News

15 Jul 2014

Euro down on ZEW Economic Sentiment Index


EUR USD – Euro down on ZEW Economic Sentiment Index
The ZEW Economic Sentiment Index came short of its monthly goal with a couple of points which caused the euro to suffer a sharp drop at 10.00am GMT. ...

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14 Jul 2014

Dollar finds support in the upcoming Fed Chair Yellen's congressional testimony


AUD/USD: Dollar finds support in the upcoming Fed Chair Yellen’s congressional testimony
US Dollar is supported this week by Federal Reserve Chair Janet Yellen’s congressional testimony later in the week, with investors waiting for clues on the outlook for U.S. ...

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14 Jul 2014

Busy week ahead for Canadian Dollar


USD/CAD: Busy week ahead for Canadian Dollar
The Canadian dollar weakened to a more than two-week low against the greenback late last week after data showed the country's economy unexpectedly lost jobs last month, solidifying expectations the Bank of Canada will keep rates unchanged. ...

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09 Jul 2014

Dollar consolidates before Fed Jun meeting minutes


AUD/USD: Dollar consolidates before Fed Jun meeting minutes
Dollar consolidates before the Federal Reserve releases minutes of its June meeting today. ...

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09 Jul 2014

Canadian housing starts rose in June


USD/CAD: Canadian housing starts rose in June
The Canadian dollar strengthened modestly against the greenback today, though the currency was expected to hew to a narrow rage with investors turning their attention to the domestic employment report at the end of the week. ...

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08 Jul 2014

German trade balance with 18.8B plus in May


EUR USD – German trade balance with 18.8B plus in May
Euro trading stronger across the board in the passed hour, as the German trade balance figures for May released this morning, proved better than expected showing a surplus of 18.8 billion euro. ...

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