Forex Trading Outlook for the Week Ending May 11th, 2012 - May 8, 2012 23:58

Major factors and events that have a significant impact on the trading of the forex markets for the week ending May 11th, 2012 are as under: On Monday, May 7th, 2012, euro zone reported its Sentix Investor Confidence while in Germany data on factory orders was published. In United States, data on consumer credit was […]

The Single Currency Fell on Tuesday as Slovak Parliament Rejected the Proposal for Bailout Fund - October 12, 2011 21:05

The single currency declined by the end of US session on Tuesday after a volatile day. Investors were uncertain for the euro after the Slovak parliament rejected the plan for extension of bailout funds of 440 billion euro equivalent to $600 billion. The rejection of the bailout program came in reaction to a no confidence […]

Weekly Outlook for Forex - October 11, 2011 23:24

Major economic events that have significant affect on Forex markets for the week ending October 14th, 2011 are as follows: On Monday, October 10th, debt markets in Untied States remained closed in observance of the Columbus Day while stock markets remained opened as usual. Markets in Canada also remained closed due to Thanksgiving holiday. In […]

Weekly Outlook for Forex - September 27, 2011 23:56

List of major events that have significant affect on Forex market for the week ending September 30th, 2011 are as follows:- Yesterday on Monday, Ifo Institute of Economic Research released its report on German business sentiment in euro zone. New Zealand reported its data on its trade balance while in United States, official data on […]

Forex Outlook for the Week Ending September 23rd, 2011 - September 21, 2011 18:56

Major events that have significant affect on Forex trading for the week ending September 23rd, 2011, are as follows:- On Monday September 19th, 2011, industry data on house price inflation was published in United Kingdom. Moreover, Bank of England published its quarterly bulletin. In Japan, markets remained closed in observance of a national holiday on […]

Forex Weekly Outlook - September 6, 2011 23:32

Major economic events that could have significant impact on forex trading and currency markets for the week ending September 9th, 2011 are as follows:- Yesterday on Monday, markets in United States remained closed in observance of Labor Day while euro zone reported its official data on retail sales along with data on investor confidence. Today […]

Weekly Outlook for Forex - August 23, 2011 23:59

Major events that have significant impact on forex market for the week ending August 26th, 2011 are as follows:- On Monday, official data on mortgage delinquencies was reported in United States. Today on Tuesday, Switzerland reported trade balance while in United Kingdom data on mortgage approvals and inflation expectations was published. In euro zone initial […]

Weekly Outlook for Euro - August 23, 2011 23:54

List of major events to affect the trading of euro against the US dollar for the week ended August 26th are as follows:- On Monday, August 22nd, 2011, United States reported its official data on mortgage delinquencies. Today on Tuesday, euro zone released its initial data on manufacturing and services sector activities. France and Germany […]

The US Dollar Declines on Tuesday on Remarks of Bernanke - June 8, 2011 14:08

The dollar remained under pressure on Tuesday after the public address of Federal Reserve’s Chairman Ben Bernanke. The dollar index DXY which measures the US dollar’s performance against its six major rival currencies declined to 73.528 on Tuesday as compared to 73.981 on Monday’s North American trading session. Bernanke admitted that the economy is sluggish […]