Author: Irit Rutenberg

By ForexMansion.com   The AUD/NZD still seems to be lost, and doesn’t have much strength in one direction or another. Both of the pairs have been strong as of late, and this chart shows that the markets simply can’t pick a...

By ForexMansion.com The Australian dollar strengthened versus major currencies, especially against the U.S. dollar, after Australia recorded a trade surplus of A$1740 million during the month of March, from a previous deficit of...

By ForexMansion.com The USD/JPY pair advanced slightly after the American dollar continued its upside movement against the euro and other major currencies. The Japanese yen is witnessing a correctional movement versus the dollar...

By ForexMansion.com The AUD/NZD moved higher and returned to trade again within a tight range, as AUD and NZD are trading in consolidation area against the greenback. The pair’s movements tend to the upside, depending on...

By ForexMansion.com   Greece’s credit troubles continue to weigh on investors after S&P yesterday cut the nation’s credit rating for the fourth time since April last year, and said that further restructuring is...

By ForexMansion.com The New Zealand currency fell against the majors as the New Zealand’s budget deficit was wider than forecasts in the nine months through March after the strongest earthquake in 80 years prevented some...

By ForexMansion.com   The USD/CAD pair was slightly higher on Monday after the S&P lowered the credit rating for Greece, which pushed investors away from risky assets, overshadowing rising commodity prices, which pushed the...

By ForexMansion.com   Mixed sentiments dominated global financial markets on Monday, where rising commodity prices helped in restoring confidence, nevertheless, fears from the European debt crisis overshadowed investors’...

By ForexMansion.com   Today, with the release of some inflation data from the United Kingdom as detailed PPI data are due at 08:30 GMT the UK ends its data release this week. However, more concentration will be on US data as the...

By ForexMansion.com The EUR/USD moved strongly to the downside on Thursday after Trichet’s press conference as he refrained from the phrase “strong vigilance” signaling postponed rate hikes beyond June. Investors have been very...