SEK Moves Up Following Swedish Elections
September 20, 2010 2:58 pm by Dan EduardFollowing an election day shakeup in Sweden, in which the Prime Minister's party failed to secure the necessary votes to form a parliamentary majority, the Swedish krona was able to make modest gains against both the US dollar and euro. ...
US Home Sales On Tap
June 23, 2010 2:27 am by Natalie R.Today starts with Federal Open Market Committee statement, followed by GfK German Consumer Climate in Europe. The market disregards the European troubles. In the past week, the focus was on the Spanish credit crunch. Nevertheless, the Euro continued recovering, and ...
USD Volatility Expected from Today’s Heavy News Day
January 27, 2010 7:25 am by Greg HoldenToday should be one of the more important days in the forex market for this week. We officially kick off 2010's first World Economic Forum (WEF) meeting in Davos, Switzerland, today, and the US Federal Reserve will be making a ...
Forex Market Awaits ADP Non-Farm Employment Change
November 4, 2009 1:00 pm by Dan EduardThe forex market awaits the results of the ADP Non-Farm Employment Change from the U.S. at 13:15 GMT. The publication will be crucial in determining the value of the U.S. Dollar as end-of-week trading approaches. The forecast is 188,000 people, ...
Dollar Trading Dominated by U.S. Factory Orders Data
November 4, 2009 10:44 am by Dan EduardSince yesterday afternoon, USD trading has been dominated mainly by the rebound in U.S. Factory Orders. The market reacted very strongly, as new orders for manufactured goods jumped by 0.9% in September. This is remarkable compared to the 0.8% decline ...
USD Traders Anticipating Heavy Volatility
November 4, 2009 9:30 am by Natalie R.Prior to the heavy news cycle we will see today and Friday, the US Dollar has apparently entered a consolidation trend against most of its currency rivals. Today's news will set the pace for the remainder of the week while ...
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 ...
US Federal Funds Rate – April 2009
April 28, 2009 7:47 pm by Yan PettersLooking ahead to the most interesting fundamental event expected later on this week – The U.S Interest Rate announcement, also called the Federal Funds Rate.
