US Unemployment Claims may Boost Dollar
February 8, 2012 4:17 pm by Dan EduardThe US dollar spent much of the day today range trading against most of its main currency rivals, including the euro, British pound and Swiss franc. Traders were hesitant to bet against the greenback ahead of possible news on ...
USD Gains vs. JPY Following Unemployment Report
January 19, 2012 4:17 pm by Dan EduardThe US dollar saw substantial gains against several of its main currency rivals today, following a better than expected US Unemployment Claims figure. The weekly unemployment figure came in at an almost 4-year low and well below analysts earlier ...
UK Unemployment Claims Unexpectedly Rise as Sterling Slides versus the Euro
May 18, 2011 11:05 am by Russell GlaserSterling is lower after an unexpected jump in UK unemployment claims while the unemployment rate surprisingly declined. As expected, meeting minutes from the Bank of England’s latest policy meeting showed the MPC is determined to hold interest rates at ultra-low ...
Euro-Zone Minimum Bid Rate Set to Dominate Markets Today
April 7, 2011 7:28 am by Dan EduardThe euro-zone Minimum Bid Rate, scheduled to take place at 11:45 GMT, is likely to be the dominant force driving markets today. Analysts are unanimous in predicting that the European Central Bank will raise interest rates to 1.25%, a ...
News Out of Japan Continues to Dictate Market Movement
March 17, 2011 7:23 am by Anton EljwizatThe USD/JPY fell to a record low during the start of the overnight session, as the aftermath of last week's devastating earthquake and tsunami in Japan continue to generate extreme volatility in the marketplace. The pair dropped over 300 ...
Pound Comes Into Focus Today
March 10, 2011 7:27 am by Anton EljwizatWith the release of British interest rates this morning, markets will be focusing on the BOE and how the bank addresses inflation.
US Dollar Heading for Recovery, or Further Bearishness?
February 24, 2011 6:34 am by Greg HoldenToday promises to be a heavy trading session, as significant news out of the US is set to create major market volatility. The USD has recently seen some significant losses against its main currency rivals. Whether today's news will help ...
Swiss Franc, Oil Remain Bullish Amid Libyan Unrest
February 23, 2011 9:58 pm by Dan EduardThe political turmoil engulfing Libya continues to weigh in on investor decisions in the forex market. Investor fears that the unrest could impede oil supplies out of the Middle East have sent the price of the commodity soaring in ...
US Unemployment Claims Set to Create Market Volatility on Thursday
February 16, 2011 3:07 pm by Dan EduardThe US dollar has largely benefited from two weeks straight of better than expected Unemployment Claims figures. In addition, generally favorable data out of the US has led to substantial gains for the greenback against many of its main ...
Major US News Likely to Shake Up Market Today
January 27, 2011 7:26 am by Anton EljwizatAfter reaching above the 1.3700 level in overnight trading, the EUR/USD has fallen slightly and is currently trading at 1.3693. Today, a batch of US data is predicted to show a decline in several economic sectors. Traders can ...
