The forex markets are basically confined in tight range as economic data released today provide little inspiration. US ADP employment report showed 91k expansion in the private job market in August, below expectation of 103k while prior month's figure was revised down to 109k. That's not bad number and is ...

Dollar remains soft while risk markets are firm on expectation that Fed will announce new stimulus measures in September. Though, the greenback is just staying in tight range against other major currencies while rally in stocks and commodities is not having much moment. DOW was merely up 20pts overnight and ...

EUR: Despite falling to 1.4385 yesterday on soft EMU data, euro found demand from sovereign names below 1.4400 level and has rebounded since, bids from same parties re-appeared this morning again around 1.4420. As traders await the release of eurozone employment data (starting 7:55GMT) and U.S. ADP employment change (12:15GMT), ...