FOREX NEWS


18/Nov/2010 11:44 GMT+7
British Pound Losing Fundamental Support As Debt Crisis Weighs, Will Bullish Trend End?
The GBP/USD has regained its footing after yesterday’s collapse that came on the heels of dovish comments from BoE Governor King. The head of the MPC reaffirmed the central bank’s outlook for inflation to fall back to target levels and left th

18/Nov/2010 10:03 GMT+7
GBP/USD: Trading the Change in U.K. Public Sector Net Borrowing
As the new coalition in the U.K. takes unprecedented steps to address the budget deficit, the record pace of expansion in public sector borrowing is expected to taper off, and a drawdown in public finance could spark a bullish reaction in the British Poun

18/Nov/2010 06:51 GMT+7
Swiss Franc Halts Losing Streak, Canadian Dollar Lags Behind
After losing ground against the greenback for eight consecutive days, the Swiss Franc finally bounced back against its U.S. counterpart on Wednesday, while the Canadian dollar pared the overnight advance to hold relative flat during the North American tra