Crude Oil Approaches $80 a Barrel
December 28, 2009 12:44 pm by Yan PettersNow that Christmas is behind us, and New Years Eve is only at the end of the week, we have plenty of time to end this year with a big smile on our faces. Two thing happened last week that ...
EUR’s Trends to be Set by German ZEW Economic Sentiment
November 10, 2009 3:10 am by Dan EduardThe EUR's trends for the upcoming day are likely to be set by the outcome of the German ZEW Economic Sentiment publication at 10:00 GMT. The forecast is 58.9, versus the 56.9 previous result. A result matching the forecast, or ...
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 ...
Chicago PMI to be Driving Force Behind the USD
October 30, 2009 10:19 am by Dan Eduard10:00 GMT - EUR - Unemployment Rate - Percentage of total work force that is unemployed and actively seeking employment during the previous month. - The all-European unemployment rate is based on figures from other countries that have already released their unemployment ...
Will EUR’s Rally vs. JPY Continue throughout the Week?
September 22, 2009 11:36 pm by Natalie R.Despite a slight setback yesterday, the EUR resumed its appreciation against the USD as risk appetite returned, crossing the 1.4800 price level during today’s trading day.
EUR and Pacific Currencies Up on Market Uncertainty
September 22, 2009 6:46 am by Greg HoldenFollowing yesterday's short-lived boost to the USD, traders now appear to be returning to riskier assets such as the EUR and the south Pacific currencies (AUD and NZD). No doubt this week's decision on US short-term interest rates on Wednesday ...
EUR Continues Making Headway from Recovery
September 17, 2009 8:18 am by Anton EljwizatThe EUR strengthened against most of its major currencies yesterday as gains in stocks and commodities prompted investors to wade into riskier currency trades. Another developing trend is the recovery of Crude Oil. Since the Dollar began dropping against the EUR, ...
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.
US Trade Balance Expectations
September 10, 2009 8:07 am by Natalie R.The US Commerce Department will report their trade balance figures for July today. The U.S. trade deficit was probably little changed in July as imports and exports both grew, signaling a revival of commerce as the global slump eased. Economists ...
