The British Pound is likely to look past much of the economic calendar to fall in with trends in risk sense as the primary driver of directional s shine again in the week ahead. A trade weighted average of sterling’s value is now 88.1% connectioned  with the MSCI World Stock Index and 90.3% correlated with the Bloomberg/UBS CMCI Commodity Price ...

  Japan’s 3.7 % economic expansion last Q ended the country’s worst postwar recession. The bounce may be as good as it gets. Growth will low to an annual 2.9 % pace in the three months ending Sept. 30, according to the median forecast of 10 economists surveyed after yesterday’s gross domestic product report. Falling business investment and ...

Stock-index futures pointed to a sharply weaker start for Wall Street on Monday, with an unexpectedly upbeat reading on manufacturing activity failing to assuage economic worries. Stock futures lightly pared losses after the New York State manufacturing index climbed to its highest level since Nov  2007, with the reading proving much better than ...

The Bank of Japan kept interest rates unchanged and refrained from unveiling any new measures as policy makers focused on the risk that recent economic improvements will fail to translate into a sustainable recovery. Governor Masaaki Shirakawa and his colleagues held the key overnight lending rate at 0.1 % by a in sync vote, the central bank said i...

The Bank of England warned Thursday that the outlook for economic recovery remained uncertain  so much so that the British central bank largely expanded its attempts at easing the credit squeeze by printing more money. In spite of some encouraging signs of improvement in the European economy and financial markets, the two central banks kept their ...

  More than 80% of currency trading volume is speculative in nature and, as a result  the market frequently overshoots and then corrects.   Also, many of the macroeconomic catalysts and events traders use in the equity or futures markets   including gauging interest rate changes and economic releases   are also integral to forex trading. In ...