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US Session: Orders and Options

US Session: Orders and Options Watch

GBP: The dovish BOE MPC vote outcome, 2 members voted for more QE, hammered the British pound, stops below 1.5750-60 and 1.5700 were triggered and more stops below 1.5650 and 1.5640 are now in focus,
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Mid-Day Report: Sterling Tumble

Mid-Day Report: Sterling Tumbles after BoE Minutes, Euro Directionless

Sterling was sold off sharply earlier today after BoE minutes unexpectedly revealed that two policy makers favored more expansion in the asset purchase program. GBP/USD is back pressing 1.57 level whi
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Daily Report: Yen Selloff Conti

Daily Report: Yen Selloff Continues as Crude Oil Extends Rally

Market's focus is turning back to yen selling today as USD/JPY breaches 80 psychological level. BoJ's ultra easing monetary policy is factor that contributes recent weakness in the Japanese yen and is
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European Session: Orders and Op

European Session: Orders and Options Watch

EUR: The single currency remained confined within a relatively narrow range in part due to cross-trading against both yen and sterling, profit-taking activities after the 130 billion euro Greek bailou
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Trading the foreign currency market, or the Forex Market, as it is commonly known, is the most developed financial market in the world. The Forex Market is not concentrated in any one exchange, rather the vast majority of forex trades are private deals between two parties in what is known as an 'Over the Counter' or OTC market. The currencies are traded and quoted in pairs such as Euro/U.S. Dollar or U.S. Dollar/Japanese Yen, where a deal is the combination of selling one currency while buying another currency at the same time.