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Technical Forex News

Asian recap: dull session; Aussie on the upside despite weak CPI

It has been pretty quiet in Asian on Wednesday. Nothing’s going on as markets are bracing themselves for risk events scheduled for today, including BOE minutes and US CPI numbers.

Majors

EUR/USD sidelined above 1.2700

EUR/USD has moved off form the Asian low at 1.2706 and settled at 1.2728; the pair is consolidating...

AUD/NZD swings and roundabouts

AUD/NZD is trading at 1.1017, down -0.10% on the day, having posted a daily high at 1.1038 and low...

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Fundamental News

Three banks to be fined €90M for Swiss LIBOR rigging

The European Commission announced on Tuesday its decision to fine UBS, JP Morgan and Credit Suisse for rigging Libor rates connected with the Swiss franc.

RBA likely to be comfortable on the CPI in line

The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics...

RBA's Lowe urges government to stimulate investment

RBA Deputy Governor Philip Lowe said today at a conference in Sydeny on Tuesday that current low global...

Equities

SPDR Oil and Gas Exploration ETF inches higher

The SPDR S&P Oil and Gas Exploration ETF is inching higher after having recovered from the Feb 2012...

Commodities

Comex Copper rises to 4−day high

Copper, on the Comex division of the New York Mercantile Exchange, is trading at a four-day high after...

Tips to choose a broker (part three)

Tips to choosing a brokerFXStreet expert, Gonçalo Moreira, gives advice on how to choose a broker.
Check it out!

Brokers News

FXCM Launches New Pricing Model Offering Raw Forex Spreads

FXCM Inc., a leading online provider of foreign exchange trading and related services worldwide, today announced...