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Thursday,
02 September 2010,
07:11 GMT
Research
>
Forex - Technical research
Forexyard Research
Riskier Currencies Mute Gains in Overnight Trading
Currencies like the euro and UK pound muted gains made yesterday as
investors appear to be waiting on a batch of economic data set to be
released later today. Signs that the global economic recovery is
speeding up may be reinforced today as the UK, euro zone and US are all
forecasted to release significant news. Traders can expect major market
volatility today, and excellent opportunities to increase profits.
Economic News
USD - After Dramatic Losses Yesterday, USD Awaits Fresh Unemployment Data
Following better than expected US manufacturing data yesterday, risk
taking returned to the marketplace and caused the greenback to slide
against the majority of its currency rivals.
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Wednesday,
01 September 2010,
07:18 GMT
Research
>
Forex - Technical research
Forexyard Research
ADP Non-Farm Employment Change on Tap
After the U.S. dollar corrected some of its gains yesterday, a new
trading day, packed with significant economic publications is ahead.
Most attention should be given to the U.S. ADP Non-Farm Employment
Change, which attempts to estimate Friday's release of Non-Farm
Payrolls. Current expectations are for a positive result, will the
dollar erase yesterday's losses?
Economic News
USD - Dollar Weakens Despite Positive Consumer Confidence Report
The U.S. dollar fell against most of the major currencies during
yesterday's trading session.
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Tuesday,
31 August 2010,
08:47 GMT
Research
>
Forex - Technical research
Forexyard Research
Yen Continues to Strengthen
The Japanese yen made another bullish move against the majors as the
steps taken by the Bank of Japan to weaken the yen only served to
increase traders' resolve to increase bullish bets on the Japanese
currency.
Economic News
USD - Dollar Stronger Following Lower Equities
The dollar traded higher versus the euro and the pound but weaker
versus the yen in illiquid trading conditions. Much of today's trading
revolved around negative sentiment for an increase in economic activity
in the global economy.
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Monday,
30 August 2010,
13:45 GMT
Research
>
Forex - Technical research
Forexyard Research
NFP Week Gives Prospects for Trend Reversals in Forex Market
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly be made clearer. Today's report on US personal spending at 12:30 GMT may provide a glimpse into other growth prospects before this week's more important data releases get published.
Economic News
USD - USD's Rise Slowing Prior to NFP Week
The rising value of the US dollar over the past week has begun to meet resistance against a number of currency pairs.
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Friday,
27 August 2010,
09:45 GMT
Research
>
Forex - Technical research
Forexyard Research
Bernanke Speech to Impact Dollar
The US Prelim GDP, to be released at 12:30 GMT, is the primary
publication today that is set to determine the level of the US dollar.
The other main release that are is to dominate forex
trading, especially for currencies, is the publication of the British
Revised GDP at 8:30 GMT. Traders are also advised to follow Fed Chairman
Bernanke's speech at 14:00 GMT. This speech is very likely carry a
higher than usual impact on Dollar volatility.
Economic News
USD - Dollar Falls on Increased Risk Appetite
The US dollar fell against most of its major currencies on Thursday,
as gains in stocks and commodities prompted investors to wade into
riskier currency trades.
Read more >
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