New Zealand is so far east that they've already started their Thursday well ahead of the close of the New York. The RBNZ decided not to decide on anything new and kept rates at 2.50% as expected. They also left the rhetoric regarding the timing of t forex news :: view details »

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Bond traders are in no mood to be the last one out of the exit today. Friday's U.S. employment report provided enough reason to start lightening the safe-haven payload of government debt, while the support from French President Sarkozy for the gover forex news :: view details »

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Sterling rises on better than expected service’s PMI and a recovery in sight forex news :: view details »

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Crude Oil steady as U.S inventories come out higher than expected forex news :: view details »

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Markets were quiet until Europe woke up, where we saw a steady unwind of risk. The EURUSD traded down to 1.3490 from 1.3560, while the GBPUSD fell to 1.4860 from 1.4960. While in the mid-term we are short risk right now these pairs are well oversold forex news :: view details »

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There will be something of a lull in US trends in the very short term with markets awaiting further economic data later this week. The main focus is likely to be on the Euro-zone economy and Euro in the near term. Positive news will push the Euro hi forex news :: view details »

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The dollar gained against the major currencies forex news :: view details »

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ISM Non-Manufacturing better than expected at 53 (highest since October 2007) and the Fed's Beige book showed improvement in 9 out of 12 districts, despite adverse weather conditions. VIX edging lower, CDS prices stable-to-downtrending and credit sp forex news :: view details »

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Yesterday, EUR/USD trading was still driven by technical considerations. None of the news features (Greece, eco data or even the stock market performance) was able to provide a straightforward guide. USD/JPY dropped temporary below the key 88.55 are forex news :: view details »

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After struggling for most of 2009, the Canadian economy came roaring back at the end of the year with fourth-quarter growth rising an annualized 5.0%. Going into the report, expectations had been for growth to rise sharply although to a more moderat forex news :: view details »

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Gold may slide as investors eye dollar gains against the euro... forex news :: view details »

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