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 ...
Dollar Jumps on Disappointing U.S. Data
November 17, 2009 7:44 am by Dan EduardThe U.S. Dollar made some significant gains today, following a string of poor results from the world's largest economy. This behavior is opposed to yesterday's weak USD, which dropped on increasing optimism. The Producer Price Index (PPI) rose by 0.3 ...
Crude Oil Slides as Pessimism Kicks In!
November 10, 2009 8:22 pm by Dan EduardThe price of Crude Oil slid today, as pessimistic data from the leading economies pushed investors away from the profitable commodities, such as Crude Oil. Instead, they poured their money into the USD. The thing which originally initiated Crude's bearish ...
Dollar Slides Whilst Crude Climbs
November 10, 2009 7:00 am by Dan EduardThe U.S. Dollar slid against its main currency counterparts yesterday. For example, the EUR/USD pair climbed for the second day, as it now approaches the 1.5050 level.
Non-Farm Employment Change to Drive USD Volatility
November 6, 2009 10:26 am by Dan EduardToday, the forex market is yet again set for another mouthwatering trading day. The most important publication will be the Non-Farm Employment Change from the U.S at 13:30 GMT. This release is forecast to set the tone for the USD ...
U.S. Factory Orders to Dominate Today’s Trading
November 3, 2009 9:45 am by Dan Eduard09:30 GMT GBP – Construction PMI •The indicator measures the level of a diffusion index based on surveyed purchasing managers in the construction industry. •There is expected to be high volatility on the publication of the above data. •Traders should pay close attention ...
Chicago PMI to be Driving Force Behind the USD
October 30, 2009 10:19 am by Dan Eduard10:00 GMT - EUR - Unemployment Rate - Percentage of total work force that is unemployed and actively seeking employment during the previous month. - The all-European unemployment rate is based on figures from other countries that have already released their unemployment ...
Gold Slips on Publication of U.S. Unemployment Claims
October 22, 2009 5:24 pm by Dan EduardGold prices slipped today on the publication of the U.S. Unemployment Claims report. The report showed that claims rose to 531,000 people, which is notably higher than many top analysts forecast. In a number of cases, the USD made decent ...
Dollar Strength to be Determined by U.S. Unemployment Claims
October 15, 2009 1:16 pm by Dan EduardThe U.S. Unemployment Claims report is set to be published from the U.S. today at 12:30 GMT. The previous figure was 521,000 people, but today's figure is expected to marginally rise by 534,000 people. If the final result is higher ...
