Daily Forex Analysis by Finexo.com 12/11/2009

by Finexo.com | November 12, 2009 9:19 am
GBP   The British Pound Sterling fell across the board on Wednesday, after the Bank of England’s Governor, Mervyn King, said a slide of the Pound could help UK exporters and aid Britain’s recovery from recession. The...

Daily Forex Analysis by Finexo.com 11/11/2009

by Finexo.com | November 11, 2009 8:57 am
GBP   The rating agency, Fitch, declared on Tuesday that Britain is most at risk among the big economies to lose its AAA credit rating. The concern that Fitch outlined was that it was evident that Britain’s...

Daily Forex Analysis by Finexo.com 10/11/2009

by Finexo.com | November 10, 2009 8:23 am
USD   The G20 met on Monday and pledged to keep emergency stimulus spending in place until a global recovery is assured. This moved investors out of the US Dollar and into the higher yielding currencies as...

Daily Forex Analysis by Finexo.com 09/11/2009

by Finexo.com | November 9, 2009 7:57 am
USD   The US unemployment situation worsened to levels unseen since 1983 prompting many traders and investors to seek safe-haven shelter in the Dollar. The number of unemployed Americans rose to 10.2%, a .3% increase from expectations...

Secondary Data

by Finexo.com | November 6, 2009 8:52 am
Retail Sales Measures total receipts of retail stores from samples representing all sizes and kinds of business in retail trade throughout the nation. It is the timeliest indicator of broad consumer spending patterns and is adjusted for...

Prime Data

by Finexo.com | November 6, 2009 8:45 am
Purchasing Managers Index (PMI) The National Association of Purchasing Managers (NAPM), now called the Institute for Supply Management, releases a monthly composite index of national manufacturing conditions. The index includes data on new orders, production, supplier delivery...

The Key to Fundamental Forex Trading

by Finexo.com | November 6, 2009 8:39 am
Knowing what the data means can help you make smarter trades, before and after the data is released. Below are some of the primary pieces of data that successful Forex traders follow.

Daily Forex Analysis by Finexo.com 06/11/2009

by Finexo.com | November 6, 2009 7:53 am
AUD   The Australian Dollar rose modestly on Thursday after Reserve Bank of Australia (RBA) Governor Glenn Stevens, the head of Australia’s central bank, said the country was on headed towards recovery and that spare capacity in...

Daily Forex Analysis by Finexo.com – 05/11/2009

by Finexo.com | November 5, 2009 9:36 am
USD   The US Dollar dropped on Wednesday against most majors after a sharp rise in equities and commodities stole the Dollar’s safe-haven appeal. The downturn happened as investors waited for a policy decision from the US...