Dollar Rally Gains Traction, Temporarily
February 7, 2011 7:23 am by Anton EljwizatBeginning on Wednesday traders began to unwind short dollar positions with the dollar buying increasing as the week went on, culminating in significant gains for the greenback after the release of the US unemployment numbers.
Major US News Likely to Shake Up Market Today
January 27, 2011 7:26 am by Anton EljwizatAfter reaching above the 1.3700 level in overnight trading, the EUR/USD has fallen slightly and is currently trading at 1.3693. Today, a batch of US data is predicted to show a decline in several economic sectors. Traders can ...
EUR Gains as Irish Debt Concerns Diminish
November 22, 2010 9:52 am by Anton EljwizatWith a light news day expected, most traders will be anticipating two events as the day progresses. The first is whether or not the rumors of an EU/IMF bailout for Ireland will be proposed in the Irish parliament by her ...
BOJ Slashes Interest Rate and Backs New Asset Purchases
October 5, 2010 9:49 am by Natalie R.The yen takes center stage today following the policy meeting statement and BOJ press conference. With the yen’s persistent appreciation versus the USD, analysts expect the Japanese government will intervene again in the foreign exchange markets. However, most economists were ...
U.S Unemployment Claims on Tap
April 29, 2010 10:47 am by Anton EljwizatFollowing yesterday's steep drop in value for the Euro, the single currency may have an opportunity to recoup some of its losses in trading today. The following are the today's main news events.
Forex Trading Prepares for U.S. Retail Sales Data
March 12, 2010 10:50 am by Natalie R.Two major news releases are expected from the U.S today, the Retail Sales and Prelim UoM Consumer Sentiment. As with other recent U.S data, investors are looking to any sign of economic recovery as this may signal a sooner than ...
Swissie and the Loonie in the Spotlight for Monday’s Forex Trading
January 11, 2010 10:29 am by Russell GlaserEUR/USD Reaching the 1.45 Level; Crude Oil Reaching 15-Month High
US Federal Funds Rate on Tap Today!
December 16, 2009 11:53 am by Natalie R.09:30 GMT GBP Claimant Count Change - Change in the number of people claiming unemployment. This figure relates to November that ended recently – what makes this figure fresh and important.
US Retail Sales Expecting Increase
December 11, 2009 10:24 am by Natalie R.12:15 GMT EUR President Trichet Speaks - ECB President Nov 2003 - Nov 2011. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues.
