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Economic NewsUSD – Existing Home Sales Falls in February; Stocks End HigherThe greenback ended stronger yesterday against the EUR, after the EUR made an attempt to rebound a day before yesterday and the EUR/USD pair is now currently trading at 1.3451.The support to the USD against other currencies came as a result of approving the [...] Read More »
Economic NewsUSD – Dollar’s Rally ContinuesThe Dollar extended gains against most of its major counterparts after a report showed new orders for long-lasting U.S. manufactured goods rose for the third straight month in February. As a result, the USD finished yesterday’s trading session 100 pips higher against the GBP at the 1.4890 level. The greenback [...] Read More »
Volatility for Sterling Forecasted Following UK IndicatorsSterling traders can expect a busy trading day today as the U.K Nationwide HPI and Current Account reports are likely to shake up the market. The reports, scheduled for 06:00 GMT and 08:30 GMT respectively, may provide the Pound with the necessary momentum to make [...] Read More »
Economic NewsUSD – USD at a 10 Month High versus the EURThe Dollar reached a 10-month high versus the EUR yesterday after European Central Bank President Jean-Claude Trichet said any involvement of the International Monetary Fund in a rescue plan for the region is, “very, very bad.” The Dollar was further boosted by positive economic [...] Read More »

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World News Briefs is a collection of interesting news collected from around the world on the internet .