Is the ECB Ready for Another Rate Cut?
The ECB has only cut rates reluctantly in recent years, and we may be nearing another one of those times when the bank decides that it's time to cut rates in an effort to stimulate the economy.read...
View ArticleEuro Sees Struggle Ahead
Euro is heading higher against its major counterparts today, gaining ground. However, that doesn't mean that the eurozone is out of the woods. In fact, some leaders think that the crisis still holds...
View ArticleUS Dollar Falls Back after Gaining Earlier
US dollar is falling back today, following earlier gains. The greenback is lower in currency trading against the euro, although it retains its edge against the pound and the loonie.read more...
View ArticleSterling Gets Boost, But It Probably Won't Last
Sterling is a little bit higher today in forex trading on the currency market. However, the strength is likely temporary, and there is a good chance that pound weakness is on the way.read more...
View ArticleEuro Weakness Continues in Forex Trading
Euro weakness is continuing in forex trading, thanks to the latest economic data and the latest Italian bond auction. With so much uncertainty, the near-term euro forex trading forecast is all about...
View ArticleEuro Recovers Some of Its Earlier Losses
Euro is recovering some of its earlier losses, heading higher against the US dollar right now, even though it remains down against the Japanese yen.read more...
View ArticleJapanese Yen Heads Higher in Forex Trading
Japanese yen is heading higher in forex trading on the currency market right now, gaining ground as recent comments about inflation lead to the hope that maybe the Bank of Japan won't be so aggressive...
View ArticleJapanese Yen Mixed in Currency Trading
Japanese yen is mixed in currency trading on the FX market today, heading higher against the US dollar, but down against the euro.read more...
View ArticleEuro Maintains Its Strength in Forex Trading
Euro is managing to maintain its strength in forex trading today, even though gold prices are struggling and other commodities are facing difficulties.read more...
View ArticleUS Dollar Index Moves Higher
The US dollar index is moving higher today, gaining as global attempts at stimulus weaken other currencies and strengthen the US dollar.read more...
View ArticleEuro Struggles Continue in Forex Trading
Euro is struggling today, thanks in large part to the fact that Germany and the European Central Bank can't seem to agree on what to do next.read more...
View ArticleUK Pound Gains on Improved Economic Outlook
UK pound is gaining ground today, heading higher on an improved economic outlook. read more...
View ArticleUS Dollar Index Gains Ground, Weighs on Gold Prices
US dollar may be struggling a bit against some of its high beta counterparts, like the pound and the Aussie, but the dollar index overall is higher today. read more...
View ArticleAussie Drops in Forex Trading
Aussie is down in forex trading on the currency market today, falling as concerns about what's next for the Australian economy weigh.read more...
View ArticleEuro Gains on ECB Rate Decision
Euro is gaining today, heading higher on the latest ECB rate decision.read more...
View ArticlePound Heads Higher after BOE Decision
Sterling is gaining against the US dollar in currency trading on the FX market today, thanks to the latest Bank of England policy decision.read more...
View ArticleUS Dollar Lower as European Currencies Gain
US dollar is lower against its European counterparts today, dropping as concerns about the US economy weigh on the greenback.read more...
View ArticlePound Gains Ground on Possibility of an End to QE
UK pound is heading higher today, gaining ground as many see that the end might be in sight for the Bank of England's asset purchase program. read more...
View ArticleUS Dollar Loses Ground in Forex Trading
US dollar is losing ground today in forex trading on the currency market as speculation that the asset purchase program will remain in place continues.read more...
View ArticleEurozone Leaders Express Reluctance to Change Cyprus Bailout Deal
GFT Forex BlogEuro is lower in forex trading today, losing a little ground as the sovereign debt crisis rears its head again.read more...
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