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Technical Forex News

GBP/USD breaches 1.6100

The sterling is now losing the grip, dragging GBP/USD back below the 1.6100 handle amidst renewed sentiment towards the greenback. The pair is giving away part of the recent rebound from ytd lows posted last week around 1.5870, following a resurgence of the demand for the US dollar. Against the backdrop...

Majors

EUR/USD is back to 1.27… again

EUR/USD is having hard time recovering from Asian low at 1.2705; it’s currently trading at 1.2712.

USD/JPY is dancing around 107.00

USD/JPY moved to the Asian low at 106.82 after having started the day at 107.00; the pair is consolidating...

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Fundamental News

Treasury yields set for a steepest fall since January

The Ten-year treasury yield in the US is inching lower ahead of the US CPI data which may show prices slowed for a third month.

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...

ECB's Coene: No concrete plan for buying corporate bonds

ECB Governing Council member Luc Coene said in an interview on Wednesday that no tangible plan of...

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

Brent steady above USD 86

Brent crude oil is trading steady above USD 86/barrel after prices recovered from the four-year lows...

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...