US Inflationary Data on Tap Tomorrow
April 13, 2011 5:29 pm by Greg HoldenInvestors have been witnessing stability in inflationary figures across Europe for the past several days. Indeed, one of the reasons posted for the European Central Bank’s (ECB) decision to hike interest rates last week was stable growth in regional inflationary ...
Can we Expect Another Rally for Gold prices?
October 29, 2010 1:08 pm by Natalie R.After reaching a record high of $1,376.70 an ounce on Oct. 14th, Gold prices have been falling steadily ever since, stabilizing around the $1335 level. Can we expect another rally for Gold prices? The answer may come after next week’s ...
Is there Light at the End of the Tunnel for the USD?
October 14, 2010 8:39 pm by Natalie R.During today’s trading, USD/CAD briefly broke parity for the first time since April and the AUD/USD pair is nearing parity. The USD also declined to a record low versus the CHF today, as well as to a new 15 year ...
The Gamble – Decision Time for EUR/USD Traders
June 10, 2010 10:29 am by Greg HoldenThis article is a little more time-sensitive than most traders are comfortable with, but it needs to be put forth in order to attempt providing the best advice possible. I'm of the opinion that the EUR/USD is in a position ...
Will the EUR Regain Ground Today?
May 26, 2010 12:03 pm by Natalie R.The main reports coming from U.S today will be for housing and manufacturing, followed by consumer confidence and crude oil inventories. However, to some extent traders' attention will be more towards the employment data which is scheduled for Friday, June ...
EUR/USD Recovers but Still Under Pressure
February 23, 2010 3:51 am by Natalie R.Although the EUR/USD cross has recovered from last week's 9 month low beneath $1.35, concerns about heavily indebted Euro-Zone countries continue to weakened the single currency and market players bet that further losses are likely.
Swedish Consumer Confidence Rises, SEK Pares Losses
February 2, 2010 10:32 am by Greg HoldenThe Swedish Krona (SEK) stabilized against its US counterpart during Thursday's early trading after a few government reports disclosed information that the nation's retail sales in December, as well as consumer confidence in January, increased at a faster pace than ...
Eyes on U.S Economic Data Releases for Today’s Trading
January 28, 2010 11:18 am by Natalie R.The U.S. Dollar is likely to dominate the news cycle today, with the release of several major reports which are likely to impact the forex marketplace. Traders will want to pay attention to the following news events:
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.
Concerns over Local Currencies’ Strength Boost Dollar
November 20, 2009 7:37 am by Natalie R.Indications from around the globe of a more restrictive official stance toward capital flows and currency volatility have been contributing to a reduction in risk appetite in trading recently. Concerns in countries outside the U.S. and China are mounting over ...
