Commodity Prices on the Rise? This Week’s Forecast
February 23, 2009 7:07 pm by Dan EduardThe commodities market has showed mixed results so far this week. Gold and Silver continue to rally, as prices hit highs not seen since July 2008. However, Crude Oil continues to tumble as increasing global economic turmoil and falling demand ...
German Ifo Business Climate – EUR Positive?
February 23, 2009 4:12 pm by Natalie R.The German Ifo indicator is a leading indicator of economic health for German businesses. It is a survey of about 7,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 ...
Mixed Signals Coming from the U.S Economy are Affecting the USD
February 23, 2009 2:22 pm by AylonLast week was an extremely volatile trading session for the greenback. The Dollar first depreciated against most of the major currencies; however, just before the week ended, the USD saw bullish trends at all fronts, driving it back to former ...
European Markets Forecast – Week of 23 February 2009
February 23, 2009 10:48 am by Russell GlaserEUR: This past week the EUR/USD dropped significantly, but after reaching a key technical level the pair reversed to end the week up at 1.2826.
JPY Safe-Haven Status Comes under Threat
February 20, 2009 12:34 pm by AylonThe JPY's safe-haven status came under threat again yesterday, as Japan's economy has become increasingly volatile to the global recession. Japanese equities slid yesterday as exporters reported more bad news owing to the strong Yen.
Dollar Volatility continues as Dow Hits 6-Year Low
February 20, 2009 12:23 pm by AylonThe Dollar recorded another day of volatile trading on Thursday, as the U.S. equity market took a beating. The Dow Jones Industrial Average reached a six year low yesterday. One of the main reasons for this was the U.S. banking ...
What is the U.S. Core CPI ?
February 19, 2009 4:10 pm by Russell GlaserThe Core Consumer Price Index (CPI) is an economic indicator that measures the change in the price of goods and services purchased by consumers, excluding food and energy. The indicator is released on a monthly basis and is seasonally adjusted.
A Technical Point of View on the USD/CAD
February 19, 2009 3:40 pm by Yan PettersHello fellow forex traders. This week I decided to focus on the USD/CAD cross, analyzing the pair from a technical point of view. The first thing I did was to open the daily chart with the Slow Stochastic and the Relative ...
Crude Oil Traders Await U.S. Inventory Data
February 19, 2009 1:05 pm by AylonCrude Oil prices experienced another day of depreciation as the oft-traded commodity dropped below $38 in this morning's early trading session. Oil prices traded down for the second straight day. Much of the bearish movement in Crude Oil can be ...
JPY Corrects as the Currency Falls out of Favor with Traders
February 19, 2009 1:02 pm by AylonThe Yen continued to depreciate as investors are choosing the Dollar over the Yen for a safe haven trade. The JPY fell against the USD and closed around 93.65. Moreover; the Japanese Yen lost almost 150 pips versus the EUR, ...
