Euro Continues To Surge and Hits 4-Month High vs. Dollar
March 22, 2011 7:23 am by Anton EljwizatThe two main topics in the market are still the ongoing Japanese nuclear crisis and the conflict in Libya. Over the past few days it has been said that officials have made progress in cooling nuclear reactors at a crippled ...
Yen Slides after G7 Decides to Intervene in Yen’s Trading
March 18, 2011 7:24 am by Anton EljwizatThe Japanese yen continues to dominate economic news. After several days on which the yen appreciated on all fronts, the Group of seven industrial nations has decided to aid Japan by actively intervening in yen’s trading.
News Out of Japan Continues to Dictate Market Movement
March 17, 2011 7:23 am by Anton EljwizatThe USD/JPY fell to a record low during the start of the overnight session, as the aftermath of last week's devastating earthquake and tsunami in Japan continue to generate extreme volatility in the marketplace. The pair dropped over 300 ...
Shifting Risk Sentiment Creates Volatile Trading Conditions
March 16, 2011 6:58 am by Anton EljwizatFollowing yesterday’s heavy news day, currency values appear to be experiencing wide swings in value. The US went bullish versus most of its currency rivals, while the euro experienced mixed results. As this week reaches its mid-point, the rest of ...
US, Euro-Zone News Set to Generate Volatility
March 15, 2011 6:48 am by Anton EljwizatWith an abnormal number of news events coming from the euro-zone and the United States today, forex traders have been in a frenzy to place their bets before the trading day gets underway. Trading during these news events, which typically ...
Crude Oil Rally to Continue; Gold Rebounds to $1,437 an Ounce
March 7, 2011 7:29 am by Yan PettersIt is now safe to say that the past month’s most lucrative investment has been crude oil. Traders that opened a long position for oil on February 16th bought it at around $85 a barrel. If they kept the position ...
USD Likely In Store for a Bearish Day
February 23, 2011 7:29 am by Anton EljwizatFollowing the bearish turn the US dollar took in overnight trading, traders can expect this trend to continue today as significant news from the UK and US promise to inject volatility into the marketplace.
Commodities Prices Rally as Unrest in the Middle East Proceeds
February 21, 2011 7:30 am by Anton EljwizatIn the forex frontier there isn’t any exciting news; due to the weak U.S. economic reports investors continue to sell the dollar and the EUR/USD pair crossed the 1.3700 level as a result. Traders should note that several economic releases ...
GBP Looks to Continue Gains
February 16, 2011 7:33 am by Anton EljwizatYesterday’s inflationary data from the UK should be enough to convince the market of a 25 bp rate increase by BOE in the near term, ultimately supporting the pound.
Heavy News Day Looks to Create Unusual Trading Opportunities
February 15, 2011 6:57 am by Yan PettersYesterday we experienced a relatively timid trading day. In the forex market, the euro fell about 120 pips vs. the U.S. dollar in morning trading, after European finance ministers decided to rule out immediate steps to fight off the region’s ...
