Fx Trade:EUR/USD Climbs, Fundamentals Still Point to Downside

Article Summary:

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.EUR/USD rose today after Standard & Poor’s confirmed France’s top AAA credit rating, following the message about a downgrade of the rating that was sent because of a technical error. Fundamentals remained negative for the euro,

Read the rest of this entry »

Fx Trading:EUR/USD Goes Up as Focus of Concerns Shift from E.U. to U.S.

Article Summary:

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.EUR/USD currency pair went up, following two days of losses, after Greece auctioned its debt, despite it fell at the star of trading session as Moody’s Investor Service has cut Portugal’s credit rating. Widening U.S. trade balance deficit hadn’t

Read the rest of this entry »

Forex Trading:USD Consolidates on Improved Trade Balance

Article Summary:

Find fresh, updated content every day including technical and fundamental analysis and forex trading strategy.EUR/USD is currently showing a perfect Doji candlestick patter on the chart as the traders reacted to the improved trade balance deficit of the United States. Meanwhile, the jobless claims remained near the same level as a week

Read the rest of this entry »

Forex:Dollar Up on Excellent Domestic Data

Article Summary:

Find fresh, updated content every day including technical and fundamental analysis and forex trading strategy.The dollar outperformed virtually all of the 16 main traded currencies as domestic reports ranging from manufacturing to housing showed better than expected numbers for the U.S. economy, boosting attractiveness for assets in the country

Read the rest of this entry »

Forex Trades:EUR/USD Falls Despite U.S. Trade Balance Deficit Gain

Article Summary:

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.Euro declined against the U.S. dollar today after growing during the early trading session and yesterday. The increased U.S. trade balance deficit didn’t help the Eurozone currency to advance against the greenback. Traders probably treated the drop in imports

Read the rest of this entry »