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ECB President Mario Draghi stated that the bank is prepared to make "further decisive action" if necessary after stating the it would maintain rates at 0.25%. Read more >>
The aussie took another nosedive against the greenback around the opening of today's Asian session. This came after disappointing Building Permits data for November. Read more >>
The AUD/USD pair closed yesterday's session weakly partially due to the strong greenback. Meanwhile, BoC Governor Poloz’ statement, coupled with a strong greenback drove the USD/CAD pair to levels not seen in more than three years. Read more >>
The greenback ended Monday's trading session weaker after the release of a lower-than-expected ISM Non-Manufacturing Data. Read more >>
The EUR/USD pair opened on a weak note in today's Asian trading at somewhere around the 1.3580 level. One of the reasons for this is the continued weakness of the European Union's (EU) economy as a whole. Read more >>
It’s a new year and a new week in trading, and we return with our regular fx trading news and updates. Read more >>
The combination of the beginning of the Fed's QE program and weak European data sent the EUR/USD pair tumbling down in yesterday's trading. Read more >>
The Fed finally announced that it would cut its bond purchases by $10 billion starting in December. However, Fed Chairman Ben Bernanke said that the pace would remain data-dependent. Read more >>
Reserve Bank of Australia (RBA) Governor Glenn Stevens gave a speech earlier before the House of Representatives' Standing Committee on Economics. However, he said nothing that was already said over the previous weeks. Read more >>