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.
Scandinavian Currencies Undervalued; Bullishness Expected
September 15, 2009 10:25 am by Greg HoldenWith the Dollar Index dropping to its lowest level in a year last week, and oil prices stabilizing, the Scandinavian currencies have been making record gains. The SEK, NOK, and DKK have all entered steady up-trends versus the greenback, with ...
Swedish Krona at 2-Week High vs. Dollar
September 8, 2009 2:19 pm by Greg HoldenThe recent plummet of the US Dollar has helped boost all of the Scandinavian currencies against this forex giant, while the EUR has only lost moderately in comparison. The Swedish Krona is up to a 2-week high against the greenback, while ...
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 ...
FOMC meeting – Forex trading Video analysis
July 15, 2009 11:32 pm by AylonThere are several important events coming out of the U.S. and Europe today, including the U.S Core CPI and FOMC Meeting Minutes. As “Most participants saw the economy as still quite weak and vulnerable to further adverse shocks,” “Most participants ...
US Retail Sales Report on Tap
July 14, 2009 12:51 pm by Natalie R.On Tuesday the US Commerce Department will report retail sales for June, and traders are looking for a gain of 0.5%, matching the prior month's result. Retail sales in the U.S. probably rose for the 2nd straight month as price ...
USD/JPY Upward Correction Taking Place
June 16, 2009 11:39 pm by Anton Eljwizat- Below is the hourly chart for the USD/JPY. - The indicators used are the Slow Stochastic and RSI. - Point 1: The Slow Stochastic indicates an impending bullish cross, which may signal an upward movement is going to occur in the ...
