The forex rate of US dollar against Euro went up in the forex market as American economic data was much better than expectation. US non-farm unemployment decreased much on January in 2011, so the forex investors have more confidence on the measures for economic prospects by Federal Reserve. Meanwhile, the forex investors hoped that Federal Reserve could reduce the scale of the second round of Quantitative easing policy.

In addition, the forex rate of Euro versus US dollar went down...

Euro and Great Britain pound went down on the morning session in the forex market today(Feb.15,2011). Today the forex market was so unquiet as a serious of important economic data had been issued. Forex analyst pointed out that US dollar would continue to rise as the trend of forex market was as the same as expectation.

It was predicted that British CPI would increase to 4.0% on January. Bank of England would raise interest rate to restrain inflation.

Bank of England...

The spot gold price went up sharply on Friday(Jan.28,2011), which meant that the invstors’ risk aversion increased. The gold price increased from 1.3010 to 1.331 in the international market.

The analyst pointed out that the debt crisis in Euro zone didn’t be solved, which weakened Euro. Meanwhile, European and United States stock markets sharply lower across the board, which increased the investors’ risk aversion further.

Carl Firman, the analyst from VM Group, said...

Bank of Japan announced interest rate resolution today(Jan.25,2011). BoJ kept interest rate unchanged at 0-0.1% and kept their assessment of the economy unchanged as before.

Bank of Japan predicted that Japanese annual gross domestic product would increase by 3.3% on March in 2011 and Japanese GDP would increase by 2.1% on October this year.

Recently the price of commodity rose sharply, so BoJ would raise estimate of GDP growth on April.It seemed like that Japanese...

The data from China Foreign Exchange Trade System released that the forex rate of US dollar agaisnt Chinese yuan traded at 6.5896 yuan today(Jan.14,2011), which decreased 101 basic points.

USD versus RMB went down as the number of people filing for initial jobless claims in America rose accidently.

EUR/CNY traded at 8.7866 yuan; GBP/CNY was 10.4392;CNY/MYR was 0.46375 ringgit.