Latest Articles

Need for safe haven increases demand for gold
By: HotForex - 22 October 2014

Since the International Monetary Fund (IMF) lowered its estimation for global growth for 2015, the equity markets have seen a sizeable correction. Last week, before the correction in stock indices was reversed, over $3.2 [...]

EURUSD pushing lower in the European session. CPI data from the United States on focus.
By: HotForex - 22 October 2014

EURUSD dropped yesterday and closed at 1.2715. Reports from different sources emerged that the European Central Bank is planning to expand its asset purchase program by doing corporate debt purchases. Data from the United [...]

Apple results lead the rest of the market higher
By: HotForex - 21 October 2014

Yesterday big stock market news came from tech sector as two giants Apple and IBM announced their third quarter results. IBM said Q3 revenue fell for the 10th consecutive quarter and commented that it [...]

EURUSD holding below the 1.2800 level in the European session
By: HotForex - 20 October 2014

EURUSD dropped on Friday and closed at 1.2757. The Governing Council Member of the European Central Bank Ewald Nowotny that the economic growth outlook of the Eurozone may be slashed for 2015 from its [...]

U.S. Dollar mostly on the bid on a quite start into the week
By: HotForex - 20 October 2014

USD/JPY traded higher continuing into the uptrend performance of the last couple of days of last week, and the pair is now trading just above 107. On the daily chart the pair seems to [...]

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