Forex Trading Education : Forex Trading Blog by FOREXYARD

GBP Likely to Extend Bullish Run Today

European currencies continued their bullish run during the overnight session, as markets are still being influenced by yesterday's disappointing US Unemployment Claims figure. Analysts are predicting that this trend will continue today, as news from the UK and US get ...

EUR Plummets on Peripheral Debt Concerns

Debt concerns across the euro zone have pushed the EUR back down against its primary rival, the US dollar. Falling from its recent high of 1.4271, the EUR/USD pair now trades below the 1.3900 mark. Irish debt concerns, and other ...

JPY May Gain from Industry Growth; BOJ May Intervene as a Result

The US dollar has been declining steadily against all of its currency rivals since the opening of this week’s market. As of early Asian trading this morning, the buck has seen a view positive corrections, but little which would indicate ...

Will the Bank of Japan Intervene in the Currency Market?

The US dollar’s resurgence in today’s early morning hours has led to a number of significant support levels on USD crosses being tested. The EUR/USD pair has dipped towards the 1.2790 support line, while the GBP/USD hit 1.5350 and seems ...

EUR/CAD Consolidating towards 1.3700

The euro has been regaining its composure against its smaller North American counterpart due to recently boosted risk appetite. The Canadian dollar, to the contrary, has been under pressure lately due to a decline in crude oil futures as well ...

EUR and GBP Boosted due to Higher Risk Appetite

Upbeat US data gave riskier currencies a rare boost yesterday, as investor confidence in the global economic recovery went up. A batch of new data today will largely determine whether the currencies like the euro and UK pound will be ...

ADP Foreshadows Sharper NFP Drop; USD Under Pressure

The US Non-Farm Employment Change report, or Non-Farm Payrolls (NFP) for short, is a strong indicator of market activity in one of the world's largest economies. As such, this report carries a significant impact on the value of the US ...

US GDP Figures May Boost Dollar

The Japanese yen experienced one of its most bullish trading days in recent weeks on Thursday. The JPY made significant gains against many of its most traded currency pairs, such as the GBP and USD.

Oil Prices Spike after Inventory Data Release

Yen and Franc to Continue to Strengthen

Traders are waiting for signs of intervention from the Swiss National Bank (SNB) or the Bank of Japan (BOJ) to halt the appreciation of the Swiss franc and the Japanese yen. Until the central banks take action in the open ...