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News

HSBC Predicts a Possible Shift in USD Model

In the past, the USD has been benefited by the global economic crisis, and the recent data around the world has been indicating gloomy times at present. This has been ‘risk off’ for the United States dollar and there has been a recorded increase in the dollar price. However, the … more

Euro Gets a Breather after European Deal Rally

After more than eight months of bear run, the euro seemed to find feet as it gained a little value after the recent European summit. However, it was not to be, as it lost a little ground again on Monday, July 2. Investors of the Eurozone were scouting for reasons … more

Euro Continues to Fall as Hopes of Summit Solution Fails

The European crisis is seemingly worsening as the Euro continued to fall against the United States’ Dollar. On June 25, it slipped almost to a two-week low. Investors had more grim news as they predicted that the fall will continue, even though a European Summit has been convened to find … more

MAC Users Get Access to Meta Trader 4 Through Vantage

Meta Trader is the preferred trading platform of forex traders across the globe. While this platform can be used on the Windows PCs and laptops, it was not compatible with Apple’s Macintosh operating system. But now, even MAC users will be able to access the latest Meta Trader Platform, version … more

Doubts about Spain Put Pressure on Forex Traders

If the Euro has not been under enough pressure recently, the growing doubts about the stability of the Spanish economy have added their bit to the mix. Europeans are wondering if the country is on its way for an IMF- EU bailout in spite of valiantly doing without it for … more

Dollar Denominated Pairs Stabilized in Forex Markets

Forex markets saw the stabilization of dollar denominated pairs. While the US dollar held most of the gains it had made in the past few days, other currencies like the AUD, GBP and Euro traded close to the lows they had hit recently.

Trading volumes were small as the holiday in … more

Euro Plunges Against Dollar Amidst Fears About Eurozone

During trading Friday, the euro plunged against the dollar to a new low in the past 23 months. Chinese data that was weaker than what was expected, brought down the confidence in a market that was already quite bearish, in the middle of fears that the debt crisis in the … more

German Support Fails to Shore up Euro

In spite of the uncertainty regarding Greece’s future position in the Eurozone, with fears of the country exiting the currency, the Euro still managed to hold fairly steady last week thanks to Germany.

The German economy showed a modest growth in the first quarter of this year, a very welcome silver … more

GBP/ EUR May Lose Ground Further in the Coming Week

Given the current happenings in the Eurozone, it appears that the Euro and GBP may be coming under further pressure this week.

Both these currencies have been floundering for a while now and in comparison the dollar is staying relatively steady as of now. As Greece’s plans for the immediate future … more

Euro Expected to Remain Subdued

Forex traders have some serious thinking to do about their positions if they have a stake in the Euro right now. This currency is currently not faring particularly well and analysts are of the opinion that this state of affairs is likely to extend for a while. Meanwhile the U.S. … more

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