Forex rates compared year on year – how far have we come?

So here we are a year on and a little bit wiser on where the world economies lie and how they are coping. Some are coping better than others. Often forexgive a realistic view of where ...
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Forex News – 2nd November 2011

EUR The FX traders seem to be living the moment. Last week as a deal was struck to assist Greece EUR gained few big figures against USD and other currencies. Although implanting those ...
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Forex News – 1st November 2011

EUR EUR/USD punched down to a low of $1.3745 as traders started ‘waking up and smelling the coffee.’ Crucial referendum vote in Greece as according to recent polls, 60% ...
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Forex News – 31st October 2011

JPY Japan has finally took action and intervened in USDJPY on their own. The pair has gained close to +400 pips in merely two hours but the strongest gain was seen in GBPJPY where the ...
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Forex News – 28th October 2011

EUR EUR/USD has gained close to +300 pips in yesterday’s on renewed optimism in the euro-zone. China may also join leveraging the EFSF to 1 trillion euro’s but made an accouchement ...
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Forex News – 27th October 2011

EUR voluntary 50% haircut for Greek debt held by the private sector, EUR106 billion of bank recapitalization and a leveraged EFSF that should take the total close to EUR1 trillion bicycle-kicked ...
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Forex News – 26th October 2011

EUR A lot of excitement ahead of today’s EU Summit. Investors are not convinced of today’s summit’s outcome and pumped their funds into the yellow metal. Gold. Since ...
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Forex News – 25th October 2011

EUR Reported barrier at $1.4000 remains solid at the time of this writing. A break above $1.4000 may encourage further gains, targeting $1.4029 where 100DMA lies. A daily close above ...
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Forex News – 24th October 2011

EUR A strong rally in EUR may soon fade as we approach crucial EU summit this Wednesday. To recap, EUR/USD has rallied in the past 2 weeks over +500 pips as the market’s hopes rose ...
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Forex News – 12th October 2011

EUR EUR continued to dominate in yesterday’s session as investors continued to pump more funds into to EUR as Greece is likely to receive its next tranche to avoid a default. The ...
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