ADP Non-Farm Employment Change to Impact Trading
September 30, 2009 7:00 am by Dan EduardThe Dollar experienced in most cases a bullish trading day on Tuesday, as it rose against the EUR, the JPY and the CHF. With regards to the British Pound, the British currency made inroads into the USD, EUR and JPY.
Crude Oil Drops Close to $5 Since Friday
September 14, 2009 10:16 am by Yan PettersIt is very clear that the most radical trend in the market at the moment is the sliding price of crude oil, which fell from its week high of $72.87 to $68.03.
Crude Oil Inventories Expectations
August 26, 2009 10:15 am by Natalie R.The Energy Information Administration (EIA) is due to release its closely watched report on oil inventories today at 14:30 GMT, with analysts expecting a drop of 2.7 million barrels in crude inventories in the week ended Aug. 21.
CB Confidence Could Solidify Week’s USD Trends
August 25, 2009 10:00 am by Natalie R.As world stocks leveled off yesterday, currencies felt mixed results. Summarizing yesterday, we can say that the GBP lost, the EUR gained, the JPY gained more, and the USD was mixed. These trends may crystallize after today's CB Consumer Confidence ...
Week’s Leading Indicators to Boost Volatility
August 24, 2009 11:27 am by Yan PettersU.S. CB (Conference Board) Consumer Sentiment (Tuesday 14:00 GMT): This is a survey of about 5,000 household which asks respondents to rate the relative level of current and future economic conditions. As such, it is a leading indicator of consumer spending. ...
EUR and Crude Oil Up at Week’s Start
August 24, 2009 11:17 am by Dan EduardThe European currency experienced a very bullish session last week. The EUR gained significantly vs. a number of its most traded currency rivals. This includes the USD, GBP and the JPY. Crude Oil also went through a turbulent, but bullish trading ...
GBP and Crude Oil to Drive Trading
August 19, 2009 8:15 am by Dan EduardThe British Pound experienced one of its most bullish trading days in recent weeks on Tuesday. The GBP made significant gains against many of its most traded currency pairs, such as the USD, EUR and JPY. With regards to Crude Oil, ...
Dollar Strengthens Whilst Crude Oil Declines
August 17, 2009 3:12 pm by Dan EduardPrior to the weekend, the market trend reversed as the Dollar recovered almost all its weekly losses against the EUR. This means that traders who missed out on this trend may now have their last chances to enjoy some of ...
Crude Oil Downward Trend Set to Continue
August 17, 2009 2:57 pm by Dan EduardThe price of Crude Oil has fallen considerably in the past several trading days. This was despite what we saw as a mini recovery for Crude in the previous month. On the one hand, there is some support for Crude, ...