Forex News
- GBPUSD: Trading the Bank of England Minutes February 22, 2012The Bank of England Minutes presents the biggest event risk for the British Pound and the policy statement may prop up the sterling should the central bank talk down speculation for additional monetary support. […]
- USD/CAD: Trading Canada’s Retail Sales Report February 21, 2012Retail spending in Canada is expected to contract 0.1% in December and a drop in private consumption may spark a bearish reaction in the Canadian dollar as the data casts a weakened outlook for the region. […]
- EUR/USD: Trading the U.S. Consumer Price Report February 17, 2012Although we’re expecting to see a slower rate of inflation in the world’s largest economy, the stickiness in core consumer prices could prop up the U.S. dollar as it dampens the Fed’s scope to push through more quantitative easing. […]
- AUD/USD: Trading Australia’s Employment Report February 15, 2012As we’re expecting to see a rebound in Australian employment, a positive print could send the AUD/USD higher as the development encourages an improved outlook for the $1T economy. […]