Market News

Dollar Takes Back Losses As Market Reviews US Job Data

2014-11-10 21:46:14

The dollar regained lost ground against its peers today as investors assessed worse than forecast US job figures that were released on Friday which triggered the market to lock in profits. Friday's data revealed that even though employment growth was steady it was anticipated that more jobs would have been... more

Dollar Weakens On Worse Than Forecast Jobs Report

2014-11-10 01:19:06

The dollar weakened against most of its peers on Friday following poor jobs data for October which triggered a selloff in dollar profit taking. The US Department of Labor released figures which showed that there was an increase of 214,000 jobs in October just shy of forecasts of an increase... more

Forex Market Review - November 7, 2014

2014-11-07 12:28:51

The Euro is trading at 1.2398 at present. This is 9 pips off of the daily high at 1.2407. The low has been 1.2367. German Industrial Production was lower than expected and posted a 1.4% increase instead of the forecast 2.1% increase. The German Trade Balance beat expectations to register... more