Disappointing Macro Overshadowed Good Corporate Earnings
July 29, 2010 10:53 am by Natalie R.Yesterday's trading ended flat for the EUR/USD pair but volatility was high. Traders moved from selling the EUR before European session started, to buying the EUR before U.S. trading session started and eventually the pair finished near the day opening ...
EUR/USD Possibly Ready for an Upward Correction
May 18, 2010 10:31 am by Natalie R.The EUR/USD hit a four year low during yesterday's trading day, before recovering and ending positive at the end of a volatile trading session. The EUR managed to regain back part of its losses against the Dollar after declining for ...
EUR/USD Hits 4-Year Low Following Trichet’s Speech
May 17, 2010 8:39 am by Natalie R.The Euro-Zone's crisis continues to impact the forex market. This week's trading begins with an extraordinary kick-off as the EUR/USD plunges to a 4-year low. The EUR/USD dropped to as low as the 1.2233 level, in what doesn't seems to ...
USD Volatility Expected from Today’s Heavy News Day
January 27, 2010 7:25 am by Greg HoldenToday should be one of the more important days in the forex market for this week. We officially kick off 2010's first World Economic Forum (WEF) meeting in Davos, Switzerland, today, and the US Federal Reserve will be making a ...
Markets Looking ahead to TIC Long-Term Purchases
January 19, 2010 12:15 pm by Natalie R.09:30 GMT - GBP CPI The British Consumer Price Index measures the change in price of goods and services. It is considered one of the most important economic indicators because the change in price is an important measure of inflation. The rate ...
Better than Expected UoM Consumer Sentiment Report May Further Support USD
January 15, 2010 11:39 am by Natalie R.Traders should pay attention to two American reports set to be published today. The monthly Core CPI Report as well as the Prelim UoM Consumer Sentiment Report are likely to create volatility in the marketplace, especially among USD pairs.
Dollar’s Downward Movement Not Yet Over
January 11, 2010 10:21 am by Greg HoldenNo big surprise in the market today, the US Dollar is continuing to plummet versus all of its major counterparts following last Friday's release of Non-Farm Payrolls. The employment report showed that the US in fact lost 85,000 jobs in ...
Gold Prices Predicted to Fall in 2010
December 29, 2009 10:13 am by Greg HoldenYesterday's expected decline in the value of the US Dollar did indeed take place, but not nearly as sharp as some were expecting. A mild drop against the Euro and British Pound occurred during the opening of the American markets ...