Name: Ashley Smith
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Bio: Ashley Smith is a Market Strategist with ForexYard. Her combination of political and economic analysis into daily fundamental analysis gives her writings a unique perspective for forex traders. She has helped ForexYard generate more efficient and versatile market analysis which she translates into outstanding customer support and trading advice. Her writings have been published on the ForexYard Trading Blog and affiliate websites. Ashley Smith holds degrees in Economics and Political Science from Brandeis University.
ZAR is Expected to Continue Recent Upward Correction vs. USD
03/9/10 1:11 PM by Ashley SmithThe USD/ZAR pair has been in a downward trend throughout the past week, dropping from 7.8187 to as low as 7.3670. Yesterday, however, saw the beginning of an upward correction, a trend that is expected to continue.
AUD Rises on Market Optimism, Growth in Oil Prices
03/8/10 2:43 PM by Ashley SmithThe Australian Dollar rose to it strongest level since January as concerns eased over Greek budget debt and commodity prices rose. Demand for the AUD and other higher yielding currencies increased after French President Nicolas Sarkozy signaled support for Greece. ...
AUD Maintains Strength Ahead of U.S Non Farm Payroll Data
03/5/10 12:22 PM by Ashley SmithWhile staying lower for most of today’s Asian trading as investors awaited key US employment data, the AUD has recovered earlier losses and is currently back to trading above 90 U.S cents. With no other major news most investors remained ...
Australian Trade Deficit Narrows, Adds to Signs of Economic Recovery
03/4/10 6:01 PM by Ashley SmithAustralia’s trade deficit narrowed in January to A$1.18 billion ($1.07 billion) from a revised A$2.17 billion in December. The better than expected result was due to the growth in exports, particularly of iron ore to China. As China’s economic growth ...
Australian Economy Grows at a Faster than Expected Rate in the 4th Quarter
03/4/10 12:38 AM by Ashley SmithAustralia’s economy grew at a faster than expected rate last quarter, climbing 0.9% from the 3rd quarter. The better than expected result help solidify the notion that the Australian economic recovery is sustainable, underscoring the central bank’s decision yesterday to ...
ADP Employment Change Report on Tap
03/3/10 10:11 AM by Ashley SmithInvestors should focus today on an Automatic Data Processing Inc.'s (ADP's) estimate of Non-Farm Employment Change. In the past, ADP has provided an accurate assessment of what was to come from the actual NFP release two days later. With the ...
Australian Economy Continues to Recover, Expectation of Interest Rates Hike Mount
02/26/10 4:45 PM by Ashley SmithThe Australian Dollar rebounded slightly in today’s early trading after better than expected results for Private Sector Credit were published. This is a measure of the change in the total value of new credit issued to consumers and businesses. The ...
Greece Woes Continue to Weigh on AUD
02/25/10 2:37 PM by Ashley SmithAustralian business investment advanced 5.5% from the previous quarter, beating investors’ expectations of a 1.5% increase. The growth is another sign the economy continues to strengthen, intensifying investors’ expectations that the central bank will raise interest rates next week for ...
U.S. Data Releases to Drive Today’s Forex Trading
02/17/10 11:19 AM by Ashley SmithThe U.S. is dominating today's news releases for forex trading with quite a few expected today. Furthermore, the release of the FOMC meeting minutes is also likely to provide market volatility. Aside from the U.S, traders should keep an eye ...
AUD Rises on Better than Expected Japanese GDP Data
02/15/10 3:30 PM by Ashley SmithThe Australian Dollar rose against 12 of the 16 most-traded currencies after better than expected Japanese GDP data was released overnight. Gross domestic product in Japan, Australia’s second-largest trading partner, rose at an annual 4.6% pace in the fourth quarter, ...
