Afternoon Forex Overview

The euro fluctuated in European trading hours Wednesday as traders responded to headlines on Greece, but the market's overall direction remained unclear, leaving U.S. data, due later, as still the biggest events of the day.

Early market patterns left traders frustrated. First, the euro swooned on German press reports that Germany

Source: ActionForexall Rss Feed

Morning Forex Overview

Uncertainty over the European Union's ability to manage Greece's debt problems, along with a slide in oil prices that tempered euro-zone interest rate hike speculation, sent the common currency to a six-week low against the yen in Asia Tuesday.

Euro Comes Under Intense Pressure; Synopsis and Overview of Price Action

The market have taken quite a turn over the past 24 hours and with the help of a friend, we attempt to offer an overview and some perspective on where things could be headed from here...

Afternoon Forex Overview

The euro fell across the board Thursday after European Central Bank President Jean-Claude Trichet hinted that a rate rise in the euro zone at the bank's next meeting was unlikely, disappointing investors hoping for a hawkish tone.

The single currency shed 0.7% against the dollar, trading as low as USD1.4717, the

Morning Forex Overview

The dollar found some respite in holiday-thinned Asia trade Friday, with the euro and many regional currencies pausing in their upward march, but the Chinese yuan popped to another record high. Currencies that have ridden a wave of risk appetite and dollar-phobia in recent days, such as those of Australia,

Afternoon Forex Overview

The U.S. currency was pushed down further after economic indicators pointed to a dismal employment picture and slowing economic growth.

First-time claims for unemployment benefits jumped by 25,000 to 429,000, indicating employers might have recently slowed their hiring recently. Economists were expecting claims to fall to 395,000.