AUD/USD - Australian Dollar US Dollar, American Session - 06/11/08 0,6792. Go to Full Article

British Pound - Bank of England Unexpectedly Slashes Bank Rate By 150bps To 3.00%, Lowest Since 1955 At 7:00 ET on Thursday, the Bank of England (BOE) unexpectedly slashed rates by 150 basis points to bring the UK Bank Rate down to 3.00 percent, the lowest... Go to Full Article

Euro - European Central Bank Cuts Rates 50bps to 3.25% As Expected, Signals More to Come At 7:45 ET on Thursday, the European Central Bank (ECB) cut rates in line with expectations by 50 basis points to a nearly 2-year low of 3.25 percent.... Go to Full Article

Swiss Franc - Swiss National Bank Unexpectedly Cuts Rates by 50bps to 2.00% Just one minute after the BOE cut rates on Thursday, the Swiss National Bank (SNB) surprisingly came in with a 50 basis point reduction to their 3-month... Go to Full Article

Forex - Asian Session - Buy on the Rumor Sell the Fact The Usd was stronger in the Asian session, as equity markets came under significant selling pressure in the US and Asia. A classic case of buy the rumor sell the fact on the US election. The Eurusd traded lower from 1.3023 to 1.2828,...

Intraday Thoughts - November 6, 2008 Reports point to pretty savvy reading of the markets by some sovereigns with everyone thinking rates cuts and indeed a sharp proactive 150bps move from the Bank of England better pricing was available leading to a quick short squeeze ... Go to Full...

Update - The Bank of England has cut interest rates by 1.50% to 3.00% Update - The Bank of England has cut interest rates by 1.50% to 3.00% Sterling may look to rally following Thursday’s Bank of England interest rate decision with a sizeable reduction likely, but volatility...

UK Slashes Interest Rates By 1.5% - What Effect Will This Have On ... For several months now I've been thinking that the only way we could avert a full-on recession here in the UK is by cutting interest rates to a manageable level such as 2.0 or 2.5% and today the Bank of England finally look...

Market Close: Unimpressed With The Rally Biggest point gain/percentage gain ever on the Dow (^DJI). Impressed? I’m not :( Wish I could be, but when you consider the historic drop we just experienced, this wasn’t totally unexpected. Oversold indicators combined with lower ... Go to...

Forex News: IMF on the wires ROOM TO EASE MONETARY POLICY SHOULD BE EXPLOITED; FINANICAL MARKETS HAVE `ENTERED A VICIOUS CYCLE; CLEAR NEED FOR ADDITIONAL ECONOMIC STIMULUS; GROWTH FORECASTS FOR US, EURO ZONE, JAPAN, CHINA; ALL G-7 ECONOMIES EXCEPT CANADA TO ... Go to Full Article

CHF (Swiss) Forex Technical Review For short-term sells on condition of formation of topping signals the targets will be 1.1640/60, 1.1560/80, 1.1480/1.1500 and/or further breakout variant up to 1.1410/30, 1.1350/70, 1.1270/90, 1.1200/20. Go to Full Article

GBP/USD Technical Analysis The Pound/Dollar tried to make further upward adjustment yesterday. The currency pair broke the resistance at 1.6135, reached a peak of 1.6196, but closes lower at 1.5904. Earlier this morning during the Asian session the British currency continued dropping down,...

iFOREX.bg - Daily Forecast EUR/USD Trading range: 1.2815 - 1.2910 Trend: Upward Buy at 1.2829 SL 1.2797 TP 1.2896 Go to Full Article

Market Overview by Forex Yard Economic News * USD Presidential Election's Finale Shifts Attention to Euro-Zone The U.S. currency has finally retained some gains against the EUR, after a sharp decline for the last two days which saw a decline in value to as low as 1.3059. The greenback...

AUD/USD - Australian Dollar US Dollar, American Session - 06/11/08 0,6792. Go to Full Article