Latest Articles

EURUSD trading sharply lower after comments from the ECB President Mario Draghi
By: HotForex - 21 November 2014

EURUSD dropped yesterday and closed at 1.2539. Data released yesterday indicated that the German Flash Manufacturing Purchasing Managers Index dropped to a level of 50.0 in November. The German Flash Services PMI also dropped [...]

RBA worried about Chinese Property Market
By: HotForex - 20 November 2014

According to the minutes of the monetary policy meeting of the Board of Reserve Bank of Australia from 4th November, the bank decided to leave the interest rate unchanged at 2.5%. This decision was [...]

EURUSD trading sideways ahead of the CPI and Unemployment Claims data from the United States
By: HotForex - 20 November 2014

EURUSD rose yesterday and closed at 1.2553. The ratings agency S&P warned the European Central Bank about its monetary stimulus program yesterday. According to the S&P the associated with it could potentially lead to [...]

DAX widening top
By: HotForex - 19 November 2014

The main trade partners for Germany are China and the European countries, and none of them are experiencing acceleration in economic growth. Italian and French economies are not performing and this has its impact [...]

Low volatility on EURUSD ahead of the US Building Permits data. FOMC Meeting Minutes on tap today.
By: HotForex - 19 November 2014

EURUSD rose yesterday and closed at 1.2536. The German ZEW Economic Sentiment rose to a level of 11.5 in November registering its first rise since December 2014. The ECB Governing Council Member Klass Knot [...]

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