EUR/USD higher as Draghi comments lift risk appetite

The euro pushed higher against the greenback on Thursday as ECB Chief Mario Draghi expressed greater confidence in the prospects for the Eurozone during 2011, noting that the ECB was less pessimistic than...

Global Crisis  

Greece: no bailout before implementation

After the Greek coalition government reached common ground on pension cut reforms, last sticking point, disbelief over the effectiveness of the new Greek austerity plan keeps the Eurogroup reluctant to sign off on a fresh second bailout ...

Currencies at a Glance  

Integrated market info and technical studies of THE MOST TRADED PAIRS

Economic Calendar  

GMT   Vol. Event Actual Con. Prev.
Feb 9
23:50 JP 1 Domestic Corporate Goods Price Index (YoY) 0.5% 0.8% 1.3%
Feb 10
n/a CN 2 Trade Balance 10.40 16.52B
00:30 AU 2 RBA Monetary Policy Statement
07:00 DE 3 Consumer Price Index (YoY) 2.0% 2.1%
07:00 DE 2 Consumer Price Index (MoM) -0.4% 0.7%
08:15 CH 2 Consumer Price Index (MoM) -0.3% -0.2%
08:15 CH 2 Consumer Price Index (YoY) -0.7% -0.7%
09:30 UK 1 Producer Price Index - Input (MoM) n.s.a 0.2% -0.6%
09:30 UK 2 Producer Price Index - Input (YoY) n.s.a 6.65% 8.70%
09:30 UK 1 Producer Price Index - Output (MoM) n.s.a 0.1% -0.2%
World Interest Rates
US: 0.25% EMU: 1% UK: 0.5% JP: 0.1% CH: 0% CA: 1% AU: 4.25% NZ: 2.5%

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The Hidden Divergence by Gonçalo Moreira

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Central Banks Decisions

ECB expands 3−year LTRO eligibility criteria

The ECB Governing Council decided to keep the main interest rate unchanged at 1.0% for the second consecutive month.

UK: BoE confirms extra £50B in asset purchases

The BoE is keeping the interest rate 0.5% and confirms the expected extra £50B in asset purchases to flood the market...

Featured Analysis

Risk stabilizes amid central bank meetings, Greek austerity deal by FOREX.com

Sentiment was moderately higher after Greek leaders agreed on an austerity package ahead of a meeting between EU finance ministers. The dollar is mostly weaker against ...

Technical Doji Hints at NZD/JPY Sell by ForexAlliance

EUR/USD: Bullish above 1.3335 by Ani Salama

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Featured Posts from the FX Network

In Today's Asian Session by FX Bootcamp

Yesturday, we spend a lot of time focus on the "Red Zone − Green Zone" of the Kiwi (nzd/usd). Looks like we are still in the range. We'll focus on this pair again today during the upcoming Asian Session.

EURO Just a mere correction or is it the real thing.... by Tahir Khan

CFTC Obtains Permanent Injunction against British Virgin Island Firm InterForex, Inc. by Francesc Riverola

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