Forex News

Although demand for safe haven persisted on Friday, the USD was severely punished by the market participants following the disappointing U.S. GDP report. The U.S. economy expanded during the second quarter at the slowest pace since the recession ended, after almost stalling during the first quarter.The economy grew by an

Pessimism is dominating the financial markets for another day. U.S. lawmakers did not reach yet to an agreement to raise the debt ceiling and cut spending, which is pressuring the high yielding assets and increases demand on safe Haven.August 2 is the deadline for such an agreement, otherwise the U.S.

After fears from the U.S. lawmakers failure to reach to an agreement to raise the debt ceiling and cut spending, less than a week before August 2 deadline, spread throughout the markets this morning, weighing down on the USD; the greenback managed to recover all the losses seen during the

The failure of U.S. lawmakers to reach an agreement to raise the debt ceiling, cut spending and reduce the country’s deficit, less than a week before August 2 deadline, continued to weigh down on the USD, since a possible downgrade of the U.S. credit rating could have catastrophic effects on

Stock markets extended their drop on Wednesday amid rising concerns that U.S. lawmakers will fail to reach an agreement to raise the debt ceiling and reduce the deficit with less than one week remaining before an August 2, deadline set by the U.S. Treasury Department.Moreover, the U.S. Commerce Department released

Although demand on safe haven persisted today, the U.S. dollar continues to be weak, trading around 73.50 since this morning, as traders remain worried that U.S. lawmakers will fail to reach an agreement to raise the debt ceiling and cut spending, which could lead to downgrading the AAA credit rating

Pessimism continued to dominate global markets on Tuesday, amid the failure of U.S. lawmakers to reach an agreement to raise the debt ceiling, where Democrats and Republicans continue to debate over a compromise plan to raise the debt ceiling and reduce the deficit one week before a deadline set by

Despite the uncertainties that surround the global economic recovery, the high yielding assets managed to incline today as the dollar selloff intensified since the Democrats and Republicans failed to reach an agreement to raise the debt ceiling and cut spending.As August 2 deadline is near, and the U.S.lawmakers remained deadlocked,

Pessimism continued to dominate global markets on Monday, as U.S. lawmakers failed to reach an agreement to raise the debt ceiling, where Democrats and Republicans continue to debate over a compromise plan to raise the debt ceiling and reduce the deficit before an August 2, deadline set by the U.S.

It was difficult for the global financial markets to maintain the optimism triggered byGreece’s bailout deal announced last week as traders are more concerned by the political disagreement among theU.S.lawmakers over raising the country’s debt ceiling and cut spending.Democrats and Republicans are struggling to reach a compromise deal since they

Pessimism resurfaced in markets on Friday, as investors doubted whether a European bailout for Greece will be enough, and if it will prevent the debt crisis from spreading across the Euro Zone region, meanwhile, U.S. lawmakers continue to negotiate a deal to raise the debt ceiling and reduce the swelling

After E.U. leaders agreed onGreece’s new bailout plan which eased concerns over the outlook of the European debt crisis, confidence was boosted and risk appetite spread within the global markets increasing demand for higher yielding assets.The euro-area officials announced yesterday reaching a deal on Greece’s second bailout plan worth 159

Optimism spread through European and U.S. financial markets on Thursday after strong earnings boosted confidence in stock markets, while a draft released by Reuters signaled EU leaders will undertake an expanded measure to help debt-laden nations in the Euro Zone including Greece, Portugal, and Ireland, and economic data from the

Broad markets are doing their best to hold to yesterday’s gains, yet this task seams difficult ahead of an emergency summit for E.U. leaders and data fromChinasignaling that the manufacturing sector contracted further in July.Markets hope that the E.U. leaders will be able to make progress in resolving the Greek

Mixed feelings dominated financial markets on Wednesday, where investors were hopeful that U.S. lawmakers will reach a compromise deal to raise the debt ceiling before an August 2, deadline set by the Treasury Department, in addition to more bright financial results from U.S. companies, as the earnings season is proving

After Apple reported better than expected profits and the U.S. lawmakers are approaching an agreement regarding the country’s debt ceiling, confidence was boosted and risk appetite within the global financial markets increased demand for higher yielding assets, dragging the Asian and European stocks in green.Since Apple’s quarterly profits more than

FXCM Inc. announced, last week, certain key operating metrics for June 2011. The report included details regarding its Forex and retail operations.June 2011 Retail Trading Metrics:FXCM reported that had a retail customer trading volume of $317 billion in June 2011 which is 3% lower than in May 2011, and 10%

Saxo Bank announced today that it will now offer 12 CFDs on major stock indices and 7 commodity CFDs to ForexTrading.com’s platform for their private traders. Head of Markets at Saxo Bank, Claus Nielsen, said: “The addition of stock index CFDs and seven further commodity CFDs to ForexTrading.com now enables

Alpari announced today that it is partnering with Dukascopy Bank SA. In light of recent regulatory changes in theUnited Statesvis-à-vis Forex exchanges the companies have agreed to an arrangement which allows Alpari to offer Dukascopy’s trading environment and technology to US based clients.Alpari will utilize Dukascopy’s technological environment and will

Forex Club announced that it will offer clients an annual interest rate bonus of up to 6.5%.  This unprecedented move marks the first time that an FX Broker is offering an interest rate based on a client’s deposit plus all opened positions with unrealized p/l as a bonus.The bonus will