Avatar Posted by feedmuncher 6 hours ago (http://www.actionforex.com)
Category: Fundamentals
Ahead of another heavy U.S. Treasury auction, with today the turn of the 30-year maturity, dealers have sold bonds ahead of time bowing to slightly more favorable economic data. Strong industrial production, retail sales and bank lending data emergi forex news :: view details »

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Avatar Posted by feedmuncher 6 hours ago (http://www.actionforex.com)
Category: Fundamentals
Canada's January merchandise trade balance came in better than expected rising to a surplus of $0.8 billion from an upwardly revised balance in December of $0.1 billion (originally reported as a small deficit of $0.2 billion). The improvement in Jan forex news :: view details »

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Avatar Posted by feedmuncher 6 hours ago (http://www.actionforex.com)
Category: Fundamentals
The number of Americans filing for unemployment benefits declined by 6K to 462K for the week ending March 6th. It was the second weekly drop in a row and can be a sign that the climb in weekly claims seen the past two months may be arresting. The ri forex news :: view details »

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Avatar Posted by feedmuncher 12 hours ago (http://www.actionforex.com)
Category: Fundamentals
Another quiet trading session yesterday in the States with no major economic reports released and no official statements on monetary policy communicated. The main report yesterday was the weekly Crude Oil inventories which came in below expectations forex news :: view details »

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Avatar Posted by feedmuncher 12 hours ago (http://www.actionforex.com)
Category: Fundamentals
A bit like the football team AC Milan - star performer in years gone by - NZDUSD took a good old beating last night. Although the RBNZ's decision to keep rates on hold at 2.5% was widely expected, the statement and subsequent commentary was altogeth forex news :: view details »

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Avatar Posted by feedmuncher 18 hours ago (http://www.actionforex.com)
Category: Fundamentals
The Reserve Bank of New Zealand decided today to keep interest rates at its low level of 2.50% for the seventh straight meeting. Allan Bollard the Governor of the RBNZ said the bank will maintain its policy till mid-2010, before deciding to raise in forex news :: view details »

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Avatar Posted by feedmuncher 18 hours ago (http://www.actionforex.com)
Category: Fundamentals
The CAD is trading at a two month high versus the USD and has made substantial gains versus European currencies. The outperformance of the CAD is attributed to recent Canadian economic data that points to a stronger than expected Canadian recovery. forex news :: view details »

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Avatar Posted by feedmuncher 18 hours ago (http://www.actionforex.com)
Category: Fundamentals
U.S. Dollar Trading (USD) had a mixed day of trading as strength in Europe was once again reversed in the US session with the notable exception of Gold. Crude Oil Inventories where at 1.6m and helped Oil to small gains. In US stocks, DJIA +3 points forex news :: view details »

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Avatar Posted by feedmuncher 18 hours ago (http://www.actionforex.com)
Category: Fundamentals
The final GDP for the fourth quarter showed growth decreasing more worst than expectations compared with the pre-reading during the capital spending weakness from the Japanese companies and the deflation risk which pressures on the second biggest ec forex news :: view details »

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Avatar Posted by feedmuncher 1 day 36 minutes ago (http://www.actionforex.com)
Category: Fundamentals
The USD is trading mixed with JPY pressured by BOJ ease speculation, GBP trades lower in reaction to report of weaker than expected UK industrial production, EUR edged higher supported by gains in cross to the JPY and GBP, EUR gains were limited by forex news :: view details »

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Avatar Posted by feedmuncher 1 day 36 minutes ago (http://www.actionforex.com)
Category: Fundamentals
USD traded in a narrow range gaining versus JPY and GBP, and drifting lower versus the EUR and commodity currencies. JPY was pressured by BOJ ease speculation. Reuters reports that the BOJ may ease monetary policy next week. GBP traded lower in reac forex news :: view details »

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Avatar Posted by feedmuncher 1 day 6 hours ago (http://www.actionforex.com)
Category: Fundamentals
Forex trade has been really slow this week, with the majors pairs failing at the first support or resistance that came their way. The only exception is the pound, which has moved approximately 300 pips this week. However, when compared to its histor forex news :: view details »

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