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FX Street Forex News

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DailyFX Forex News

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ForexTV Forex News

  • Weekend Financial Times: “Japan signals second tax hike will go ahead”
    From the FT over the weekend “Japan signals second tax hike will go ahead”, on an interview with Japan’s economy minister Amari. He said  said a “second increase in taxes was “necessary” to meet rising costs for social security and to prevent a collapse in confidence in … The post Weekend Financial Times: “Japan signals second tax hike will go ahead” appeared first on ForexTV.
  • Bank of Canada Governor Stephen Poloz comments over the weekend
    Seems like everyone had a few things to day on the weekend in Cairns at the G20-fest. G20 Communique Finance Minister Lou Jiwei – China will not dramatically alter its economic policy German finance minister Wolfgang Schaeuble – ESM not there to finance investment Bundesbank President Jens Weidmann: … The post Bank of Canada Governor Stephen Poloz comments over the weekend appeared first on ForexTV.
  • How to lose £50,000 in a currency trading ‘fund’
    A cautionary tale similar to others I’ve seen before, and, sadly, that I’ll see again: Ryan Johnson was promised fail-safe returns of at least 7pc a month, tax free, on any investment above £6,000 In a currency investment scheme He gave… The post How to lose £50,000 in a currency trading ‘fund’ appeared first on ForexTV.
  • Bundesbank President Jens Weidmann: “No fiscal stimulus is needed from the German perspective”
    Bundesbank President Jens Weidmann, speaking to  reporters in Cairns, Australia at the G20 meeting over the weekend said the leeway governments have for economic stimulus through fiscal policy is often more limited than commonly believed: Fiscal leeway “is usually much smaller than many think”  “It is limited by European rules, national rules, it is impacted… The post Bundesbank President Jens Weidmann: “No fiscal stimulus is needed from the German perspective” appeared first on ForexTV.
  • New Zealand – Q3 Westpac Consumer Confidence: 116.7 (vs. 121.2 prior)
    The New Zealand  Q3 Westpac Consumer Confidence has come in at  116.7 (vs. 121.2 prior). Given we get the ANZ consumer confidence index each month the quarterly data is not a high priority market focus. The latest read for this for September at +1.8% … The post New Zealand – Q3 Westpac Consumer Confidence: 116.7 (vs. 121.2 prior) appeared first on ForexTV.
  • German Finance Ministry monthly report – tax revenue rising, moderate GDP growth expected
    The German Finance Ministry monthly report is out, with headline info on it crossing on the Bloomberg: Underlying growth ‘still intact’ een though the economy shrank 0.2% in Q2 ‘Moderate’ GDP growth can be expected in H2 provided geopolitical risks don’t escalate Moderate CPI developments – don’t’ see danger of deflation The post German Finance Ministry monthly report – tax revenue rising, moderate GDP growth expected appeared first on ForexTV.
  • German finance minister Wolfgang Schaeuble – ESM not there to finance investment
    German finance minister Wolfgang Schaeuble spoke over the weekend (at the G20 summit in Cairns, Australia): Said it was not task of ESM (European Stability Mechanism) to finance investment, that the fund’s purpose was only to help countries in trouble and to boost confidence, not to boost… The post German finance minister Wolfgang Schaeuble – ESM not there to finance investment appeared first on ForexTV.
  • FOREX TECHNICAL ANALYSIS: USDJPY Technical analysis strategy and charts for the current week
    A technical analysis look at the USDJPY. For an analysis of the charts and the key technical levels that will help to define the trading trend in the new trading week starting September 22, 2014 The post FOREX TECHNICAL ANALYSIS: USDJPY Technical analysis strategy and charts for the current week appeared first on ForexTV.
  • Deutsche Bank foreign exchange trader reportedly sacked over inflated trades
    The Aussie press this morning has some breaking news … from June … A Deutsche Bank foreign exchange trader has been sacked Is under investigation for inflating trades Said to be up to $5 million in losses Its in the … The post Deutsche Bank foreign exchange trader reportedly sacked over inflated trades appeared first on ForexTV.
  • ECB’s Cœuré says it is “way too early to tell” if more ECB stimulus required
    Benoît Cœuré, speaking to reporters in Cairns, Australia said the ECB will take time to assess the impact of stimulus measures announced over the past three months: “We will judge the combined effects of the measures, the measures of June and the … The post ECB’s Cœuré says it is “way too early to tell” if more ECB stimulus required appeared first on ForexTV.

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TFN Forex News

  • Fears of China’s Slowdown Push Aussie Lower
    The Australian dollar dipped today together with other growth-related currencies due to concerns about potential slowdown of economic expansion in China. Fears of slowing growth hurt the Aussie both directly and indirectly, pushing prices for commodities lower.(…)Read the rest of Fears of China’s Slowdown Push Aussie Lower (64 words) Posted on Forex News. The post Fears of China’s Slowdown Push Aussie Lower appeared first on Forex News.
  • Fundamentals Prevent NZD from Rallying
    The New Zealand dollar attempted to rally today but failed and slid below the opening level. Economic data from New Zealand was not particularly supportive for the currency, and concerns about tomorrow’s manufacturing report from China further eroded bullishness of the kiwi.(…)Read the rest of Fundamentals Prevent NZD from Rallying (97 words) Posted on Forex News. The post Fundamentals Prevent NZD from Rallying appeared first on Forex News.
  • Referendum Week Turns Positive for Sterling
    The Great Britain pound demonstrated solid performance this week as traders were betting on Scotland staying in the United Kingdom after the referendum about independence. Another important event this week was the Federal Reserve policy meeting that gave boost to the US dollar.(…)Read the rest of Referendum Week Turns Positive for Sterling (133 words) Posted on Forex News. The post Referendum Week Turns Positive for Sterling appeared first on Forex News.
  • Malaysian Central Bank Keeps Rates on Hold, Ringgit Drops
    The Malaysian ringgit fell today, heading to the biggest weekly drop since August, after the nation’s central bank refrained from changing its monetary policy and kept the benchmark Overnight Policy Rate unchanged.(…)Read the rest of Malaysian Central Bank Keeps Rates on Hold, Ringgit Drops (73 words) Posted on Forex News. The post Malaysian Central Bank Keeps Rates on Hold, Ringgit Drops appeared first on Forex News.
  • Scotland Rejects Independence, Pound Erases Gains
    The Great Britain pound wiped out its earlier gains after the results of a referendum showed that people of Scotland decided to remain in the United Kingdom. The currency was rising previously as traders were counting exactly on this outcome.(…)Read the rest of Scotland Rejects Independence, Pound Erases Gains (75 words) Posted on Forex News. The post Scotland Rejects Independence, Pound Erases Gains appeared first on Forex News.
  • Sterling Jumps on Speculations Scotland Will Remain in UK
    The Great Britain pound demonstrated solid gains at the previous trading session as well as at the current session, though retreated a bit from today’s highs. The currency was lifted by speculations that Scotland will remain a part of the United Kingdom after yesterday’s referendum.(…)Read the rest of Sterling Jumps on Speculations Scotland Will Remain in UK (78 words) Posted on Forex News. The post Sterling Jumps on Speculations Scotland Will Remain in UK appeared first on Forex News.
  • US Economic Indicators Lead to Mixed Performance of USD
    The US dollar consolidated against the euro today after dropping yesterday. The currency also sank versus the Great Britain pound at the previous trading session and continued to fall at the current session. The greenback extended its rally against the Japanese yen.(…)Read the rest of US Economic Indicators Lead to Mixed Performance of USD (124 words) Posted on Forex News. The post US Economic Indicators Lead to Mixed Performance of USD appeared first on Forex News.
  • Norges Bank Plans No Interest Rate Cuts, Krone Jumps
    The Norwegian krone jumped after Norway’s central bank refrained from an interest rate cut at today’s policy meeting. What is more, bank’s chief Oeystein Olsen hinted at a possibility of an interest rate hike after 2015.(…)Read the rest of Norges Bank Plans No Interest Rate Cuts, Krone Jumps (54 words) Posted on Forex News. The post Norges Bank Plans No Interest Rate Cuts, Krone Jumps appeared first on Forex News.
  • Swiss Franc Jumps as SNB Keeps Policy Unchanged
    The Swiss National Bank refrained from loosening its already very accommodative monetary policy even further at today’s policy meeting, resulting in big gains for the Swiss franc. The currency rallied even though the central bank suggested that it may intervene in case economic conditions continue to deteriorate.(…)Read the rest of Swiss Franc Jumps as SNB Keeps Policy Unchanged (100 words) Posted on Forex News. The post Swiss Franc Jumps as SNB Keeps Policy Unchanged appeared first on Forex News.
  • New Zealand Economic Growth Lifts NZD
    The New Zealand dollar advanced today with the help of a positive report about nation’s economic growth. The kiwi managed to reverse earlier losses and rally versus its US counterpart but is far from erasing yesterday’s huge drop.(…)Read the rest of New Zealand Economic Growth Lifts NZD (99 words) Posted on Forex News. The post New Zealand Economic Growth Lifts NZD appeared first on Forex News.