Forex Trading Education : Forex Trading Blog by FOREXYARD

Dollar Stronger and Crude Oil Weaker After Morning Trading

Markets were quiet this morning during the European session as Ireland is in the midst of talks with the EU and the IMF. This follows yesterday’s gains in the dollar and pullbacks in equities and commodities.

Forex: Dollar Rises on European Woes

The greenback continues to receive support from both positive US data and the debt strapped nations in Europe. As Ireland, Greece, and Portugal make waves with their struggles to repay their oversized national debts the dollar is the main benefactor.

Inflation Expectations Differ for US and UK

When it comes to inflation, the US stands pale in comparison to its rivals across the pond in Britain.

British Inflationary Data Could Drive Today’s Volatility

The United States, Canada and Japan were all absent from trading yesterday due to bank holidays, which helps explain the low liquidity and thin market conditions yesterday. Today’s broad spread of economic news, however, should provide a fresh injection of ...

As USD Declines, Today’s News May Provide Insights

As the week comes to a close, clients are wondering if the USD’s recent decline will continue. Today’s news events seem to focus primarily on inflation and consumer confidence in the United States. This means we should receive a modest ...

Surprising British CPI Figure Gives Boost to Pound

Following a much higher than predicted result from the British Consumer Price Index (CPI) report, Bank of England (BOE) Governor Mervyn King attempted to calm down investors in a speech earlier tonight. The CPI figures for December indicated a sharp ...

British Holiday Retail Sales Report on Deck

09:30 GMT GBP Retail Sales - Change in the total value of inflation-adjusted sales at the retail level. The report is released monthly. The figure is a leading indicator of the health of the British economy, as it determines ...

Holiday Impact on Forex

Dollar Strength to be Determined by U.S. Unemployment Claims

The U.S. Unemployment Claims report is set to be published from the U.S. today at 12:30 GMT. The previous figure was 521,000 people, but today's figure is expected to marginally rise by 534,000 people. If the final result is higher ...

Canadian Prices Plummet Again

This morning the Bank of Canada (BOC) reported that consumer prices fell by their largest amount in more than 50 years as overall prices fell by 0.9% since last July. The decline in prices was slightly greater than most economists' ...