Forex News and Rumors

Japan to Commit More Money to Economic Stimulus Plan

Promising to provide more details by the end of the week, Japan’s Finance Minister Kaoru Yosano, announced today that his government would add another 10 trillion yen ($99bn) to the 12 trillion yen already committed to Japan’s economic stimulus plan. More

Eurozone Annual Retail Sales Drop 4%

Retail sales in the eurozone continued to suffer as rising unemployment have forced consumers to curtail their spending. More

Bank Stocks Help Prop Up British Pound

Sterling gained on the dollar this morning on growing optimism that the worst of the UK banking crisis has passed. More

Oil on the Rise om Investor Optimism

Following a month of global market gains, investors pushed the price of crude to $53 a barrel in London Monday morning. More

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