Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
To paraphrase Churchill, the easing of Fed policy seems to have reached the end of the beginning. Zero central bank interest rates, popularly known by the acronym ZIRP, are virtually in place now. Policy from here will be measured by quantitative cr forex news :: view details »

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Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
The dollar continues to be pressured following the Fed’s momentous rate cut yesterday. The EurUsd soared an additional 380 pips to the high 1.43 price area, while the UsdJpy sunk 150pips to the mid range of 87. The GbpUsd slid 100pips through 1.55 t forex news :: view details »

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Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
The current account deficit decreased to $174.1 billion during the third quarter from a downwardly revised $180.9 billion in the second quarter, the Commerce Department said Wednesday, as the increase in exports outstripped the gain in imports. forex news :: view details »

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Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
According to Statistics Canada, wholesale sales in current dollars fell 1.8% to $45.3 billion in current dollars in October, following a 1.1% increase in September. Declines in the recycled metals industry and the automotive sector were the main con forex news :: view details »

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Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
What a day we had yesterday, with Euro bulls clearly back in control after the FED meeting, which saw the pair advancing more than 400 points and printing yet another multi-week high at 1.4150. In a surprise move yesterday, the FED showed its true a forex news :: view details »

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Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
The Fed went all the way yesterday night with the Federal Open Market Committee (FOMC) deciding to lower the fed funds rate from 1.00% to between 0% and 0.25%. The Fed's decision to target a range for the fed funds rate probably reflects difficultie forex news :: view details »

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Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
The feds have done it and the huge impact of their unprecedented step still echoes in markets as markets follow the lead of U.S stocks yesterday and the rally extend into Asia today with the new record low 'TARGET RANGE' the Federal Open Market Comm forex news :: view details »

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Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
The US dollar fell to a 2 month low against the Euro following the Federal Reserve’s decision to cut interest rates by 75bp to 0.25 percent. The greenback is now the lowest yielding G10 currency and for that reason, we should see foreign selling of forex news :: view details »

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Avatar Posted by feedmuncher 22 days ago (http://www.actionforex.com)
Category: Fundamentals
The dollar fell against its rivals on Tuesday following the Fed interest-rate cut to a historic low, while stocks and bonds rallied. The FOMC decided 'to establish a target range for the federal funds rate of 0 to 1/4 percent.' The committee will, i forex news :: view details »

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Avatar Posted by feedmuncher 23 days ago (http://www.actionforex.com)
Category: Fundamentals
The U.S. FOMC (unanimously) decided to reduce the fed funds rate by 75-100bp, taking it to its lowest level on record at a target of 0.00-0.25%. The Fed will no longer pursue a specific point target for the fed funds rate, but instead will target a forex news :: view details »

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Avatar Posted by feedmuncher 23 days ago (http://www.actionforex.com)
Category: Fundamentals
Housing starts fell to just a 625K unit pace, another new all-time low, as builders continued to cut back in the face of tighter credit and a weaker economy. Building permits continued to fall as well, down more than 100K units to just a 616K annual forex news :: view details »

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Avatar Posted by feedmuncher 23 days ago (http://www.actionforex.com)
Category: Fundamentals
The EURUSD rally squeezed even higher yesterday, and is now challenging key big picture resistance (see that chart section below). Interestingly, the USD is weaker elsewhere, but much of this move has been about EUR strength, as EUR has also charged forex news :: view details »

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