(RTTNews.com) – The U.S. dollar traded lower against other major currencies in the Asian session on Monday as investors reduced holdings of the currency on easing worries about the eurozone economy and a rate cut by the Chinese central bank. Eurozone finance ministers will meet in Brussels today to decide on 130 billion euros in [...]

February 18, 2012, 6:31 AM EST By Emma Charlton Feb. 18 — The pound gained versus the dollar, euro and yen this week as the Bank of England increased its inflation forecasts, prompting speculation policy makers will refrain from further expanding their bond-purchase program. Sterling climbed to a three-month high versus Japan’s currency after a [...]

February 14, 2012, 8:01 PM EST By Emma Charlton Feb. 14 — The pound dropped the most in a month against the dollar after Moody’s Investors Service said the U.K. risks losing its top-grade credit rating should the economy deteriorate. Sterling weakened versus 12 of its 16 major counterparts after the rating company said late [...]

– Pound gains ground as Bank of England sounds cautiously optimistic note – BOE announces extra GBP50 billion in asset purchases, as expected – Broader currency moves driven by Greek news with a deal still awaited By Jessica Mead Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- Sterling strengthened in European trading hours Thursday after the [...]

January 31, 2012, 8:51 PM EST By Lucy Meakin Jan. 31 — The pound strengthened to a 10-week high against the dollar as optimism European leaders are moving closer toward resolving the region’s debt crisis damped demand for the relative safety of the greenback. Sterling headed for its strongest monthly gain versus the dollar since [...]

February 04, 2012, 6:34 AM EST By Lucy Meakin Feb. 3 — The pound strengthened for a third week against the dollar, the longest run of gains against the greenback since October, as gauges of manufacturing and services output beat analyst estimates. Sterling also appreciated versus the euro as data showed consumer confidence rose to [...]

February 03, 2012, 11:27 AM EST By Lucy Meakin Feb. 3 — The pound rose against the dollar, extending a third weekly advance, after a gauge of services activity unexpectedly climbed to a 10-month high in January. U.K. two-year notes advanced for a second day after the Treasury sold 3.5 billion pounds ($ 5.55 billion) [...]

NEW YORK — The euro jumped to a six-week high against the dollar after a European official said that Greece is close to reaching a deal with creditors to lower its debt. Traders also sold the dollar after the government said that the U.S. economy grew at a slower pace in the fourth quarter than [...]

Currency GMT EDT Release Expected Prior USD 15:00 10:00 Pending Home Sales (MoM) (DEC) -1.0% 7.3% USD 15:00 10:00 Pending Home Sales (YoY) (DEC) – 6.9% USD 15:00 10:00 House Price Index (MoM) (NOV) 0.0% -0.2% USD 15:30 10:30 DOE U.S. Crude Oil Inventories (JAN 20) 1450K -3438K USD 15:30 10:30 DOE U.S. Gasoline Inventories [...]

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JEDDAH: The drop in the euro (EUR) and the British pound (GBP) against the US dollar (USD) in recent weeks has propelled oil prices to near record levels in key European currencies. As a result, energy consumers in various parts of the world are now faced with extremely high and potentially unaffordable oil prices, according [...]

FXEmpire, My Forex Trading Hub FXEmpire.com offers daily analysis, up-to-date news, charts, in-depth technical studies and a massive Forex brokers section. EUR/CHF Forecast Technical Analysis EUR/CHF fell for the Tuesday session as traders seem intent on testing the resolve of the Swiss National Bank. The SNB has a “floor” in this pair at the 1.20 [...]