Welcome to Currency Trading
Fx Currency Trading News
Fx Currency Trading News
FX round-up: Dollar holds steady in light trading
LONDON (SHARECAST) - The dollar held steady against the yen and the euro in reduced holiday trading on Monday. US financial markets were closed for the Labor Day holiday and will resume today.
Read more...Regional Currencies Weakest Across the Board; Warns of More Risk Selling
OVERVIEW We have often written about our theory that the price action in the regional currencies serves as a formidable leading indicator for the broader price action in the FX markets. Both the krona and krone are highly correlated to global macro themes and as such, the direction that the local markets take, will often prove to be influential in gauging direction in the other major currencies ...
Read more...Trading Ranges Expected to be Rather Tight with US Markets on Holiday
All is quiet in the markets thus far on Monday with currencies locked in some tight consolidation into the European open.
Read more...Your Source for Daily FOREX Market News and Analysis
OVERVIEW – We have often written about our theory that the price action in the regional currencies serves as a formidable leading indicator for the broader price action in the FX markets.
Read more...Euro falls from recent highs
The euro dipped overnight (NZT) as short-term players were squeezed out of long positions after the single currency touched a three-week high against the US dollar, buoyed by Friday's US jobs data.
Read more...US dollar set to test 15-year low against yen
The US dollar dipped on Monday and looked set to test a 15-year low against the Japanese yen after shedding gains made after US jobs data, while greater appetite for risk prodded the euro to a three-week high versus the US currency.
Read more...Renminbi moves another step closer to convertibility
China’s move to allow foreign lenders greater access to its interbank bond market will encourage both renminbi offshore trade settlement and liquidity, and marks another step towards the currency’s long-term convertibility.
Read more...