Commentary Articles in Forex and Currencies

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Bank of Japan intervention leaves trail of blood and gore

The Bank of Japan cut short its planned two-day meeting and went straight for the currency market's jugular, sinking its teeth deep in to the artery and achieving the maximum blood-loss from... Read >>

Forex - USD/CAD jumps to 3-week high after BoJ move

Forexpros - The U.S. dollar was up for a fifth day against its Canadian counterpart on Thursday, jumping to a three-week high after Japan intervened to weaken the yen, while ongoing... Read >>


Italy Destined to Default?

European debt woes have flared up once more this week, with Italy coming strongly into view as a result of its burgeoning debt and sluggish growth. Defying pressure for his... Read >>

Forex - EUR/CHF remains lower after Trichet press conference

Forexpros - The euro remained lower against the Swiss franc on Thursday, after European Central Bank President Jean-Claude Trichet said the bank will extend exiting liquidity measures for six... Read >>

U.S. initial jobless claims fall unexpectedly

Forexpros - The number of people who filed for unemployment assistance in the U.S. last week fell unexpectedly, official data showed on Thursday. In a report, the U.S. Department of Labor... Read >>

Forex - Dollar stays higher after Japan move on strong yen

Forexpros - The U.S. dollar remained higher against all of its major counterparts on Thursday, after Japan intervened in the currency market to quash the strength of the yen and support... Read >>

Forex - EUR/USD eases but remains broadly lower after Japan move

Forexpros - The euro eased off a daily low against the U.S. dollar on Thursday, but remained under pressure after Japan's earlier intervention in currency markets lent support to the dollar and... Read >>


U.S. Jobless Claims and ECB Comments Sway Markets

Initial Jobless claims printed better than expected at 400K versus 404K expected. The kicker is that last week's 398K was revised upward to 401K, meaning that the unbroken... Read >>

European Central Bank keeps interest rate at 1.50%

Forexpros - The European Central Bank kept its benchmark interest rate unchanged for the second consecutive month in August, it announced on Thursday. The ECB said it was maintaining the... Read >>

Forex - GBP/USD trims losses while BoE keeps rates on hold

Forexpros - The pound trimmed losses against the U.S. dollar on Thursday, as the effects of Japan's currency intervention began to wane, while the Bank of England left interest rates unchanged... Read >>