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 ...
EUR Stages Recovery Following EU News
January 31, 2012 4:08 pm by Dan EduardNews that euro-zone leaders came to an agreement to set up a permanent bailout fund lifted the euro throughout today's trading session. While Greece still has yet to come to an agreement with its creditors regarding a debt-swap deal, ...
Dollar Stages Upward Correction Following Poor Euro-Zone News
January 30, 2012 4:44 pm by Dan EduardThe USD came off a six-week high against the euro in trading today, after news that Greece had once again failed to come to reach a debt swap deal with its creditors. Earlier in the day, the EUR/USD reached ...
Fed Decision Turns USD Bearish
January 26, 2012 5:34 pm by Dan EduardThe US dollar turned overwhelmingly bearish throughout yesterday’s trading session, following the Fed announcement that US interest rates would remain at their current levels for at least the next two years. The greenback took further losses after the weekly ...
Positive Euro-Zone Indicators Fails to Boost EUR
January 24, 2012 4:11 pm by Dan EduardOngoing concerns regarding the prospect of Greece defaulting on its debt, as well as fresh worries regarding Portugal’s debt caused the euro to tumble vs. the US dollar in today's trading. Investors once again reverted back to the safe-haven ...
