Forex Market Awaits ADP Non-Farm Employment Change
November 4, 2009 1:00 pm by Dan EduardThe forex market awaits the results of the ADP Non-Farm Employment Change from the U.S. at 13:15 GMT. The publication will be crucial in determining the value of the U.S. Dollar as end-of-week trading approaches. The forecast is 188,000 people, ...
U.S. Federal Budget Balance to be at the Forefront of Today’s Trading
October 13, 2009 6:22 am by Dan EduardThe Dollar experienced in most cases a bearish trading day on Monday, as it fell against the EUR, the CAD and the CHF. With regards to the British Pound, the British currency tumbled vs. the USD, EUR and JPY. Crude ...
Crude Oil Drops Close to $5 Since Friday
September 14, 2009 10:16 am by Yan PettersIt is very clear that the most radical trend in the market at the moment is the sliding price of crude oil, which fell from its week high of $72.87 to $68.03.
New Zealand Interest Rates and OPEC Meetings Today
September 9, 2009 10:20 am by Natalie R.There are two important events happening in today's trading. The first is the sudden drop in value of the USD yesterday and the subsequent corrections we may see today. The second is the break-through past the $1000 resistance level for ...
Crude Oil Inventories Expectations
August 26, 2009 10:15 am by Natalie R.The Energy Information Administration (EIA) is due to release its closely watched report on oil inventories today at 14:30 GMT, with analysts expecting a drop of 2.7 million barrels in crude inventories in the week ended Aug. 21.
Crude Oil Hits Near $75 Level
August 25, 2009 12:43 pm by Anton EljwizatOil prices gained yesterday, briefly touching a 10-month high near $75 a barrel on expectations an economic recovery would revive ailing world energy demand. However, as I will demonstrate below, Crude Oil may very well be heading for a reversal ...
Week’s Leading Indicators to Boost Volatility
August 24, 2009 11:27 am by Yan PettersU.S. CB (Conference Board) Consumer Sentiment (Tuesday 14:00 GMT): This is a survey of about 5,000 household which asks respondents to rate the relative level of current and future economic conditions. As such, it is a leading indicator of consumer spending. ...
