USD Rallies Following Non-Farm Payrolls
February 3, 2012 4:09 pm by Dan EduardThe USD posted gains across the board on Friday, following the release of a better than expected US Non-Farm Payrolls figure. The US added 243K jobs in January, a significantly better number than the forecasted 150K. The positive ...
Negative Euro-Zone News Gives USD Temporary Boost
February 2, 2012 7:33 pm by Dan EduardFresh concerns regarding Greece’s debt negotiations sent investors to safe-haven assets during the beginning of today's trading session. The news resulted in the US dollar recouping some of its recent losses against the euro. The EUR/USD dropped to ...
US Non-Farm Payrolls to be Released Tomorrow!
February 3, 2011 12:51 pm by Dan EduardWith tomorrow's US Non-Farm Payrolls figure set to create major volatility across the forex marketplace, now may be a good time to look at what analysts are predicting the employment number will be, and how it could potentially affect the ...
US Non-Farm Payrolls May Boost US Dollar
January 7, 2011 6:00 am by Greg HoldenFollowing Wednesday’s surprisingly bullish employment figures from the ADP report, the market witnessed some heavy volatility in favor of the US dollar. With today’s Non-Farm Payroll (NFP) expected to show similar positive growth, we could see another rally in the ...
Positive Data Causes the Kroner to Move Up against Dollar
January 4, 2011 11:14 am by Dan EduardAs we start off the new year, we see that the Scandinavian kroner continues to make gains against the US dollar as positive fundamental indicators have boosted confidence in the global economic recovery. While the Scandinavian currencies have also ...
Crude Oil Trading Opportunity
December 3, 2010 2:39 pm by Yan PettersTechnical Analysis Crude oil is set close a bullish trading week. Crude began this week’s session at about $83.00 a barrel and is currently trading near $88.00 a barrel. However, both the 4-hour and the 8-hour charts are providing solid indications ...
Dollar Weakness in Focus for Non-Farm Payrolls
November 5, 2010 9:48 am by Natalie R.The highly anticipated Federal Reserve meeting did not disappoint, causing much market turmoil as the Fed announced it will purchase $600 billion additional debt over the next 8 months. The announcement sent the USD plunging versus riskier currencies and especially ...
Big Week for FX Trading
November 2, 2010 12:14 pm by Russell GlaserFundamentally, this may very well be the most important week of the year for the FX markets.
Kroner Sees Major Gains Against EUR and USD
September 6, 2010 12:09 pm by Dan EduardAn increase in risk taking as of late has led to significant gains for the Scandinavian kroner against both the US dollar and euro. Positive news, most importantly Friday's US Non-Farm Payrolls figure, has led to increased confidence in ...
Dollar Tumbles Following Non-Farm Payrolls Release
September 6, 2010 10:16 am by Yan PettersThe most significant trend in last week’s trading was the bearish U.S. dollar. The dollar fell last week following several positive economic releases form the U.S. economy. Reports have shown that confidence in the U.S. regarding current and future economic ...
