Forex Trading Education : Forex Trading Blog by FOREXYARD

CHF/JPY Targeting 83.20 Following KOF Report

Switzerland is due to publish its KOF Economic Barometer report today at 9:30 GMT. This measure is a gauge of Swiss economic sentiment and is meant to forecast the direction of the economy in the six months following. The Swiss ...

GBP/USD – Strong Bearish Signals

CAD Establishing itself as Benchmark Currency?

Over the last year, while the global economic crisis has weighed down on the U.S. dollar and deficit concerns have caused the euro to freefall, the Canadian dollar, also known as the loonie, has emerged as one of the strongest ...

Non-Farm Payrolls – Forex Trading Tips

The start of each new month brings with it one of the most significant economic reports: Non-Farm Employment Change, also known as Non-Farm Payrolls (NFP). The point here is not to inundate you with information about the NFP report which ...

EURGBP & EURUSD Bullishness Strongly Supported

In support of one of my previous articles, which said the USD is facing a downward correction; this article is intended to show how the Euro is in fact positioning itself for an upward movement in the days ahead, and ...

USD Short-Term Bearishness May Be Impending

Dollar Sees Sharp Rise after Fed Statements

The US Dollar received some added support yesterday evening after the Federal Reserve issued a statement saying there are clear signs that the American economy is on its way to recovery. While the Fed stopped short of raising record low ...

USD and Crude Oil Lower on Bernanke Statements

The US Dollar fell today after Federal Reserve Chairman Ben Bernanke gave comments concerning the slow recovery of the U.S. economy which may keep inflation low. This hints towards a continued Fed policy of lower interest rates for the foreseeable ...

US Unemployment Claims Vital Today

EUR and GBP Volatile Before Rate Statements

Following 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 ...