Volatility Expected Day Before Friday’s NFP
March 3, 2011 7:00 am by Anton EljwizatThe EUR experienced one of its most bullish trading days in recent weeks on Wednesday. The EUR made significant gains against many of its most traded currency pairs, such as the GBP, JPY and USD.
USD Bullish as Euro Zone Debt Concerns Reemerge
February 11, 2011 7:00 am by Greg HoldenRecent data out of the United States has helped boost the strength of the dollar in recent trading. The USD climbed against most of its currency rivals in trading yesterday as euro zone debt concerns flared up and US unemployment ...
US Crude Oil Inventories Expected to Show Weak Demand
February 9, 2011 7:00 am by Anton EljwizatThe EUR rebounded from a two-week low against the greenback on Tuesday after a Chinese interest rate hike fueled concerns over its growth. Additionally, demand for commodities prompted traders to unwind bets against the US currency.
Potential Reversal for AUD/USD
December 31, 2010 10:52 am by Anton EljwizatIn the last two weeks trading, the AUD/USD experienced much bullishness, as it stands now at 1.0185. However as I demonstrate below, it seems that the pair’s bullish run may have run of steam, and a bearish correction could be ...
Gold Prices Climbing Despite Year End Trading Conditions
December 22, 2010 2:31 pm by Russell GlaserCommodities rose yesterday and continued to rise in European trading today. Spot gold prices moved higher as the euro fell due to European sovereign debt concerns.
Forex: Dollar Rises on European Woes
November 16, 2010 9:46 am by Russell GlaserThe greenback continues to receive support from both positive US data and the debt strapped nations in Europe. As Ireland, Greece, and Portugal make waves with their struggles to repay their oversized national debts the dollar is the main benefactor.
USD/JPY Spike Raises Questions about Possible BOJ Intervention
November 1, 2010 5:22 am by Greg HoldenThis week is expected to be heavy with economic news and traders will want to stay tuned with the rumblings taking place in the US and Japan over further currency interventions. Early this morning, the currencies from both countries experienced ...
AUD/USD – Trading on News Events
October 29, 2010 12:27 pm by Greg HoldenFor traders interested in a “news trading” strategy, here is your guide. Looking at the AUD/USD over the past month, I noticed something interesting: this pair has actually been fluctuating sharply, and almost exclusively due to news events.
Forex News: US Advance GDP on Tap Today
October 29, 2010 8:33 am by Anton EljwizatThe EUR strengthened against most of its major currencies yesterday as gains in stocks and commodities prompted investors to wade into riskier currency trades. The EUR made significant gains against many of its most traded currency pairs, such as the ...
