Keeping a close eye on both business, politics and general economic news is important for Forex traders whether they are new or seasoned traders. The Euro and the US Dollar have to feature strongly in everyone’s thoughts at the moment as world leaders meet in London to discuss the state of the world’s economy and [...]

Friday January 16, 2009 saw the dollar fall against the euro and the pound as the American government stepped up its work to help out troubled banks and help boost the failing economy.  The euro rose 1.4% to close at $1.3294 and the pound rose to $1.4742 against the dollar.  The dollar also declined against [...]

The 2008 trend of the dollar and the yen rising has continued as both currencies made gains early in trading on Tuesday, January 13, 2009 while global equity markets plunged yet again.  The dollar index traded at 83.536 from its closing number of 8.105 in North America on Monday against a basket of six major [...]

The dollar’s lending rate is not fairing well and it declined to its lowest number in more than 4-1/2 years in Asia on Monday, even though it continued to trade with a wide enough margin over the official lending rates to suggest that maybe cash was not being circulated as freely as it should’ve been [...]

The dollar’s drop from a five week high against the euro is being blamed mainly on speculative reports that show that American retail sales and manufacturing falling as the global economy continues to deepen.  The dollar also fell for the first time in days against the British pound, and Federal Reserve Chairman Ben S. Bernanke [...]