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Even if you use technical analysis primarily in your trading, checking out the latest forex news is still an important task everyday. What's moving EUR/USD? What are the latest released data? What are the primary drivers of the forex market? You may find some insight from these forex news. Make sure you check out the latest forex news everyday before you trade forex. The forex news below are from various source which would be useful to every forex traders..
Top Currency Trading Ideas for the Week of May 5, 2008
Mon, 5 May 2008 13:43:00 GMT from Daily FX
The EURUSD bias is bearish as long as price is below 1.5643. Potential trendline resistance is near 1.55 and short term resistance extends to 1.5650. Last week, we wrote that the EURUSD did make one more high (slightly) at 1.6018 but the large 4th wave
European Investor Confidence Falters,As Leaders Back ECB's Hawkish Stance.
Mon, 5 May 2008 13:35:00 GMT from Yahoo! Canada
Fundamental Headlines AUDUSD The TD securities Ltd. Inflation index rose to 4.3% on an annualized basis. The inflation gauge showed a 0.5% gain in March prices as fuel costs and rents rose. A tight labor market lead to a 3.1% rise in job advertisements
Oil prices edged higher on supply worries, but gains capped by stronger dollar
Mon, 5 May 2008 13:33:00 GMT from Canadian Business Magazine
Royal Dutch Shell PLC spokesman Precious Okolobo said Saturday that attackers hit a flow station belonging to Shell's joint venture in southern Nigeria and that some oil production had been shut down. He gave no further details. Flow stations are
Dollar and stocks lose ground after Friday gains
Mon, 5 May 2008 13:06:00 GMT from International Herald Tribune
LONDON: The dollar and European stocks weakened slightly on Monday in holiday-thinned markets while euro zone government bonds rose after positions became oversold following Friday's better than expected U.S. employment data. The subdued mood on equities
Canadian dollar rises slightly on higher oil price
Mon, 5 May 2008 13:03:00 GMT from Reuters Canada
TORONTO (Reuters) - The Canadian dollar rose against the U.S. dollar on Monday as oil prices firmed, but remained in a tight range ahead of key domestic data due later in the week. Domestic bond prices were a touch higher as nagging fears about a U.S.
Dollar and stocks lose ground after Friday gains
Mon, 5 May 2008 13:03:00 GMT from Reuters UK
(Reuters) - The dollar and European stocks weakened slightly on Monday in holiday-thinned markets while euro zone government bonds rose after positions became oversold following Friday's better than expected U.S. employment data. The subdued mood on
US Dollar on the Road to Recovery?
Mon, 5 May 2008 12:59:00 GMT from Action Forex
The US dollar continued on its road to recovery as it advanced against most of the major currencies, and soaked in the biggest gains against the low yielding Swiss franc and Yen as investors moved into higher yielding assets. As a result, the New Zealand
Dollar On The Brink Of Additional Gains - But Can It Make The Leap?
Mon, 5 May 2008 12:59:00 GMT from Action Forex
Asian Morning Update Italian Manufacturing PMI French Manufacturing PMI German Manufacturing PMI Euro-zone Manufacturing PMI U.K. Construction PMI Consistently bad manufacturing PMI numbers from Europe but still overall above the boom/bust 50 level and
Can The Dollar Continue Its Rally This Week?
Mon, 5 May 2008 12:58:00 GMT from Action Forex
Talking Points Japanese Yen: on holiday yen trades quietly on individual flows Australian Dollar: ANZ job ads rose for first time in 3 months Euro: Sentix ticks lower capping the bounce Pound: UK on holiday US Dollar: ISM Services on tap A very quiet
Payrolls Support Dollar Rebound
Mon, 5 May 2008 12:58:00 GMT from Action Forex
all eyes in the market were on the US data, and in particular on the US payrolls report. The US economy again lost 20 K jobs in April but that was less bad than expected. On top of that, later in the session, the US factory orders also came out better
Euro May Rise As ECB To Keep Current Rates
Mon, 5 May 2008 12:58:00 GMT from Action Forex
The euro rose against the dollar, after a two-day decline, as traders predict that the European Central Bank will keep its interest rate at a six-year high this week, the announcement will be made on Thursday the 8th 1:30pm London time. The currency also
Canadian Dollar Spikes Higher Against Most Majors; Now At 1.0160 Against Dollar
Mon, 5 May 2008 12:53:00 GMT from Nasdaq
(RTTNews) -
Canadian dollar rises slightly on higher oil price
Mon, 5 May 2008 12:36:00 GMT from Globe Investor
By Frank Pingue TORONTO (Reuters) - The Canadian dollar rose against the U.S. dollar on Monday as oil prices firmed, but remained in a tight range ahead of key domestic data due later in the week. Domestic bond prices were a touch higher as nagging fears
National Bank of Poland official currency rates - 05/05/2008
Mon, 5 May 2008 12:27:00 GMT from Interfax
WARSAW. MAY 5. INTERFAX CENTRAL EUROPE - Following is a table containing the referential fixing rates for foreign currencies as established by the National Bank of Poland (NBP). NBP OFFICIAL CURRENCY RATES - 05/05/2008 Currency Symbol Mid-rate
Canadian dollar opens at 98.23 US, up 0.12 of a cent
Mon, 5 May 2008 12:14:00 GMT from Canadian Business Magazine
The Canadian Press TORONTO - The Canadian dollar opened at 98.23 cents US this morning, up 0.12 of a cent from Friday's close. The U.S. dollar stood at 101.80 cents Cdn, down 0.13 of a cent. Pound sterling worth C$2.0026 down 0.90 of a cent, and
US Dollar Declines Against Israeli Shekel
Mon, 5 May 2008 12:04:00 GMT from RTTNews.com
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Slovak Koruna Higher Against US Currency
Mon, 5 May 2008 12:04:00 GMT from RTTNews.com
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Dollar Mixed In Quiet Dealing Versus Majors
Mon, 5 May 2008 12:05:00 GMT from RTTNews.com
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Euro Strengthens To New Multi-day Highs Against Most Majors
Mon, 5 May 2008 12:05:00 GMT from RTTNews.com
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Dollar Gains From 4-day Low Versus Euro
Mon, 5 May 2008 12:04:00 GMT from RTTNews.com
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Russian Ruble Hits 4-day High Against Dollar
Mon, 5 May 2008 12:04:00 GMT from RTTNews.com
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Dollar, global stocks lose ground after Friday gains
Mon, 5 May 2008 12:04:00 GMT from Ottawa Citizen
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Dollar, global stocks lose ground after Friday gains
Mon, 5 May 2008 11:57:00 GMT from Reuters Canada
LONDON (Reuters) - The dollar and European stocks weakened slightly on Monday in holiday-thinned markets while euro zone government bonds rose after positions became oversold following Friday's better than expected U.S. employment data. Oil prices were
Euro Strengthens To New Multi-day Highs Against Most Majors
Mon, 5 May 2008 11:53:00 GMT from Nasdaq
during early deals, the European single currency advanced to new multi-day highs against most of its major counterparts on speculation that the European central bank will keep the interest rate steady at a 6-year high of 4% this week. The euro climbed to
US Dollar Declines Against Israeli Shekel
Mon, 5 May 2008 11:53:00 GMT from Nasdaq
the US dollar edged down against the Israeli shekel. The dollar- shekel pair reached 3.4368 at about 4.55 am Eastern Time, down from last week's close of 3.4625. As of now, the pair is worth 3.4393. The US ISM non-manufacturing report for April has been
Slovak Koruna Higher Against US Currency
Mon, 5 May 2008 11:53:00 GMT from Nasdaq
the Slovak koruna traded higher against the US dollar. The koruna hit a high of 20.7990 at about 4.50 am Eastern Time, compared to 21.0060 hit late New York Friday. Currently, the dollar-koruna pair is quoted at 20.85. Later today, investors will be
Dollar Advances To 1.5449 Against Euro And 1.9686 Against Pound
Mon, 5 May 2008 11:53:00 GMT from Nasdaq
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Dollar Gains From 4-day Low Versus Euro
Mon, 5 May 2008 11:53:00 GMT from Nasdaq
(RTTNews) - The US dollar weakened to a 4-day low of 1.5500 against its European counterpart, before reversing direction by about 4:45 am ET. The dollar hit as high as 1.5447 per euro by about 7:20 am ET. The euro-dollar pair closed yesterday's deals at
Yen Gains Against Most Majors; Now At 162.21 Versus Euro
Mon, 5 May 2008 11:53:00 GMT from Nasdaq
(RTTNews) -
Russian Ruble Hits 4-day High Against Dollar
Mon, 5 May 2008 11:52:00 GMT from Nasdaq
(RTTNews) - Monday morning, the Russian Ruble advanced against the US dollar. The ruble hit a 4-day high of 23.7030 at about 6.40 am Eastern Time. On the upside, 23.62 is seen as the next target level for the Russian Ruble in the near term. The pair
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