Forex Outlook for the Week Ending August 24th - August 24, 2012 14:48

Major economic events which could significantly affect the forex markets for the week ending August 24th, 2012 are as under: On Monday, August 20th, euro zone reported its data on construction output while in United States, Chicago Federal Reserve, reported its Nat Activity index. In United Kingdom, data on house prices was released. On Tuesday, […]

Weekly Outlook for Forex - July 5, 2011 23:29

Important economic events which could have significant affect on the trading of different currencies for the week ending July 8th, 2011 are as follows:- On Monday markets in United States remained closed due to observance of the US Independence Day. In Australia data on building approvals, retail sales and change in numbers of jobs advertised […]

Bernanke maintains $600Bn still required - December 15, 2010 18:10

The federal reserve are adamant , that despite recent economic indicators pointing towards a strengthening US economy, the stimulus package designed to keep the recovery underway is still necessary moving forward into 2011. Policy makers have indicated that recent signs of economic strength will not deter them from pumping more money into the financial system […]

FX Market Update 27th October 2010 - October 27, 2010 17:17

Sterling has continued to outperform most of its rivals in trading today, the notable exception is the USD, which now appears to be gaining some form of momentum for a reversal on cable and the EUR/USD pair. This can be attributed to today’s durable goods orders in the world’s largest economy jumping 3.3% in September […]