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Technical Forex News

2,800 pips later, EUR/USD trades below 1.1200; bias continues bearish

The EUR/USD its closing its second day of losses as the pair is consolidating lows after yesterday's collapse amid the 'CPI effect'. The pair is trading now at lows since late January around 1.1175.

Majors

USD/JPY to close its seventh positive month since July; +200 pips monthly gain

After rallying 50 pips from 119.25 in the American morning, the USD/JPY has been trading sideways...

Currencies

EUR/JPY: Lower levels coming into view; 132.00 Feb low first target

EUR/JPY is currently trading at 133.87 with a high of 134.27 and a low of 133.43.

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Fundamental News

German government approves Greek bailout extension

The German parliament approved an extension of Greece's bailout on Friday with 542 lawmakers voting in favor after finance minister Wolfgang Schaeuble said Athens would not be allowed to "blackmail"...

Economic Indicators

Second US Q4 GDP reading prints lower

Real gross domestic product increased at an annual rate of 2.2 percent in the fourth quarter of2 014,...

Central Banks

Wage growth has turned around and that will feed through into higher inflation – BOE's Forbes

Bank of England (BOE) Monetary Policy Committee Kristin Forbes today, once again expressed her bullish...

Equities

US stocks closes negative on the day but over 5% up in the month

Historically, January is a bad month for stocks and then, February starts the recovery... but this...

Commodities

Gold clings to gains around $1,210

The precious metal is extending the rebound from weekly troughs in sub-$1,200.00 levels, reverting...

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Brokers News

FXCM Adopts Stockholder Rights Plan

The Company's Board of Directors is committed to acting in the best interests of all of its stockholders.