Latest Forex News

Euro Down as German GDP Falls More than ExpectedFri, 15 May 2009 08:46
The Eurozone single currency declined against all other major currencies today after the news went out that the economy of Germany contracted at a fastest pace in decades last quarter.
Indian Rupee Sells as Indian Elections End with UncertaintyThu, 14 May 2009 09:43
The Indian rupee declined against the U.S. dollar today showing the second bearish day as the country’s parliament elections aren’t easily predictable about the actual winner that will form the new government.
BoE Report on Inflation Spurrs Yen’s GrowthWed, 13 May 2009 11:47
The Japanese yen began to grow today, after a not very good Asian trading session, when the market participants began to react on the British central bank’s report on inflation and to favor the secure assets and currencies.
Euro Reaches 7-Week High on Chinese Investing ImprovementsTue, 12 May 2009 08:18
After the European Central Bank policy makers’ affirmation that rates will be maintained on hold, the euro reached a 7-week high against the dollar.