Forex Education for Beginners and Trader Tools
Start Learning Forex and gain the knowledge
Free forex trading tools to make your life easier while trading. Forex Tools.
Economic Calendar All the important events and releases that affect the forex market.
Try currency trading before you commit your money. Our no-risk forex Demo Account is free.
These trading video video tutorials will help you learn about the Forex market.
World's preferred Forex Trading Platform
USD recovered against both the EUR and JPY on Thursday after a top Fed official said the U.S. Federal Reserve could begin easing up on the monetary gas pedal this summer and end its bond buys late this year. "It will take further gains to convince me that the 'substantial improvement' test for ending our asset purchases has been met," John Williams, President of the Federal Reserve Bank of San Francisco, said in remarks prepared for delivery to a luncheon sponsored by the Portland Business Journal.
GBPUSD around 20 pips higher to 1.5260 on BoE's latest forecasts upgrading growth and downgrading inflation. These latest projections, contained in their quarterly Inflation Report, are seen as reducing the change of more quantitative easing, which three members of the monetary policy committee have been voting for during the February to May period. We wait for next week to see the latest minutes and whether these 3 members have maintained this stance.