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Rand Slides to This Year’s Low as CPI Below Expectations

The South African rand slumped against the US dollar today to the lowest level this year as slower-than-expected growth of consumer prices triggered [...] read more »
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Euro Tanks as Greece Exit Considered More Likely

Euro is tanking today, heading lower as speculation about a Greek exit of the eurozone increases. Indeed, some think that there is a real threat for [...] read more »
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Yen Gains as Bank of Japan Keeps Things Steady

Japanese yen is gaining today as the Bank of Japan keeps things steady. The BOJ announced no new easing measures, and that is helping the situation i[...] read more »
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Aussie Continues to Weaken in Forex Trading

The Aussie continues to weaken in forex trading on the currency market, bringing down the formerly preferred Down Under currency. Latest developments[...] read more »
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Wednesday Outlook 05-23-12

The SPX 500 sits about 9 points lower from Tuesday’s close on the S&P 500 (as of 7:55am ET). There was talk of an exit read more »
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Bank of Japan Inaction Helps Yen

The Bank of Japan decided against taking any more action to ease at this time, and that is helping the Japanese yen. Forex traders had been expecting[...] read more »
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Pound Drops After BoE Releases Minutes of Monetary Policy Meeting

The Great Britain pound dropped today, reaching the lowest level in a month against the US dollar and the lowest in two months versus the Japanese ye[...] read more »
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AUD/USD Reaches This Year’s Low

The Australian dollar continued its tumble today, reaching the lowest level this year against the US dollar, as adverse market sentiment and the inte[...] read more »
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Dollar Gains on Negative Risk Sentiment & Good US Fundamentals

The US dollar advanced today as fears that the crisis in Europe is worsening drove investors to safer currencies and the dollar in particular as the [...] read more »
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Binary AUD/USD on the Verge of Completing a Five Waves Model

The downside tendency in the binary AUD/USD continues to expand. Recently, it has been influenced by the market turbulence. The decreasing oil and go[...] read more »
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US Existing Homes Sales Advance, EUR/USD Sinks

EUR/USD was trading sideways till 11:30 GMT and than sharply fell. The decline continues as of now. read more »
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Euro Falls as Eurobond Debate Begins

Eurozone growth has been sluggish, verging on recession, and that is impacting the ability of member states to handle their sovereign debt. One of th[...] read more »
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SPX 500 - Tuesday 05-22-12

The SPX 500 sits about 4 points higher than Mondays close on the S&P 500 (as of 8:35am ET). Risk appears to be on for read more »
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US Dollar Preferred on Japan Downgrade

US dollar is higher across the board in currency trading on the FX market today. Greenback is getting a boost in forex trading as risk aversion sets [...] read more »
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Pound Falls as CPI & HPI Drop

The Great Britain pound fell against the US dollar today after reports showed that inflation slowed and house prices unexpectedly declined, adding in[...] read more »
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