Forex Factory

AUD/USD (a 4-hour chart of which is shown) as of Wednesday (9/08/2010) has resumed its bullish stance, after a bearish pullback, to approach the last major resistance high around 0.9220 reached in early August. This occurs within the context of a general uptrend extending from the June low ...

The Dow is rallying this morning and I believe this risk appetite is driving yen selling against both the dollar and the euro. The overall downtrend on both the daily and the 240-minute time frames are setting up swing shorts if prices can rally into resistance.

(Reuters) - EADS (EAD.PA) Chief Executive Louis Gallois said EADS is in talks with a few companies in defense, services and security areas for potential deals and could comfortably make an acquisition of around one billion euros.

The franc earlier reached a record level against the 16- nation currency before the results of a Portuguese debt auction eased concern that Europe’s most indebted nations will struggle to finance themselves. The Stoxx Europe 600 Index advanced as much as 1.2 percent after declining in early trading...

NEW YORK, Sept 8 (Reuters) - The euro erased losses and rose against the dollar and the yen on Wednesday after Ireland's finance ministry said nationalized lender Anglo Irish Bank would be split to wind down its assets, but analysts said markets remained wary of taking risk.

The yen dropped from a 15-year high against the dollar after improved demand for European bonds eased concern the region’s debt crisis is worsening and as speculation mounted the Japanese government may move to curb the currency’s strength.

HONG KONG (MarketWatch) -- The U.S. dollar fell to a fresh 15-year low against the Japanese currency Wednesday even as Japanese officials sounded warning potential intervention measures in the foreign exchange markets. Japan's finance minister Yoshihiko Noda said the government stands ready to take...

NEW YORK, Sept 8 (Reuters) - U.S. share prices rebounded on Wednesday, aided by gains in European markets, while the stronger yen tested the Bank of Japan's resolve to cut the currency down from its 15-year peak.

NEW YORK (MarketWatch) -- The U.S. dollar weakened versus most major rivals on Wednesday on better news out of Canada, U.K. and U.S. stocks heading higher.

Renewed demand for risky assets is helping to drive the December Treasury Bonds lower. Technically the T-Bonds may have made a secondary lower top on Tuesday after testing the retracement zone at 133’03 to 133’22. The actual rally to 133’12 completed a 50% retracement of the 135’19 to 130’12 range.

Ahead of the release of this afternoon’s Federal Reserve Beige Book, the U.S. Dollar is trading weaker against most major currencies. This report shouldn’t be a market mover, but traders should read it to gain a little more knowledge into what the Fed looked at when it made its recent Federal Open...

Reports from the twelve Federal Reserve Districts suggested continued growth in national economic activity during the reporting period of mid-July through the end of August, but with widespread signs of a deceleration compared with preceding periods. Economic growth at a modest pace was the most...

(RTTNews) - Stocks remain up by hefty margins in early afternoon trading on Wednesday, holding onto strong gains following news of successful bond sales by debt-embattled Portugal and ahead of the Federal Reserve's Beige Book report. In recent trading, the tech-heavy Nasdaq has shown a notable mo...

The Bank of England is expected to hold interest rates at a record low this month and probably well into next year to keep the recovery on track, and if growth falters it may eventually have to inject more stimulus. All 60 economists in a Reuters poll reckon the central bank will keep borrowing c...

The Bank of Canada has elected to raise interest rates for the third time in as many months, despite a slowdown in economic growth. The Bank raised rates from 0.75% to 1% but explained that further rate hikes would need to be carefully considered because of an uncertain outlook. The rise comes...

The pound has held firm against the euro this week despite speculation that the Bank of England might crank up the printing presses again tomorrow. While economists are unanimous that the monetary policy committee will announce no change to rates, some believe the recent evidence on the UK econom...

The U.S. dollar weakened versus most major rivals on Wednesday on better news out of Canada, U.K. and U.S. stocks heading higher. The only major U.S. economic report will be the Federal Reserve's Beige Book. Against the Japanese yen, however, the dollar recovered after hitting a 15-year low in...

Major crosses had entered in a quiet consolidative stage after London close, waiting for the last event of the day, the release of US Beige Book; despite the report hardly affects the market at the time of publishing, it includes information about the economic development of 19 US regions, and the...

Canadian building permits fell in July because of a decline in industrial facilities and multiple- unit dwellings such as condominiums and apartments. The total value of permits issues by municipalities decreased 3.3 percent to C$6.4 billion ($6.1 billion), Statistics Canada said today in Ottawa....

The Bank of Canada raised its benchmark interest rate Wednesday by 25 basis points to 1%, arguing financial conditions remain “exceptionally stimulative” even in the face of a slowing -- but still growing -- economy. Following the announcement, market watchers said traders reduced the odds of ano...