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Technical Forex News

US Session recap: USD consolidation ahead of FOMC

The FX market was in a phase of consolidation after taking some profits out of the USD.

Majors

GBP/USD sitting pretty despite lower CPI's

Despite the dovishness surrounding tis outcome, the pair remains solid and has been better bid on the day.

USD/JPY anchored on 108 handle

USD/JPY is trading at 108.05, up 0.20% on the day, having posted a daily high at 108.33 and low at...

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Fundamental News

UK seeks emergency meeting on additional contribution to EU budget

The claim at today's summit in Brussels that the UK should contribute an additional 1.7 billion pounds...

US: New Home Sales increase to 467K in September

US New Home Sales rose 467K in September, from 466K in August the the US Census Bureau informed on...

25 EU banks to fail ECB stress tests, according to leak

Bloomberg, which got hold of ECB's draft document with the outcome of EU bank's stress tests, has...

Equities

US Shares modestly higher in early trade

US shares are trading higher today, adding to the previous session's strong rally. However, broader...

Commodities

WTI Crude reverses trend, falls 2%

WTI Crude Oil declined today as markets gained more clarity over Saudi’s Crude policy.

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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...