Swedish Consumer Confidence at 10-Year High; SEK Climbing
August 31, 2010 3:35 pm by Greg HoldenThe Scandinavian economies have seen a modest boom over the past several months in relation to their southerly neighbors. Europe’s debt woes have persisted in making investments in the euro zone less stable, driving a large amount of investment into ...
Forex Video News-Risk Aversion Persists in Market
August 31, 2010 11:34 am by Dan EduardThe safe-haven yen continued to dominate over its riskier currency counterparts, while CFD's tumbled in overnight trading.
BOJ Easing Program Fails to Halt the Yen’s Appreciation
August 31, 2010 5:13 am by Russell GlaserThe Bank of Japan pledged 10 trillion worth of new loans in the local currency to Japanese financial institutions. However, traders scoffed at this initiative and continued to bid up the yen. Perhaps only direct intervention by the BOJ will ...
Forex News: USD Rising on Positive Growth Forecasts?
August 13, 2010 4:28 am by Greg HoldenThe U.S. dollar has been rising for the past four days against most of its currency counterparts following statements by the Fed that measures will be taken to counter recent weakness. Market data has perked up slightly as a result ...
EUR Rises Above $1.30 before Consumer Confidence Reports
July 27, 2010 10:37 am by Natalie R.Positive economic data as well as optimistic earnings reports published lately have boosted demand for riskier currencies, pushing the EUR back above the $1.30 level. Traders should continue following these indicators as a continuation of optimistic news will likely intensify ...
U.S. Inflation Data to Impact Today’s Trading
July 16, 2010 9:11 am by Anton EljwizatThe EUR experienced one of its most bullish trading days in recent weeks on Thursday. The 16 nation currency made significant gains against the majors. Today's U.S. Core CPI data release is set to dominate trading between the dollar and its ...
U.S. Consumer Confidence Set to Shake Up Market
June 29, 2010 8:31 am by Dan EduardWith no news events scheduled today for both the euro-zone or Japan, low volatility in the marketplace is predicted for most of the day. That being said, economic indicators from England and the U.S. could generate some activity this ...
Dollar and Pound Expecting Bullishness Today?
May 25, 2010 7:16 am by Dan EduardYesterday we saw riskier currencies tumble following the latest news to come out of the Euro-Zone. Should European news continue to be negative, traders can expect safe havens like the US Dollar and Yen to continue to make gains in ...
U.S. Building Permits and Consumer Confidence on Tap Today
April 16, 2010 5:20 am by Russell GlaserThe euro dropped and the yen strengthened as Greece inches closer towards receiving financial aid from both the EU and the IMF.
