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 ...
Weekly Forecast: USD to Pare Losses this Week?
January 24, 2011 11:00 am by Greg HoldenThe US dollar's mixed results last week, on a fundamental level, may be broken down to a shift in risk appetite and consumer confidence. From a technical standpoint, the movement looks like a consolidating retracement against most of its rivals ...
US Unemployment Claims to Add to Risk Appetite
January 19, 2011 3:00 pm by Greg HoldenGlobal employment figures and consumer confidence appear to be on the rise these past few weeks. Investors appear to be closing out their short positions on the higher yielding currencies in preparation for a shift in their portfolios. If risk ...
Major US News Likely to Shake Up Market Today
January 14, 2011 7:28 am by Anton EljwizatThe US dollar took a significant bearish turn yesterday, following the most recent US Unemployment Claims figure. Today, the dollar will have ample opportunities to recoup the losses it took, as a batch of news is set to create ...
EUR Minimum Bid Rate Tomorrow!
January 12, 2011 11:42 am by Dan EduardTomorrow's trading session promises to be a busy one, as a batch of news from both the euro-zone and US get set to inject heavy volatility in the marketplace. The two most significant of these news events appear to ...
Volatility Expected Following Thursday’s US Unemployment Claims
January 11, 2011 5:30 pm by Dan EduardThe employment situation in the United States is fragile at best. While last week's Non-Farm payrolls showed that the US added jobs in December, the number was less than analysts had originally predicted. Dollar trading was mixed following ...
Dollar Bullishness Continues For Second Consecutive Day
January 6, 2011 6:36 am by Russell GlaserThe rise in the value of the US dollar moved into its second day as traders back from the New Year holiday appear set on bidding the greenback higher versus the majors.
Irish Downgrade Sends Euro Lower
December 9, 2010 4:08 pm by Russell GlaserA downgrade in the sovereign debt rating of Ireland by Moody’s had traders selling the euro this morning. The Bank of England also held interest rates steady and did not change the Asset Purchase Facility.
Can Today’s Speech from the ECB President Help the Euro?
November 10, 2010 2:31 pm by Dan EduardWith renewed investor concerns in euro-zone debt back in the news, and the EUR/USD pair steadily falling over the last few days, all eyes will be on the speech from the European Central Bank president scheduled to take place at ...
Fundamentals Continue to Drive Forex Markets with European Interest Rate Releases
November 4, 2010 9:57 am by Natalie R.Important market movers await forex traders today with US Unemployment Claims, British and European Rate decisions followed by central bank news conferences. Here’s an outlook on the most influential events that will shape forex trading this Thursday.
