Wednesday, June 8th, 2011
Click here to visit ForexYard On Tuesday the US Federal Reserve Chairman Ben Bernanke made a statement that many traders and market analysts predicted, suggesting that interest rates will remain low for the foreseeable future. Bernanke’s comments hurt the US dollar, with the Greenback trading down against most major currencies at ForexYard and other trading [...]
Thursday, May 12th, 2011
Click here to visit ForexYard Today the Bank of England boosted the pound at ForexYard, where traders witnessed the EUR/GBP fall over 1 per cent on the day to 87.05p, its lowest price since March 24th. There are two major reasons for the sudden drop in the EUR/GBP currency pair. Firstly, the Bank of England [...]
Tuesday, April 19th, 2011
Click here to visit eToro Today Forex traders at eToro and other leading online Forex brokers watched the euro battle in the face of adversity. News broke today that Greece was struggling with its current debt repayment arrangement and have suggested that they may have to restructure the repayments. This should have destabilised the euro [...]