Australian dollar is gaining almost across the board today as risk appetite returns the Forex market. Some are interested in the idea that the news Federal Reserve won’t raise interest rates until 2014, and others assume that the Fed will increase bond purchases in the hopes that it can further stimulate the US economy, especially the labor market

(eToro Blog) Following the Federal Reserve’s announcement yesterday, the Euro again rallied against the U.S. Dollar, and is now trading higher today at 1.3156. On the OpenBook, traders who had expected the Euro to pullback are rethinking their positions. Trader psee1961 has closed out several longs (and a

(eToro Blog) Reserve Bank of New Zealand governor Alan Bollard stated today that he expects to keep interest rates low due to moderate inflation and the European debt crisis. The official cash rate was also left unchanged at 2.5%. This was a shift in sentiment from Bollard who last month sounded more hawkish and

(eToro Blog) The Australian Dollar has been on a tear in recent months, striking multi-year or even record peaks against several major rivals including the U.S. Dollar, Pound Sterling and the Euro. Traders have two questions: How is the Aussie doing that and will it continue to rise still higher? Not that

The Canadian dollar rallied yesterday and reached the highest since November today versus the US dollar and the Japanese yen as the Federal Reserve plans to keep interest rates exceptionally low till at least late 2014.

The Federal Market Open Committee kept its main federal fund rate near zero yesterday. What’s more important, it extended its p

Over the last two weeks, Greece has been deliberating with private investors to develop a bailout package that may save the country and its people. To the dismay of many investors, Greece has yet to finalize the deal despite claiming that it would do so quickly. Investors should not be surprised, but should

(eToro Blog) Ahead of the Fed Rate decision, OpenBook trader pyruss has closed several positions on the EURUSD. The trader has been scalping during the European session and looks for opportunity to sell the EURUSD as it approaches 1.3000 and buy the EURUSD when it approaches 1.2950. This technical trader believes that