Forex market analysis

Aussie Struggles on the Forex Market

Various Australian dollar notes Australian dollar is struggling on the Forex market, especially against the US dollar. Concerns about what’s happening in Europe are affecting risk appetite, and sending Forex traders away from riskier assets like the Aussie and to low beta currencies like the US dollar and the Japanese yen.

Risk appetite is playing a big role in the Australian do

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US Dollar Gains Against Euro in Forex Trading

Mix of US dollar bills US dollar is heading higher against the euro in Forex trading right now, gaining as concerns about Spain and Greece come into sharper focus. Greenback is also higher against the Canadian dollar and other commodity currencies as oil prices and gold prices drop. UK pound, though, is gaining against the US dollar, as is the Japanese yen.

US dollar is

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Can Facebook IPO overcome European Debt Woes?

Can Facebook IPO overcome European Debt Woes?May 14th, 2:45 pm by Barbara Zigah

Can Facebook IPO overcome European Debt Woes? (eToro Blog) The top two headlines over the past week or so have been the ever-enduring debt saga in the Eurozone and the imminent launch of what could be the largest tech-based IPO ever for social media behemoth Facebook. In isolation, one is a major concern and the other a bright shiny star of hope, but many

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Eurozone’s Anti-Austerity/Bailout Voices Speak Loud and Clear, Again

Eurozone’s Anti-Austerity/Bailout Voices Speak Loud and Clear, AgainMay 14th, 11:58 am by Barbara Zigah

Eurozone’s Anti-Austerity/Bailout Voices Speak Loud and Clear, Again (eToro Blog) Election news is once again in the fore in Europe; in Germany, Chancellor Angela Merkel and her party of conservatives were dealt a stunning blow as they failed to regain power in the country’s most populous state, and one considered a bellwether for the rest of Germany. With nationwide elections o

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Euro at 3-Month Low as Greece May Leave Eurozone

Focus on 50-euro notes The euro fell today, reaching the lowest level in more than three months against the US dollar, as speculation that Greece may leave the eurozone drove away investors from the shared 17-nation currency.

Greece is still unable to form a coalition government after a week of talks and negotiating. Even if the a government would be formed, the country

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Pound Gains, Threatens Economy of UK

Pound Gains, Threatens Economy of UK The Great Britain pound rose today as the safe haven role of the currency helped it to profit from speculation that Greece may leave the eurozone. The strength of the sterling caused worries that it may hurt the UK economy.

The pound gains appeal as the Swiss franc loses it due to the euro-peg. Economists are worried, though, that a strong curre

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GBP Falls vs. USD JPY, Gains vs. EUR Over This Week

Mix of pound bills The Great Britain pound fell against the US dollar and the Japanese yen this week as growing concerns about the health of the UK economy reduced appeal of the currency. The sterling is still perceived as refuge from Europe’s crisis, therefore it gained versus the euro.

Britain’s economy has entered a recession, significantly hurting prospects fo

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