Forex Trading

Action Insight | Written by ActionForex.com | Apr 12 07 13:34 GMT |
Forex Mid-Day Technical Report EUR/USD Remains Firm after ECB on Hold, but EUR/JPY Retreats
Euro remains firm against dollar after ECB kept rate unchanged at 3.75% today as widely expected. Trichet’s comments in the press conference was pretty much the same as […]

Action Insight | Written by ActionForex.com | Sep 14 07 13:28 GMT |
Forex Mid-Day Technical Report Dollar Steady after Retail Sales Report
Market outlook remains unchanged in the early US session. Dollar is still steady after mixed retail sales report. Sterling continued to be pressured by earlier news of on of UK’s largest mortgage […]

Action Insight | Written by ActionForex.com | Mar 21 07 13:54 GMT |
Forex Mid-Day Technical Report USD in Range Ahead of FOMC, GBP Retreats after BoE Minutes
Dollar is still staying in tight range ahead of FOMC announcements. Markets expect Fed to leave the target federal funds rate unchanged at 5.25% today. While no […]

FRANKFURT (Thomson Financial) - The European Central Bank said the weighted average interest rate on accepted bids at today’s main refinancing operation was 3.83 pct, unchanged from last week’s refi operation.
The marginal rate — the lowest rate at which bids were accepted — was 3.82 pct, also unchanged from last week.
Bids were made at rates […]

Action Insight | Written by ActionForex.com | Jan 29 07 14:52 GMT |
Forex Mid-Day Technical Report Weakness in Yen and Sterling Persists
Sterling and Japanese yen remain weak against dollar in quiet trading today. Upbeat CBI distributive trade, what beat expectation of 14 and rising to a reading of 30 in Jan, was ignored […]

Action Insight | Written by ActionForex.com | Dec 21 07 14:38 GMT |
Forex Mid-Day Technical Report Dollar Higher against Yen after Strong Personal Spending
Dollar surges against the Japanese yen in early US session after report shows personal spending in US rose more than expected by 1.1% in Nov, much stronger than expectation of […]