Forex Outlook for the Week Ending July 20th - July 18, 2012 23:44

Economic factor which could significantly affect the forex markets for the week ending July 20th, 2012 are as under: On Monday, July 16th, Italy reported its data on trade balance and general government debt while the euro zone region produced data on consumer price index and trade balance. In United States, data on retail sales, […]

Forex Markets Outlook for the Week Ending June 8th, 2012 - June 6, 2012 0:51

Major economic factors which could impact the forex markets and currency trading for the week ending June 8th, 2012, are as follows: On Monday, June 4th, data on Sentix investor confidence and producer price index was released in the euro zone. In United States, data on factory orders was published while Institute of Supply Management […]

US Dollar remains Under Pressure as Bernanke Suggest Additional Stimulus Measures - July 14, 2011 21:23

The US dollar declined versus its major counterparts on Wednesday as the US Federal Reserve Chairman Ben Bernanke supported the stance for additional stimulus measures in case of further deterioration in US economy. Bernanke while addressing the House Financial Services Committee commented, “The possibility remains that the recent weakness may prove more persistent than expected […]