Forex News Trader

Australia Keeps Rates on Hold, Says Loose Monetary Policy ''Appropriate'' (Euro Open)

The Australian Dollar fell as the Reserve Bank of Australia kept interest rates on hold at 3% and said that accommodative monetary policy remains “appropriate”,...

GBP/USD SELL Recommendation Issued @1.6450 (Daily Classical)

• Euro remains locked in consolidation • Dollar/Yen stalls ahead of key 91.75 • Cable sell issued at 1.6450 • Dollar/Swiss setbacks seen limited ...

Swiss GDP Contracts Less Than Expected, Manufacturing Expands

The Swiss economy contracted less than expected, with the growth rate falling 0.3 percent from the first quarter amid expectations for a 1.0% drop, and... ...

German Unemployment Unexpectedly Falls in August, Retail Sales Improves

German retail sales rose 0.7% in July after falling 1.3% in the previous month, and the data encourages an improved outlook for future growth as ...

U.K. Mortgage Approvals Jump to 15-Month High, Consumer Credit Falters

The U.K. mortgage approvals rose to a 15 month high to 50.1K in July from a revised reading of 47.9K in June as potential home ...

British Pound Pares Gains as Consumer Credit Falters, Euro Weakens as Unemployment Hits 10-Year High

The British pound failed to push back above the 50-Day moving averaged and pared the overnight advance following the unexpected drop in consumer credit,... ...
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