USD Rallies Following Non-Farm Payrolls
February 3, 2012 4:09 pm by Dan EduardThe USD posted gains across the board on Friday, following the release of a better than expected US Non-Farm Payrolls figure. The US added 243K jobs in January, a significantly better number than the forecasted 150K. The positive ...
EUR Stages Recovery Following EU News
January 31, 2012 4:08 pm by Dan EduardNews that euro-zone leaders came to an agreement to set up a permanent bailout fund lifted the euro throughout today's trading session. While Greece still has yet to come to an agreement with its creditors regarding a debt-swap deal, ...
Dollar Stages Upward Correction Following Poor Euro-Zone News
January 30, 2012 4:44 pm by Dan EduardThe USD came off a six-week high against the euro in trading today, after news that Greece had once again failed to come to reach a debt swap deal with its creditors. Earlier in the day, the EUR/USD reached ...
USD Turns Bullish Following EU News
January 25, 2012 4:43 pm by Dan EduardThe US dollar had a particularly strong day today following negative news out of both Japan and the euro-zone. News that Japan has logged in a trade deficit for the first time since 1980 caused the USD/JPY pair to ...
Positive Euro-Zone Indicators Fails to Boost EUR
January 24, 2012 4:11 pm by Dan EduardOngoing concerns regarding the prospect of Greece defaulting on its debt, as well as fresh worries regarding Portugal’s debt caused the euro to tumble vs. the US dollar in today's trading. Investors once again reverted back to the safe-haven ...
Possible Deal on Greek Debt Helps Euro
January 18, 2012 4:20 pm by Dan EduardThe euro received a positive boost during today's session, as news that Greece may be close to a deal on its debt led to risk taking among traders. Additionally, the IMF proposal to increase its lending capacity helped riskier ...
EUR Tumbles Following Italian Debt Auction
January 13, 2012 8:18 pm by Dan EduardThe euro turned overwhelmingly bearish today, following an Italian debt auction that highlighted how fragile the euro-zone situation is. The debt auction failed to match the positive results of Thursday's Spanish bond sale, and led to investors once again ...
Dollar Stages Downward Correction against Euro
January 12, 2012 4:14 pm by Dan EduardThe EUR/USD turned bullish on Thursday, as the combination of a successful Spanish bond auction and the European Central Bank's decision not to lower euro-zone interest rates helped turn investors onto the common currency. Analysts were quick to warn ...
Euro Dips Ahead of Minimum Bid Rate
January 11, 2012 4:40 pm by Dan EduardNegative comments by a top credit agency turned the euro bearish today, following several days of upward movement. The comments served as a warning to any trader who thought that the currency could maintain its bullish momentum. The ...
Euro Zone Industrial Demand Plummets
October 12, 2011 4:50 pm by Greg HoldenThis morning’s report on new industrial orders across the euro zone gave some investors a fright. The data, released by Eurostat, revealed a sudden contraction in demand for new industrial orders throughout the region. With consumer and business confidence in ...
