Market News

Forex Market Review - October 31, 2014

2014-10-31 12:11:18

The Euro is currently trading at 1.2565. The low has been 1.2540 while the high has been 1.2616. There has been an assortment of European data out this morning. The most recent was the European Unemployment Rate which met expectations to remain at 11.5%. CPI Flash Estimate was as expected... more

Dollar Gains Ground On Strong US Growth Data

2014-10-30 20:47:28

The dollar strengthened against most of its peers today following the release of US GDP figures which were better than forecasts and with the Fed ending its bond buying program adding to market consensus that it will increase rates in 2015. 3rd quarter GDP increased at an annual rate of... more

Forex Market Review - October 30, 2014

2014-10-30 12:37:19

The Euro is trading at 1.2589 at present. The low has been 1.2554 while the high has been 1.2639. The US Dollar has gained ground since the Fed announcement on Rates and news of their ending QE stimulus yesterday. The US economy is on a continued sustainable growth path and... more

Dollar Surges After Fed's Statement

2014-10-29 22:29:22

The dollar rallied strengthening against most of its peers today following the long awaited statement from the Federal Reserve which left interest rates unchanged, announcing that it was ending its monthly bond buying program due to the growing labor market. As the market was anticipating the Fed's statement the dollar... more