to 80.24 against the Japanese yen on Wednesday as compared to 79.73 on Tuesday’s late trading [...]

Weekly Outlook for Forex Markets - February 21, 2012 23:20

Major economic events to affect the forex markets for the week ending February 24th, 2012 are as under: On Monday, Japan reported its data on country’s balance along with data on coincident index and leading index. Markets in United States remained closed in observance of the President’s Day. In United Kingdom data on house prices [...]

Euro Gains as European Partners Decide to Finalize the Bailout Package for Greece by Next Week - February 17, 2012 22:18

The euro gained on Friday in reaction to the news that Greece’s European partners will finalize a deal for the second bailout package by the next week. Director of currency research, Boris Schlossberg from GFT commented, “The euro rose as markets became convinced that the ongoing negotiations for the Greek bailout will finally conclude next [...]