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Daily Forex & Commodity Trading News

OPENING COMMENT

Lower Inflation Makes Way for a More Dovish BoE, Pound Declines

Tuesday, 21 May 2013 09:16 GMT
By Benjamin Spier Inflation fell to a seven month low of 2.4% in April; BoE expects a peak of 3.1% inflation this year…
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TRADING THE NEWS

GBP/USD- Trading the Bank of England (BoE) Minutes

Wednesday, 22 May 2013 02:00 GMT
By The Bank of England (BoE) Minutes could be a game-changer for the British Pound as market participants weigh the outlook for monetary policy.
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EUROPEAN MARKETS Euro Market Opening Brief By

Yen Quiet as BOJ Keeps Policy Unchanged, BOE Minutes on Tap

Wednesday, 22 May 2013 07:05 GMT The Yen yielded a mute response after the Bank of Japan kept monetary policy unchanged. Minutes from May’s Bank of England meeting are on tap ahead.
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US MARKETS US Market Opening Brief By

Euro Euphoria to Fizzle on ECB- EU Looks to Buy More Time

Wednesday, 22 May 2013 13:10 GMT The EURUSD extended the advance from earlier this week as European policy makers pledged to address the risks surrounding the euro-area.
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ASIAN MARKETS Daily Fundamentals By

Dollar Rallies after Fed Talks QE3 Exit, Will EUR/USD Break 1.2800?

Thursday, 23 May 2013 04:22 GMT The markets have sought out guidance on the future of the Federal Reserve’s QE3 plans to shape their speculation, and that is exactly what Fed Chairman Ben Bernanke and the FOMC minutes offered.
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TOP FX HEADLINES

Forex: Euro Leads Modestly but Aussie and Kiwi Drop

Wednesday, 14 November 2012 17:00 GMT
By The European currencies are leading despite a mixed batch of data out of Britain. Mainly, this can be attributed to some postive news on Spain. Meanwhile, with pressure on equity markets and the political landscape shifting... Read more
COMMODITY UPDATE

Gold May Rise as Fed Dents QE3 Reduction Bets

Wednesday, 22 May 2013 10:01 GMT
By Gold may rise on recovering anti-fiat demand as minutes from the last FOMC meeting and Ben Bernanke’s testimony dent bets on a reduction in the size of QE3.
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