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9.7 % unemployment rate in USA put pressure on US Dollar

Forex Traders are worried Fridays release of the US unemployment rate was way worse then expected and now the US Dollar might face further decrease. American Labor Department reported that the much...

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German Unemployment Report May Weaken Euro and Confirm Bleak Outlook for the...

The German Unemployment Report is expected to support the bleak outlook for the Eurozone as unemployment in the area’s largest economy is forecasted to increase in June. Undoubtedly, the forecast for...

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All time high jobless rates in EU impacting on Euro

The final week of April has witnessed the Euro tumble once again as the jobless rates in the European Union hit an all-time high of 12.1% awhile inflation slowed to 1.2%; rates not seen since February...

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Positive Signs for Europe, less so for China

Two of the biggest pieces of online forex trading news that emerged this week and caught the attention of traders from all around the world had their origins in Europe and China. As all good forex...

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Positive News for the British Pound

Two encouraging pieces of news emerged from the UK economy on Tuesday, both of which are likely to give the British Pound a boost in the currency markets and will be of keen interest to anyone involved...

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