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Books

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Forex Trading News

Strong Employment Figures and Other Economic Fantasies

Economists are expecting employment numbers to gain again in January, after 200,000 jobs were added to the U.S. economy in December, according to a Bloomberg survey.

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Bullish Traders Speculate that Greek Government will Capitulate

With only hours left for the Greek government to accept the latest conditions to secure the second €130 billion bailout loan, the Euro is under heavy pressure.

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OpenBook traders pay attention to Japan's Azumi

Japanese Finance Minister Jun Azumi warned markets today over the strengthening of the Yen as the USDJPY trades dangerously near 76.00. Azumi said that the current environment of low interest rates in the U.S. is pushing speculators to short the USDJPY.

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Aussie Dollar Lifted by Sentiment and Economic Data

The Aussie Dollar gained against the U.S. Dollar after the release of positive economic reports from Australia. Australian trade surplus increased to 1.7 billion Australian dollars in December.

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OpenBook Traders Bullish on SPX500 after ADP Jobs Report

The private sector ADP report showed that 170,000 jobs were created in the month of January. This completes two years of job gains mostly led by small businesses and the services sector.

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