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Daily Video Recap (7/23): Stress Tests Releases, But Were They Stringent Enough?

The day's big event was the release of Euro-zone bank stress tests, which were set out to gauge whether Europe's banking sector has sufficient capital, if the economy suffered another more severe shocks than the financial crisis. The results showed 7 banks needed more capital, but questions remain about if the criteria used was too lenient. News Provided by CMS Forex http://www.cmsfx.com Market Analyst: Nick Nasad


Tags: bank, currencies, dollar, economy, euro, exchange, finance, foreign, forex, fx, manufacturing, new, news, orders, services, stress, tests, trading
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Daily Video Recap (2/12/10): Euro Slids on Weak GDP, China Chills Risk Appetite

Friday, February 12th, 2010 Recap: The Euro-zone posted 4th quarter GDP data showing anemic 0.1% growth in the economy. That and lingering problems about the festering Greek debt pressured the Euro to a nine-month low against the Dollar. China said it would raise bank-reserve requirements which hurt risk appetite. News Provided by FXTimes/CMS Forex http://www.fxtimes.com http://www.cmsfx.com Analyst: Nick Nasad Open up a free practice account and start trading Forex today.


Tags: currencies, dollar, economy, euro, exchange, finance, foreign, forex, fx, news, pound, trading, yen
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Daily Video Recap (1/25/10): Pound Stronger in Otherwise Slow Trading

Monday, January 25th, 2010 Recap: The Pound was higher vs its major rivals today, paring its losses from Friday's session. The EUR/USD and USD/JPY stuck to tight ranges, as did most other pairs as traders looked ahead to Wednesday's FOMC decision and Friday's US 4th quarter GDP figures. In fundamental data today, US existing home sales came in sharply lower than expected for December. News Provided by FXTimes/CMS Forex http://www.fxtimes.com http://www.cmsfx.com Analyst: Nick Nasad Open up a free practice account and start trading Forex today.


Tags: currencies, dollar, economy, euro, exchange, finance, foreign, forex, fx, news, pound, trading, yen
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