Forex Trading Education : Forex Trading Blog by FOREXYARD

Fundamentals Continue to Drive Forex Markets with European Interest Rate Releases

Important market movers await forex traders today with US Unemployment Claims, British and European Rate decisions followed by central bank news conferences. Here’s an outlook on the most influential events that will shape forex trading this Thursday.

SEK, NOK Losing Momentum from Monetary Policy Statements

Scandinavian interest rate decisions have been affecting the SEK and NOK heavily these past few trading days. Sweden decided to lift interest rates by 25 base points last Tuesday, following a fiery speech by the deputy governor of the Riksbank ...

Aussie Dollar up Sharply on Rate Increase

The day prior to the Fed’s announcement that it will begin buying assets thereby increasing the money supply, the US dollar is not surprisingly weaker. Performing well against the greenback have been the Euro and the Aussie dollar.

SEK Tumbles Against its Currency Rivals

The Swedish krona tumbled against all of its currency rivals in trading on Tuesday, following a statement from the Swedish Central Bank saying that national interest rates would remain at their current level for the near future. The statement ...

Forex News: Chinese Rate Hike

The BOE’s Dilemma; Tackling High Inflation or Lack of Growth

U.K. inflation exceeded the government’s 3% limit for a seventh month in September according to a CPI report released today. The rate is well above the 2% goal set by the Bank of England, adding to the debate over the ...

What can be Expected Next from the ECB and BOE?

Can we expect further surprises from leading Central Banks after the surprise announcement by the BOJ yesterday? Quite likely. Tomorrow the European Central Bank and the Bank of England are expected to deliver their rate statements, and while a change ...

Is a Currency War Looming?

The Bank of Japan surprised the financial markets Tuesday by announcing a 35 trillion yen ($418 billion) monetary easing program as well as stating it would cut its key overnight call rate to a range of 0.0%-0.1% for the foreseeable ...

GBP in the Spotlight with Asset Purchase Facility and Official Bank Rate

The EUR has been falling against a number of its currency rivals over the past day-and-a-half due to a sudden rise in risk aversion. However, yesterday’s successful debt auction in Poland and Portugal helped add a minor boost to the ...

EUR Straining Under Renewed Debt Concerns

The euro dropped against the majority of its currency counterparts today as sovereign debt concerns returned. The bank stress tests performed over the past few months showed data favorable to the region, but new reports have highlighted the inherent weakness ...