Forex Outlook for the Week Ending June 15th - June 13, 2012 14:47

Major economic factors which could significantly impact the forex markets and currencies trading for the week ending June 15th, 2012 are as under: On Monday, France reported its data on industrial production and manufacturing production in the euro zone. Italy also reported its official figures on gross domestic product. United Kingdom came up with data […]

Australian Dollar Plunges on Weaker Trade Data - May 9, 2012 23:52

The Australian dollar took a heavy beating on Tuesday and fell below $1.01 versus the greenback which also happens to its lowest since December. Investors squared off their positions on the Australian unit in reaction to weak Australian trade data and escalating worries over European debt. According to the latest report Australian trade deficit reached […]

Forex Trading Outlook for the Week Ending May 4th - May 1, 2012 23:52

Major economic events around the globe to affect the trading of the currencies for the week ending May 4th, 2012 are as under: On Monday, Germany reported its data on retail sales while Italy released its data on consumer price index. Spain published its official figure on gross domestic product while the euro zone region […]