Forex Trading Signal for 8th November 2013

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Dollar holds gains vs. rivals on Fed taper speculation

The dollar remained broadly higher against the other major currencies on Friday, as growing speculation the Federal Reserve could soon begin tapering its stimulus program continued to support demand for the greenback. During U.S. morning trade, the euro was lower against the...

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Forex - GBP/USD hits 3-day lows as U.K. data, Fed talk weigh

The pound hit three-day lows against the U.S. dollar on Friday, as downbeat U.K. trade balance data continued to weigh on demand for sterling, while speculation the Federal Reserve could begin tapering its bond purchases next month persisted.  GBP/USD hit 1.5973...

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Forex - EUR/USD remains lower after disappointing UoM report

The euro remained lower against the U.S. dollar on Friday, after the release of disappointing U.S. consumer sentiment data, as expectations for the Federal Reserve to soon begin tapering its stimulus program continued to support the greenback.  EUR/USD hit 1.3338...

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U.S. stocks open higher after payrolls data; Dow Jones up 0.13%

U.S. stocks opened higher on Friday, supported by strong U.S. employment data, although the report added to expectations for the Federal Reserve to begin tapering its stimulus program before the year end.  During early U.S. trade, the Dow Jones Industrial Average edged...

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