Commentary Articles in Forex and Currencies

Crude oil futures extend gains after Goldman upgrade

Forex Pros - Crude oil futures extended gains on Tuesday, recouping nearly all of Monday's losses after Goldman Sachs raised its oil-price forecast and recommended buying the commodity, while a... Read >>

Belgium NBB business climate tumbles in May

Forex Pros - Belgian business confidence tumbled unexpectedly in May, turning negative for the first time in nine months, official data showed on Tuesday. In a report, the National Bank of... Read >>

Forex - EUR/JPY rises to 2-day high as Greece eyed

Forex Pros - The euro climbed to a two-day high against the yen on Tuesday, but remained vulnerable to fresh losses as ongoing concerns over Greek sovereign debt kept investors on alert. ... Read >>

Forex - Dollar broadly lower as EZ debt jitters continue

Forex Pros - The U.S. dollar was broadly lower against its major counterparts on Tuesday, as the euro found support after a report showed that German business sentiment stabilized unexpectedly... Read >>

Forex - GBP/USD trims gains after Greece rejects austerity plan

Forex Pros - The pound pulled back from a daily high against the U.S. dollar on Tuesday, tracking the euro lower after the leader of Greece's main opposition party rejected the country's new... Read >>

Britain's CBI realized sales fall less-than-expected

Forex Pros - Retail sales in Britain declined less-than-expected in May, industry data showed on Tuesday. In a report, the Confederation of British Industry said the result of its index of... Read >>


Two Factors Drive the Euro

There are two major factors driving the value of the euro; interest rate differentials and the European debt crisis. At this stage, only the debt crisis is having an impact on forex... Read >>

Forex - EUR/USD pulls away from 2-month low, debt woes persist

Forex Pros - The euro pulled back from a two-month low against the U.S. dollar on Tuesday, but remained vulnerable to further losses amid fears that the regions sovereign debt crisis... Read >>

Interactive Brokers

Steady as she goes for the euro

When the single European currency unit was initially launched more than a decade ago it was nicknamed the "toilet currency" by bearish traders full of disdain for its prospects. Their... Read >>

Corn futures hit 2-day low as U.S. crop concerns ease

Futures Pros - Corn futures were down for a second day on Tuesday, as concerns over U.S. crop conditions eased and amid speculation of a slowdown in demand from China, the world's second largest... Read >>

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