Author: bforex.com

The USD mirrored the broad marketplace in the States on Tuesday turning in a mixed performance. The USD traded in a stable manner against the EUR but continued to lose ground to the Sterling.

The EUR traded in a stable manner on Tuesday refusing to give up any of its gains made previously against the USD. Range trading was largely the result for the Single Currency in rather tentative markets.

The Sterling continued to outperform on Tuesday as it gained solidly against the USD. The CBI Realized Sales reading produced a report that far exceeded expectations yesterday with an outcome of 33, beating the forecast of 2...

The JPY lost ground to the USD on Tuesday as risk appetite showed signs of increasing within Asian bourses. The Asian economies continue to be the subject of intense discussions regarding their long term prospects particularly when...

The USD finished the week softer against the EUR and GBP. Although Wall Street continues to turn in tentative results the broad market place showed that enough risk appetite exists in order to create a strong debate...

The EUR showed that it had the ability to withstand the rumors that were cascading around the Bank Stress Test and finished the week within the higher realms of its recent range against the USD.

The Sterling finished the week within the stronger parts of its range against the USD. The GBP has had a very good run the past few weeks. The Sterling has gained a considerable amount of value on...

The JPY remains a critical lynchpin and signpost that not all is wine and roses in the broad markets. Investors continue to keep the JPY in the stronger reaches of its range against the USD in what...