U.S. Unemployment Claims to Set the Pace of the USD
November 5, 2009 2:40 pm by Dan EduardThe U.S. Unemployment Claims Report will set the pace of the USD today. Despite the Dollar diving against the GBP so far today, in the coming hours there is some mouthwatering data that is set to be released from the ...
EUR and GBP Volatile Before Rate Statements
November 5, 2009 12:32 pm by Greg HoldenFollowing yesterday's statements from the Federal Reserve, many of our traders seem to now be anticipating a sell-off of Euros and Pounds prior to the central bank statements from both governments later today. These interest rate statements are not expected ...
Dollar Slides Whilst Gold Climbs
October 20, 2009 9:47 am by Dan EduardThe Dollar slid against its major currency pairs no Monday due to a variety of factors. This includes the bullish streaks of both Gold and Crude Oil, which put downward pressure on the Dollar. Additionally, Federal Reserve Chairman Ben Bernanke ...
Gold Forecast
October 20, 2009 3:58 am by Dan EduardGold has jumped significantly today in value by $11 to about $1063. As of late, top analysts have become bullish on Gold for the medium-long term. They point out that the continuation of the out of control borrowing by the ...
Dollar to be at the Forefront of Forex Trading Today
October 16, 2009 8:33 am by Dan EduardTic Long Term Purchases – USD – 13:00 GMT •Difference in value between foreign long-term securities purchased by US citizens and US long-term securities purchased by foreigners during the reported period.
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.
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, ...
USD Forecast – Federal Funds Rate Expectations
August 12, 2009 12:56 pm by Greg HoldenToday at 18:15 GMT we are awaiting the policy statements from the Federal Open Market Committee (FOMC) of the US Federal Reserve regarding US interest rates and other monetary policy decisions. Anticipating the impact this event can have on the US ...
