USD Retreats vs. Riskier Currencies, Sees Gains against JPY
February 9, 2012 4:31 pm by Dan EduardThe US dollar saw a mixed trading day today, as positive news boosted risk taking in the marketplace which led to gains for currencies like the euro and British pound. News that the Bank of England will inject an ...
Halifax House Price Index (HPI) in Steep Decline
May 9, 2011 6:44 pm by Greg HoldenThe Halifax Bank of Scotland published its monthly indicator on housing prices today, revealing a stark downturn in housing prices by approximately 1.4% since March. The reading comes one week after a similar report by Nationwide which highlighted a 0.2% ...
EUR/USD Continues to Rally After Jobs Report
March 4, 2011 9:36 pm by Russell GlaserThe euro resumed its ascent higher and spot crude oil prices moved to a 2.5 year high following today’s US Non-Farm Employment Change that showed the US economy added 192K jobs and the unemployment rate fell below 9%.
Preview of the Week of Feb. 21-25
February 18, 2011 7:27 pm by Dan EduardThe next week promises to be quite volatile as a large amount of significant news out of the US gets set to be released. Following this week's bearish run from the USD, investors are anxious to see whether the ...
A Fundamental Recap of the Week of Feb. 7-11
February 11, 2011 12:02 pm by Dan EduardMarket volatility was low at the beginning of this week, as a slow news cycle failed to generate significant amounts of trading activity. That all changed on Wednesday, when a speech from Fed Chairman Ben Bernanke caused investors to ...
Major News Events Scheduled for This Week!
January 17, 2011 10:28 am by Dan EduardFollowing the steep bearish correction seen by the US dollar last week, investors will be keeping a close watch on a wide ranging batch of fundamental news scheduled to be released in the next few days.
Bullish Euro Predicted for Next Week
January 14, 2011 7:06 pm by Dan EduardAs we wrap up another trading week, now may be a good time to take a look at next week's calendar to see what some of the more significant market events are likely to be. On Tuesday, USD traders ...
AUD Takes Dive Following Employment Reports
January 13, 2011 7:30 am by Greg HoldenAt the start of today’s economic calendar there was a severe blow to the Australian dollar. Amid the horrendous floods presently afflicting the nation, the Australian employment change report also came out well below forecasts and, despite a decrease in ...
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 ...
Dollar Advances Prior to Jobs Report
January 6, 2011 9:35 pm by Russell GlaserThe US dollar continued to rise against the majors with sharp gains being booked against the euro as traders position themselves for tomorrow’s non-farm payrolls report. A stronger dollar also fed into losses for crude oil.
