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EUR/USD Positions Little Changed in Chicago; Far from Extreme forex news :: view details »

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210,74. GBP JPY is in an downtrend directed by 4H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. There is an horizontal range between 109,60 and 212,20. Support and resistance are given by Bollinger bands forex news :: view details »

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Ambac Ratings Cut to AA from AAA by Fitch forex news :: view details »

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Forex trading with the sterlingThe U.K. pound is down in currency trading on the FX market after days of gains overall. U.K. retail sales data prompted the decline in forex trading with the sterling. Economic data coming out of Britain continues to forex news :: view details »

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Currency trading with the greenbackThe U.S. dollar is showing some signs of life in forex trading on the European currency market. The AP reports that the U.S. dollar is mostly higher on the FX market this morning:

The euro traded at $1.4 forex news :: view details »

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The preliminary reading of the University of Michigan's January consumer confidence survey unexpectedly improved. Economists had expected the pessimistic turn over the holiday season to carry overall sentiment to a new two-year low of 74.5. Instead, forex news :: view details »

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Canadian manufacturing sales rose 1.1% in nominal terms in November, more than double market expectations for a 0.5% increase. Sales in October were revised slightly lower and posted no increase from September compared to the 0.1% rise reported earl forex news :: view details »

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The preliminary estimate of consumer sentiment in January, based on the University of Michigan survey, surprisingly moved higher despite all the talk of recession emanating from weakening employment, falling equity markets and still-high energy pric forex news :: view details »

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JAN 22 CAD Retail Sales (MoM) (NOV) (13:30 GMT; 08:30 EST) Bank of Canada Rate Decision (14:00 GMT; 09:00 EST) Expected: 0.3% Expected: 25bp Cut to 4.00%... forex news :: view details »

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Commentary: As mentioned every day this week, and we must respect the bearish potential, which is great because the decline fom 114.65 could be the beginning... forex news :: view details »

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