Here are the Top 5 Forex Developments for the trading week between 11/03/14 and 11/07/14: Number One: US NFP Report Today forex traders received the NFP report out of the US for the month of October. The...
The US Federal Reserved wound down its economic stimulus packaged known as quantitative easing or QE3 for short. The ‘3’ stands for the third installment of such a measure which resulted in the Federal Reserve printing money...
The New Zealand economy has enjoyed robust growth which can largely be a contributor to its commodity sector and demand from China. This has allowed the New Zealand Dollar to appreciate in value against other major currencies. ...
Forex traders received plenty of data out of China today which continue to point towards a slowing Chinese economy. China, now the world’s biggest economy, is responsible for the majority of Asian as well as global economic...
Forex traders received the Canadian Employment Report for September roughly 30 minutes ago. The data was much stronger than expected, but the Canadian Dollar did not rally as strong as one would have imagined despite a rock...
On Friday we received the latest snapshot from the US labor market which send equity markets as well as the US Dollar rallying as the two most important headline figures, the job number and the unemployment rate,...
The US Dollar has rallied to multi-year highs as forex traders grow more confident that the US Federal Reserve will raise interest rates sooner than previously expected. Expectations now call for an increase in interest rates by...
The New Zealand Dollar has dropped sharply over the past few trading weeks and after the Reserve Bank of New Zealand decided to stop their series of interest rate increases during the last meeting, after increasing interest...
The Japanese Yen plunged to new multi-year lows especially against the US Dollar as the USDJPY broke out above the 107.000 level only to be stopped by a very big resistance level which is located around 107.250....
Yesterday we saw two employment reports which painted a much different picture than what many hoped for and one which is closer to reality than any other report released in 2014 on the labor market. While expectations...
