forex practice
High-Risk Currencies Slip on China News
February 4, 2012 by admin
In Asian trade, commodity-linked currencies fell on news that China’s non-manufacturing PMI slipped to 52.9 last month from December’s reading of 56.0 . Source:
Euro Bounces from Global PMIs
February 3, 2012 by admin
The Euro moved higher against the U.S. Dollar as risk appetite improved following a run of better than expected global PMI data. Source:
USD Dips on Yen as Euro Slips Hard
February 2, 2012 by admin
The U.S. Dollar continues to be under significant pressure following last week’s commitment by the Federal Reserve Bank to hold interest rates at their current ultra low level through 2014. Source:
Euro Gains Pinned to Greek Hopes
February 1, 2012 by admin
The Euro appears to be approaching a key test level as news that the Greek government is close to clinching a deal with its private bondholders helped to boost the common currency. Source:
Euro Retreats as Ecofin Summit Looms
January 31, 2012 by admin
After the strongest 1-week rally for the Euro in more than three months, the EUR eased back from a 6-week peak against the USD. Source:
Exporters’ Buying Pushes Yen Higher
January 28, 2012 by admin
The Japanese Yen edged higher after a buying spree from exporters, but the rough patch may not be over. Source:
US Dollar and the Fed Announcement
January 27, 2012 by admin
Yesterday’s Fed announcement showed a more dovish sentiment than expected. See what this means for USD. Source:
Yen Hits 1 Month Low on Trade News
January 26, 2012 by admin
The Japanese Yen just hit a one month low after Japan recorded a trade deficit. How will this affect your trading? Source:
Euro Retreats from 3-Week High
January 25, 2012 by admin
The Euro retreated yesterday from a 3 week peak. See how this will affect your Forex trading this week. Source:
Euro Cools But Could Gain More Momentum
January 21, 2012 by admin
The Euro had earlier continued to grind higher against the U.S. Dollar, but is now taking a breather in Asian trading while hovering close to a 2-week high. Source: