Price of Crude Oil On the Rise
February 13, 2012 11:27 am by Dan EduardAfter a brief dip in value last week, the price of crude oil rose back up this morning. Fears regarding the possibility of Greek austerity measures not being passed drove prices down toward the end of last week. With the ...
EUR Comes off Two-Month High to Close Out Week
February 10, 2012 1:03 pm by Dan EduardThe EUR/USD came off a two-month high today, following fresh concerns that Greece could soon default on its debt. The pair spiked as high as 1.3322 yesterday, after Greece reached a deal on austerity measures late in the European ...
USD Retreats vs. Riskier Currencies, Sees Gains against JPY
February 9, 2012 4:31 pm by Dan EduardThe US dollar saw a mixed trading day today, as positive news boosted risk taking in the marketplace which led to gains for currencies like the euro and British pound. News that the Bank of England will inject an ...
US Unemployment Claims may Boost Dollar
February 8, 2012 4:17 pm by Dan EduardThe US dollar spent much of the day today range trading against most of its main currency rivals, including the euro, British pound and Swiss franc. Traders were hesitant to bet against the greenback ahead of possible news on ...
USD/JPY Continues to Make Gains
February 7, 2012 3:55 pm by Dan EduardThe US dollar extended its recent bullish run on the Japanese yen today, with the pair reaching as high as 76.85 before staging a slight reversal. In addition to a positive US jobs report from last week, the pair’s ...
Dollar Remains Bullish to Start off Week
February 6, 2012 7:06 pm by Dan EduardThe US dollar was able to extend the boost it received late last week during trading today, as negative euro-zone news fueled risk aversion and sent investors to the safe-haven greenback. Greece’s inability to reach a debt-swap agreement with ...
USD Rallies Following Non-Farm Payrolls
February 3, 2012 4:09 pm by Dan EduardThe USD posted gains across the board on Friday, following the release of a better than expected US Non-Farm Payrolls figure. The US added 243K jobs in January, a significantly better number than the forecasted 150K. The positive ...
Negative Euro-Zone News Gives USD Temporary Boost
February 2, 2012 7:33 pm by Dan EduardFresh concerns regarding Greece’s debt negotiations sent investors to safe-haven assets during the beginning of today's trading session. The news resulted in the US dollar recouping some of its recent losses against the euro. The EUR/USD dropped to ...
Dollar Continues to Tumble against Main Currency Rivals
February 1, 2012 4:36 pm by Dan EduardThe combination of better than expected euro-zone news and a poor US ADP Non-Farm Employment Change figure caused the USD to extend its bearish trend throughout the day today. The EUR/USD shot up well over 100 pips during the ...
Be Prepared! US Non-Farm Payrolls This Friday, February 3rd, 2012
February 1, 2012 4:34 pm by Dan EduardAt FOREXYARD we encourage our customers to be prepared for major market events. As such, you should know that the US Non-Farm Payrolls (NFP) is scheduled to be released on Friday at 13:30 GMT. The NFP is considered one ...
