Forex News: US Personal Income and Spending due for release at 8:30 AM The US Personal Income and Spending data for the month of September is due out at 8:30. The expectation is for Income to rise by a scant 0.1% on the back of 0.5% gain last month. Spending is expected to decline by 0.2%. ......

Forex Trading News: ECB's Draghi on the Wires ECB's Draghi: State interventions must be temporary, not be intrusive; global financial crisis calls for brave, joint actions. - Sees world economic stagnation until at least mid 2009 - Says banks must take every opportunity to increase ... Go...

Forex Trading News: EUROZONE CPI Flash Estimate and Unemployment ... The CPI came out at 3.2% from the previous 3.6%. A drop to 3.2% was forecast. The Unemployment Rate came out at 7.5% from the previous 7.5%. No change from 7.5% was forecast. The EUR did not react to either of these pieces...

Forex Trading News: JPY Back on the Rise Following the BoJ rate cut, the JPY has soared across the board. It looks like traders are once again fleeing the high-yielding currencies as the risk aversion play is apparent across the board. Looking at this BoJ cut, Tsutomu Soma, ... Go to...

Forex Trading News: EURUSD Finds Some Support The EURUSD has dropped as the USD is firming up across the board (except vs. the JPY). The pair has found some support at the 61.8% Fibonacci Retracement level. Go to Full Article

Forex Trading News: BoJ Outlook Report BOJ SEMI-ANNUAL ECONOMIC OUTLOOK: MUST WATCH RISKS OF ACCOMODATIVE POLICY; SEES 2009 GDP GROWTH OF 0.6%- Japan will implement policy appropriately. 2010 GDP Forecast 1.7% - Core CPI median forecast: 0.0% v 1.1% in July report ... Go to Full Article

Forex Trading News: ECB's Quaden on the Wires ECB Quaden: Belgian GDP will most likely be zero than 1% - newspaper interview. - Does not expect depression as seen in 1930's because central banks acted faster and better - Expects inflation to decline further ... Go to Full Article

Forex Trading News: The Bank of Japan Cuts Rates The Bank of Japan has cut their interest rates by 20 Basis Points from 0.50% to 0.30%. A 0.25 Basis Point cut was highly forecast. - Rate decision was by 4-4 vote, first split vote since Nov 2007 - Decision on Lombard rate was unanimous ... ...

Forex Trading News: Economic Calendar (10/31/2008) Friday, October 31, 2008. Go to Full Article

Forex Trading: GBP/JPY Trading in a Range Off the 200 Hour MAVG Reviewing an hourly retracement analysis of the GBP/JPY pair from the 10/20 high to 10/24 low we some interesting levels and ranges develop. The pair has used the 61.8% retracement as resistance and today the 200 hour moving...

USD JPY (Yen) Technical Analysis by iForex.bg On Thursday the Dollar/Yen continued its upward adjustment. Go to Full Article

ECB Looks for Balance by Investica Ltd The Euro should be able to resist heavy losses from current levels as risk fears remain slightly lower. Go to Full Article

JPY - Bank of Japan Cut Interest Rate by 20bp to 0.3% The Dollar rose against the Yen on Thursday, but was little changed against the Euro, after gains in world stock markets and an interest rate cut by the Federal Reserve on Wednesday helped ease the recent flight into the dollar. Adding to...

Forex Market Overview by Dukascopy On Thursday, the dollar and euro strengthened against the yen after market sentiment was bolstered by the Federal Reserve's rate cut. Go to Full Article

Market Update from Trade The News European Market Update: Weak German Retail Sales; Cautious comments from BOJ prompts renewed round of global growth concerns *** ECONOMIC DATA *** - (GE) German Retail Sales M/M: -2.3% v -1.0%e; Y/Y: 1.2% v 3.0% prior