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Forex Market Commentary

The Canadian Dollar Reaches Parity

By FXCompass — Tuesday, 06 April 2010

Helped by another push in oil prices, the Canadian dollar reached parity with the U.S. dollar on Tuesday for the first time since July 2008.

 

Forex Market Summary — March 28 – April 03

By FXCompass — Sunday, 28 March 2010

Germany and France came to an agreement about the Greek debt financing during Thursday’s EU Summit in Brussels. After weeks of speculation and debate, both countries have finally agreed to back up a potential EU/IMF bailout plan.

 

Events to Watch — March 28 – April 03

By FXCompass — Sunday, 28 March 2010

   

Forex Market Summary: March 21-27

By FXCompass — Sunday, 21 March 2010

Europe is plunged back into uncertainty after Germany shifted its position in favour of an IMF aid rather than a EU bailout. Traders' attention will focus on this week’s EU summit at Brussels where a definitive solution to the Greek deficit problem is expected to emerge.

 

Forex Market Summary

By FXCompass — Monday, 15 March 2010

Favourable U.S. economical data eased risk-aversion since the beginning of March. Better than expected Retail Sales and Unemployment Rate suggest a more sustained U.S. recovery.

   

Events to Watch — March 7-13

By FXCompass — Sunday, 07 March 2010

 

Forex Market Summary

By FXCompass — Wednesday, 03 March 2010

   

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