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 ...
USD Traders Anticipating Heavy Volatility
November 4, 2009 9:30 am by Natalie R.Prior to the heavy news cycle we will see today and Friday, the US Dollar has apparently entered a consolidation trend against most of its currency rivals. Today's news will set the pace for the remainder of the week while ...
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 ...
USD Down on Beijing Reserve Currency Comments
October 26, 2009 2:59 pm by Greg HoldenThe US Dollar continued its downward trend against the majors this morning as a report from Beijing added selling pressure to the greenback. China has announced its intention to increase its Euro and Yen reserve holdings, which convinced many investors ...
Gold Soars to $1064.50 an Ounce
October 21, 2009 8:47 pm by Dan EduardThe price of Gold has soared today to $1064.50 an ounce, before slipping slightly to about $1062 an ounce. What does this prove? Well this proves that Gold and other metals are currently in an upward trend, and there is ...
Gold May Advance Further as Weaker Dollar Spurs Demand
October 21, 2009 1:16 pm by Natalie R.Gold finished slightly higher Tuesday after a volatile session, as the U.S dollar hovered near 14-month lows. However, the precious metal still finished well off morning highs as weak U.S. housing data and mixed earnings eventually led investors to sell ...
