Author: bforex.com

Monday proved to be a day of cautious range trading. Although the USD fell to new lows against the EUR and GBP during the day’s session it also fought back to the ground it had started from...

In many respects the currency markets will begin to trade in earnest today essentially where they left off on Friday discounting ranges. Many banks and bourses will be closed across Europe today because of Labor Day. However...

Thursday was a much more tranquil day of trading compared to Wednesday as the broad markets seemingly took a breather. The USD languished near lows against the EUR and GBP, but did manage to find some footing....

The effect of last night’s FOMC Statement and Press Conference was laser like on the currency markets. The USD finds itself at three year lows against the EUR, and also found itself bruised by the GBP. The...

The market returned to its ‘new normal’ on Tuesday as volatility swept into the benchmark currencies again as full volume returned. The AUD finds itself at new highs as the price of Gold continues to trade near...

Most of the broad markets will be closed today meaning that any trading that takes place could see a sudden burst of energy from a large position. However, until Monday afternoon when the Americans open for business...

The broad markets appear to be in rocket mode. The EUR and GBP have gained against the USD along with most of the other benchmark currencies. Investors, going into this long holiday weekend, appear to be downplaying...

Swift and volatile trading has been seen in all the benchmark currencies the past two days. The EUR/USD has turned in a wide range as a both Europe and the United States have been dealt hard punches...

The USD gained on the EUR on Friday with the Greenback practicing a slightly better stance. The USD has seen sustained pressure, but managed to find some backing as rumors continued to swirl regarding the European Sovereign...

The EUR lost ground abruptly on Thursday as rumors continued to spark around the story that Greece would have to restructure its debt. Greece was quick to deny the rumors. The IMF also came out and said...