Forex News

Forex TV section, containing a great many of news, analytical reports and interviews. Video materials of Forex TV cover the latest events, trends and many other aspects of Forex market. Watching it you will be on top of the latest news related to the currency rates movement and aware of impact they put on the currency pairs in future. Undoubtedly, Forex TV section will be [...]

The dollar has pulled back slightly versus its major rivals on Friday. There has been very little economic data released today, so the focus has remained on Thursday’s weaker than expected U.S. reports. Investors have also continued to watch the situations in Greece and Spain with great concern, after two of the major ratings agencies have chimed in. Fitch downgraded Greece’s long [...]

The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract’s current “front month.” Their direction tends to correlate with any ETFs listed for each. Today’s Highlight: Natural gas extended higher without any deeper correction. April 23’s UNG long from 14.75-14.95 is attacking its 20.00 target. That isn’t necessarily a [...]

All eyes are on Greece, which is heading toward national elections six weeks after the last vote. Many feel that a Greek euro exit would be a chance to cauterize a festering wound and move on. There are also those that feel that Greece could be the first of several dominoes to fall, much larger economies such as Spain, Italy, for example.   Meanwhile, Spain’s [...]

Economic activity in the Czech Republic is likely to remain flat this year after the post-crisis recovery stalled in the second half of 2011 due to a slowdown in exports, the International Monetary Fund said Friday. The Czech economy is forecast to expand just 0.1 percent this year, after an estimated 1.7 percent growth in 2011, the lender said after its Executive [...]

Lithuania’s unemployment rate increased sequentially in the first quarter, data released by the Department of Statistics showed Friday. The unemployment rate rose to 14.5 percent in the first quarter from 13.9 percent in the fourth quarter. In the first quarter of 2011, the unemployment rate was 17.2 percent. Long-term unemployment rate, which refers to persons unemployed for one year and [...]

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After rising for six consecutive months, the Conference Board’s leading economic index unexpectedly showed a modest decrease in the month of April. The Conference Board said Thursday its leading economic index edged down by 0.1 percent in April following a 0.3 percent increase in March. Economists had expected the index to inch up by 0.1 percent. Ken Goldstein, an economist [...]

The Spanish economy returned to recession in the first quarter of 2012, final results from the statistical office Ine confirmed Thursday. The gross domestic product fell 0.3 percent quarter-on-quarter in the first quarter as estimated in the preliminary report. This followed a similar rate of contraction in the fourth quarter of 2011, which was the first decline in activity since the final [...]

Singapore’s non-oil domestic exports (NODX) increased 8.3 percent year-on-year in April, recovering from a 4.3 percent decline in March, IE Singapore said Thursday. Expectations were for a 5.9 percent rise. The latest increase in exports was led by higher shipments of both electronic and non-electronic commodities, the trade promotion agency said. Electronic shipments grew 1 percent annually during the month, [...]

The Federal Reserve remains divided on the prospects for a third round of quantitative easing, according to the minutes of the most recent Federal Open Market Committee meeting. At the conclusion of its April 25 meeting, the Fed promised to keep interest rates low at least through late 2014, but offered no further accommodation in support of the sluggish economy. [...]