The US commerce department said that Gross domestic product (GDP) increased at a 1.5 percent annual rate after expanding 3.9 percent in the second quarter, the Commerce Department said on Thursday. Economists however expect growth to pick up in the ...

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Markets were affected on Wednesday by low data from China which highlighted the risk global economy can have on the US and supported the delay of the rate hike. Chinese consumer inflation softened more than expected in September thanks in part to ...

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Markets were mainly affected by European Central Bank (ECB) President Mario Draghi’s speech. Draghi spoke in Brussels before the European Parliament's Committee on Economic and Monetary Affairs on Wednesday saying that the future of the quantitative ...

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EUR/USD fell late on Tuesday trading between 1.1114 and 1.1207 before settling at 1.1132, 0.51 percent lower for the session. This comes after the pair had gained for eight straight sessions. The pair was expected to find support at 1.1086 and ...

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The US dollar was steady to lower on Tuesday after recovering losses on Monday. Market volatility surrounding the Fed’s interest rate hike decision was the leading reason behind most currency movements, and now the Fed is coming under attack for ...

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EUR/USD saw some gains on Wednesday afternoon after falling in the morning. The pair fluctuated between 1.1214 and 1.1321. It settled 0.20% up at 1.1288. Over the last month of trading the Euro has gained 1.75% in value against the American dollar. ...

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The U.S. dollar which was weaker than most currencies for the past week saw some small gains as all eyes turn to the Fed meeting which begins today and ends tomorrow, and will announce interest rates decisions. EUR/USD fell on Tuesday afternoon ...

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The dollar rebound from yesterday’s slump and gained momentum despite ongoing concerns over China’s economic slowdown and, US small business borrowing falling for July. Economic reports on Tuesday showed that manufacturing activity in China ...

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Markets React to Chinese Declining Market and PBOC's Decision to Cut Rates The US dollar was higher against the euro and yen for the second consecutive day after having lost momentum on Monday amidst china’s market decline. The dollar was mainly ...

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Fundamental Analysis 25/June The Euro was majorly affected by Greece’s meeting with its creditors that ended in a rejection of the proposal due to differences. Greece is ever close to the June 30th deadline by which it has to reach a deal to unlock ...

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EURO ENJOYS SLIGHT GAIN BEFORE WEAKENING During Wednesday’s trading the Euro enjoyed considerable gains as an agreement between Germany and Greece was reportedly very close and a cash-for-reform deal was on the horizon. The EUR/USD pair gained 0.40 ...

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JAPANESE YEN LOWER AFTER A DAY’S HIKE On Thursday the Japanese yen fell lower than the U.S. dollar after having hiked considerably on Wednesday. The Japanese Yen rose against its U.S. counterpart on Wednesday following comments by Bank of Japan ...

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DOLLAR REBOUNDS AGAINST JAPANESE YEN The Japanese Yen rose against its U.S. counterpart on Wednesday following comments by Bank of Japan (BOJ) Governor Haruhiko Kuroda saying the yen is not likely to get weaker. By Thursday the U.S. dollar rebound ...

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Daily Fundamental News from FxNet June 2 After two weeks of gains the U.S. dollar reached its 12 and a half year high against the Japanese yen over the weekend, almost touching 125.00 yen a number it has not touched since 2002. On Tuesday the ...

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Fundamental Analysis August 22 EUR/USD gained 8 points as traders breathed a sigh of relief when PMI numbers were not as bad as expected. The US dollar gave back some early gains but remains strong at 82.29. Data from Germany eased pressure on the ...

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Fundamental Analysis August 15 EUR/USD recuperated 27 focuses to exchange at 1.3391 after a large number of blended information and a confounded ECB month to month report. The dollar gave back increases the greater part of the morning to trade at ...

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Forex Daily Analysis - 14 Aug 2014 GBP/USD tumbled 103 focuses after remarks from Bank of England Governor to exchange at 1.6708 in the wake of hopping on better than anticipated employments information. The pound tumbled to a two-month low versus ...

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Forex Daily Analysis - 13 Aug 2014 EUR/USD given way today after German information hit the ropes. The euro tumbled to exchange at a 9 month low, falling 45 focuses to exchange at 1.3338. The euro slid Tuesday after a droop in German monetary notion ...

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Forex Daily Analysis - 11 Aug 2014 EUR/USD recouped and included 27 focuses today, as German exchange offset numbers missed desires yet sends out for surpassed imports helping giving a superior take a gander at the report. The US dollar pushed ...

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Fundamental Analysis August 8 EUR/USD moved by 3 focuses in front of today's ECB declaration. The national bank is relied upon to hold rates and approach. The firecrackers will come amid Mr. Draghi's question and answer session late in the ...

Daily Market News By FXNET