Forex Market Commentary
The CAD Inches Away From Parity
By FXCompass — Wednesday, 17 March 2010
The Canadian dollar is only a hundred pips away from reaching parity with the U.S. dollar for the first time since August of 2007.
USD Weakens on FOMC Statement
By FXCompass — Tuesday, 16 March 2010
The dollar lost ground against other majors on Tuesday as the U.S. Federal Reserve remained cautious in its FOMC statement.
U.S. Retail Sales Beat Expectations
By FXCompass — Friday, 12 March 2010
A wave of risk-positive trades swept across the forex markets on Friday when U.S Retail Sales turned out higher than expected.
Dollar Choppy on Mixed Data
By FXCompass — Thursday, 11 March 2010
The dollar still couldn’t find a clear direction in the forex market a few hours after the release of U.S. trade data and unemployment claims.
Dollar Jumps on Jobs Report
By FXCompass — Friday, 05 March 2010
The dollar gains on better than expected U.S. jobs data early in the New York session.
USDJPY Rebounds on Unemployment Claims
By FXCompass — Thursday, 04 March 2010
Better than expect U.S. Unemployment Claims revitalised the dollar and triggered a technical rebound on the USDJPY.
Will the CAD Reach Parity?
By FXCompass — Tuesday, 02 March 2010
The Canadian dollar rose once again after the Bank of Canada released its decision to maintain its overnight rate at 0.25%. Now sitting in the 1.0300 region, the CAD continues its march towards parity against the dollar.
The Yen, Dollar Gain on Risk-Aversion
By FXCompass — Thursday, 25 February 2010
The recovery seems to have been stalling over the last few weeks as unemployment, low inflation, and deficit worries came back to haunt over-optimistic speculators.
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Poll
Interest Rates
 |
US | 0.25% |  |
UK | 0.50% |
 |
EURO | 1.00% |  |
JP | 0.10% |
 |
AUD | 4.25% |  |
CAN | 0.50% |
 |
CH | 0.25% |  |
NZ | 2.50% |