Pre-Holiday Unemployment Numbers Today!
December 24, 2009 11:50 am by Dan EduardA relatively slow news day is expected today ahead of the Christmas holiday. That being said, there are still two major events which could result in market volatility for Forex traders.
Prelim GDP Shock Figures Threaten Pound’s Stability
October 23, 2009 12:58 pm by Dan EduardThe most important issue facing the Pound's stability is the implications of the recently released shocking figures of the British Prelim GDP publication. The release indicates that the British economy is facing the longest protracted decline in recent history.
Pound Tumbles on Publication of Prelim GDP Figures
October 23, 2009 12:05 pm by Dan EduardThe Pound tumbled on the publication of the Prelim GDP figures. The publication measures the change in the inflation adjusted value of services and goods that are produced by the British economy. The figure was a surprisingly low -0.4%, far ...
Gold Soars to $1064.50 an Ounce
October 21, 2009 8:47 pm by Dan EduardThe price of Gold has soared today to $1064.50 an ounce, before slipping slightly to about $1062 an ounce. What does this prove? Well this proves that Gold and other metals are currently in an upward trend, and there is ...
CHF to Move Today on Retail Sales Data
October 16, 2009 10:10 am by Dan EduardThe Swiss currency is set to go very volatile today on the release of the Swiss Retail Sales data at 07:15 GMT. In the past week the CHF has made some notable gains. Yesterday it rose by 100 pips vs. ...
Yen Falls on Bank of Japan Decision
October 14, 2009 2:30 pm by Dan EduardThe Yen has fallen drastically thus far in today's trading, due to the decision by the Bank of Japan (BoJ) to not conclude its program of purchasing corporate debt in this morning's Monetary Policy Meeting. This led to speculation that ...
Pound Jumps Despite Dismal Inflation Figures
October 13, 2009 9:12 pm by Dan EduardThe British Consumer Price Index (CPI) figures showed that prices in Britain rose by 1.1% in September, compared with the same time a last year. This was below the forecasted 1.3% increase by top analysts. This was the smallest price ...
GBP Campaign Comes to An End!
October 2, 2009 11:17 am by Dan EduardAfter successfully running the GBP CAMPAIGN for 2 months now, we at ForexYard have decided to conclude the campaign with this last article. Over the past 2 months of August and September, I have spoken about a number of macroeconomic ...
Pound Goes Higher Against Dollar on U.S. Economic Recovery
September 22, 2009 2:08 pm by Dan EduardThe Pound seems to have bottomed out its losses today against the JPY, CHF and EUR. The GBP/USD pair is actually trading significantly higher today, as despite the GBP being one of the weaker currencies in recent weeks. This may ...
GBP Goes Higher On All Fronts!
September 17, 2009 2:35 pm by Dan EduardDespite some dire news from the British economy in the past week, the GBP has gone higher on all fronts today. This uptrend for today is owed to a number of factors. Firstly, finance jobs in London made their ...
