Forex News by www.ForexSQ.com
Euro Rallies As European Central Bank Sees Upside Risk For Inflation - forexSQ.com
The Euro continued to pare the decline from earlier this month, with the exchange rate rallying to a high of 1.3267 on Thursday, and the single-currency may push higher going into the end of the week as European policy makers drop their dovish outlook for inflation.. ForexSQ.com
forexSQ.com - European Problems are Leaving, Currency Rally Incurs
The Euro made tremendous strides to accelerate its trend to the upside. The situation in the EUR/USD is clearly changing situation as sovereign debt issues are receding. On top of a positive debt auction of Portugal, Spanish and Italian debt auction well without a problem spurring the EUR/USD to the upside..ForexSQ.com
ForexSQ.com - United Kingdom double dip fears rise as forecasters predict slow recove
The chances of Britain dropping back into recession this year have doubled to one-in-five, a leading economic forecaster has warned amid mounting fears that the recovery will be slower than hoped...Forex News ForexSQ.com
ForexSQ.com - Euro appreciates on German Inflation Index increase
The European common currency climbed up during early Friday trades in Asia after a report showed at 2:00 am ET that Germany's consumer price inflation in December accelerated to its highest level in more than 2-years.
forexSQ.com - J.P. Morgan posts quarterly profit of 4.8 billion dollar
J.P. Morgan Chase & Co. reported quarterly results Friday that were buoyed by a recovery in mergers and acquisitions and other investment-banking businesses like underwriting equity and debt offerings.
However, the financial-services giant reported lackluster results from its key trading businesses
forexSQ.com - Euro Drop Versus Yen As Japan Exporters Sell, May Rebound
The euro fell against the yen in Asia Friday due to selling by Japanese exporters for regular settlements, with institutional investors in Japan and short-term players in the region also getting behind ...
forexSQ.com - GBP/USD holds around high of 1.5880
Cable has been trading within a relatively tight range yet choppy over the entire European session between 1.5820 and most recently 1.5880. Following more fundamental data from the US, the pair remains near its daily high of 1.5880 where it seems to find firm resistance.
forexSQ.com - EURUSD Weekly Forex Analysis 1-15-2011
Last week's weak close near the lows is followed up by this week's strong close. The key resistance at the 11-week (55-day) moving average is still in place, though one can also say that the attempt to break below the 200-day (40-week) moving average failed this week
ForexSQ.com - EUR/USD weekly outlook: Jan 17.2011
The week ending January 14 saw the euro post its biggest weekly gain against the U.S. dollar in more than two years as the single currency was pushed higher by strong debt auctions and unexpected remarks by the president of the European Central Bank.
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