Market Bites & News

Forex Blog & Commentary

Timeless analysis of global currency markets, macro-economic shifts, and forex broker news.

ForexBite Team

Bailouts In Europe Weaken EUR

Last month countries protested the US Central Banks decision to pump $600B into the economy over the next 8 months. As a consequence the dollar dropped against all currencies unanimously. Complaints and pressure would have mounted but for the EMU debt crisis.

Read Article →
ForexBite Team

Bond Buys To Continue From European Central Bank

Through the press conference held by president of European Central Bank they announced the decision to continue with their bond buying program. This news was more or less expected. However, what is concerning is that tenders will be kept at full for as long as required to main...

Read Article →
ForexBite Team

Chinese Economy Flexing Its Muscles

Financial firms lead by those in Hong Kong have over subscribed for the second yuan bond issued in Hong Kong. The $750 million (5 billion yuan) was 10 times over-subscribed. The strong demand is driven by expectations of a further appreciation in the Chinese currency.

Read Article →
ForexBite Team

Euro Session Summarized

UK November manufacturing PMI 58.0, up sharply from 55.4 in October. Much stronger than median forecast of 54.6 and highest read since September 1994 UK Nationwide November house prices -0.3% m/m, +0.4% y/y, little weaker than median forecasts of -0.2%, +0.5% respectively

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ForexBite Team

Fed Report Leads to EUR/USD Daily Highs

The Euro is actually rising against the Dollar after the Federal Reserve releases a massive Loan report about who take what and when from Federal Reserve credit and liquidity facilities. In the last moments the EUR/USD has jumped from 1.3045 to break up 1.3100 level and reach ...

Read Article →
ForexBite Team

Forex Rates In Pakistan-A Synopsis

[](../bites/wp-content/uploads/2011/04/PSAR-MACD-on-EUR-USD.png) Currency swings are prompting regional governments to introduce insurance policies to gradual money flows. Financial institution Indonesia ...

Read Article →
ForexBite Team

Forex Traders Mental Mindset And Emotional Resolute

The subject of forex and currency exchange often brings out technical analysis and ground breaking forex trading techniques. However, you often forget the part your mind plays in making decisions, more often than not overruling the rationale provided by analytics.

Read Article →
ForexBite Team

FXCM IPO Done At $211M

Congratulations to the FXCM team for get a good IPO. Finally forex has entered mainstream. This will give others in the industry a lot of confidence. We should also see a lot of new players entering and start-ups testing the waters. Investors and venture capital s will also ha...

Read Article →
ForexBite Team

Gold Technical Outlook

[](../bites/pound-to-euro-which-way-is-the-currency-pair-moving/topbottom1)Gold outlook remains to the upside as we look for it to move higher towards the 1,424.30 level. However, it will have to hold firmly...

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ForexBite Team

Markets Rebound After Successful Portugal Bond Sale

Wall Street rose today as reignited faith in Europe through the Portugal bond sale and positive economic news in Asia and US came out. The Dow followed European and Asian markets and was up 200 pts at close. The question is – “Is this a temporary buy back from speculators who ...

Read Article →
ForexBite Team

Gold Technical Outlook

[](../bites/pound-to-euro-which-way-is-the-currency-pair-moving/topbottom1)Gold outlook remains to the upside as we look for it to move higher towards the 1,424.30 level. However, it will have to hold firmly...

Read Article →
ForexBite Team

FXCM IPO Done At $211M

Congratulations to the FXCM team for get a good IPO. Finally forex has entered mainstream. This will give others in the industry a lot of confidence. We should also see a lot of new players entering and start-ups testing the waters. Investors and venture capital s will also ha...

Read Article →
ForexBite Team

Markets Rebound After Successful Portugal Bond Sale

Wall Street rose today as reignited faith in Europe through the Portugal bond sale and positive economic news in Asia and US came out. The Dow followed European and Asian markets and was up 200 pts at close. The question is – “Is this a temporary buy back from speculators who ...

Read Article →
ForexBite Team

Chinese Economy Flexing Its Muscles

Financial firms lead by those in Hong Kong have over subscribed for the second yuan bond issued in Hong Kong. The $750 million (5 billion yuan) was 10 times over-subscribed. The strong demand is driven by expectations of a further appreciation in the Chinese currency.

Read Article →
ForexBite Team

Fed Report Leads to EUR/USD Daily Highs

The Euro is actually rising against the Dollar after the Federal Reserve releases a massive Loan report about who take what and when from Federal Reserve credit and liquidity facilities. In the last moments the EUR/USD has jumped from 1.3045 to break up 1.3100 level and reach ...

Read Article →
ForexBite Team

Euro Session Summarized

UK November manufacturing PMI 58.0, up sharply from 55.4 in October. Much stronger than median forecast of 54.6 and highest read since September 1994 UK Nationwide November house prices -0.3% m/m, +0.4% y/y, little weaker than median forecasts of -0.2%, +0.5% respectively

Read Article →
ForexBite Team

Bailouts In Europe Weaken EUR

Last month countries protested the US Central Banks decision to pump $600B into the economy over the next 8 months. As a consequence the dollar dropped against all currencies unanimously. Complaints and pressure would have mounted but for the EMU debt crisis.

Read Article →
ForexBite Team

Forex Traders Mental Mindset And Emotional Resolute

The subject of forex and currency exchange often brings out technical analysis and ground breaking forex trading techniques. However, you often forget the part your mind plays in making decisions, more often than not overruling the rationale provided by analytics.

Read Article →
ForexBite Team

Watch Out! Currency Traders

Economic factors, political conditions and market psychology are the three elements to keep a watch on if one is to be successful. Economic policy comprises government fiscal policy (budget/spending practices) and monetary policy (the means by which a government’s central bank...

Read Article →
ForexBite Team

Why the US Dollar Has Not Crashed?

[](../bites/wp-content/uploads/2010/12/minigold1000fffff-300x219.png)Considering the budgetary deficit and the trade deficit that US is facing the US dollar should have crashed. This was the projection by ma...

Read Article →
ForexBite Team

What Is Range Trading

[](../bites/wp-content/uploads/2011/04/cur_dist.png)Range trading, or range-bound trading, is a trading style in which a financial product (fore example currency or stock) is watched that have either been rising off ...

Read Article →
ForexBite Team

What is a Mini Forex Account?

[](../bites/wp-content/uploads/2011/04/volbasedind.png)A miniature currency account is designed for those new to online buying and selling and those with constrained investment capital. Individuals with much less ...

Read Article →
ForexBite Team

Forex Rates In Pakistan-A Synopsis

[](../bites/wp-content/uploads/2011/04/PSAR-MACD-on-EUR-USD.png) Currency swings are prompting regional governments to introduce insurance policies to gradual money flows. Financial institution Indonesia ...

Read Article →
ForexBite Team

The AUD/USD Trend

AUD/USD has blasted higher today, boosted by renewed risk appetites. It’s hard to get wildly bullish on this pair given the fairly rapid deceleration of Aussie economic stats of late. Looks like the RBA can comfortably stay on hold for the next few quarters…

Read Article →
ForexBite Team

Bond Buys To Continue From European Central Bank

Through the press conference held by president of European Central Bank they announced the decision to continue with their bond buying program. This news was more or less expected. However, what is concerning is that tenders will be kept at full for as long as required to main...

Read Article →
ForexBite Team

The AUD/USD Trend

AUD/USD has blasted higher today, boosted by renewed risk appetites. It’s hard to get wildly bullish on this pair given the fairly rapid deceleration of Aussie economic stats of late. Looks like the RBA can comfortably stay on hold for the next few quarters…

Read Article →
ForexBite Team

Watch Out! Currency Traders

Economic factors, political conditions and market psychology are the three elements to keep a watch on if one is to be successful. Economic policy comprises government fiscal policy (budget/spending practices) and monetary policy (the means by which a government’s central bank...

Read Article →
ForexBite Team

What is a Mini Forex Account?

[](../bites/wp-content/uploads/2011/04/volbasedind.png)A miniature currency account is designed for those new to online buying and selling and those with constrained investment capital. Individuals with much less ...

Read Article →
ForexBite Team

What Is Range Trading

[](../bites/wp-content/uploads/2011/04/cur_dist.png)Range trading, or range-bound trading, is a trading style in which a financial product (fore example currency or stock) is watched that have either been rising off ...

Read Article →
ForexBite Team

Why the US Dollar Has Not Crashed?

[](../bites/wp-content/uploads/2010/12/minigold1000fffff-300x219.png)Considering the budgetary deficit and the trade deficit that US is facing the US dollar should have crashed. This was the projection by ma...

Read Article →