About Forex Rate
At Forex Rate our aim is to provide as much free forex trading information as possible.
Our pages are geared towards active currency daytraders and include our online Forex Trading recommendations and information, live Forex charts, live Forex quotes for most currency cross pairs,daily currency trading news and forex forecasts with our free RSS news feed.
We also provide intraday and end of day forex historical data - free for downloading, currency trend charts and a currency converter. Forex Rate provides live information for currency trading. The one stop currency site , e mail us from our contact page.
 |
Up to 5% better exchange rates |
|
Foreign exchangeForex trading
| Sterling trades back above 1.20 |
|
The euro succumbed to month end selling pressures late yesterday and overnight, falling back versus other majors as a result. It fell to lows of $1.3026 versus the dollar as markets also fretted about the lack of a debt deal in Greece as improved sentiment on the back of better than expected data from China had little impact.
There is ta Read more ...
|
| EU Summit dominates the markets |
|
Starting the week on a relatively firm footing versus the dollar, the euro faces some key challenges this week including today’s EU Summit (the 17th in two years), as well as ongoing debt restructuring discussions between Greece and its private sector investors. EU leaders will meet later to finalise the details of a fiscal pact aimed at reini Read more ...
|
| US Dollar gains as Risk appetite dominates the markets |
|
As markets continue to wait the outcome of the Greek debt restructuring talks, attention yesterday turned to the US FOMC meeting. The euro had lost a little ground in yesterday morning’s trading as concerns that the ECB would have to take losses on its Greek bond holdings outweighed a stronger than expected German Ifo index. However, the dolla Read more ...
|
| Australian Dollar at 27 year high against Sterling |
|
After a failed attempt to break through the $1.28 level yesterday, the euro drifted lower in late afternoon trade before regaining some ground overnight. The euro found some support in a better than expected German ZEW index for January, with the survey results coming in well ahead of expectations. This has helped to ease fears about a sharp slo Read more ...
|
| Sterling down / Euro sees Correction / AUD at all time high |
|
The euro rose versus the dollar and the yen in early morning trade with stronger-than-expected GDP figures from China triggering some covering of short positions. China’s GDP growth slowed slightly in the fourth quarter of last year, rising by 8.9% as compared with the same period in 2010. While this was slower than the previous quarter’ Read more ...
|
