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Research
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Forex - Technical research
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13
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Monday,
11 February 2008,
11:21 GMT
Forexyard Daily Forex research
by Forexyard Research
11/02/'08 - UK's PPI Input & Trade Balance.
The greenback began the week on a slight downward trend following some concerning news from the G7 over the weekend. After a meeting of the leading industrial nations in Tokyo, the G7, without specifically singling out a specific country voiced its growing concerns over the trembling global market...
• Economic News
• Technical News
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Thursday,
07 February 2008,
15:52 GMT
Forexyard Daily Forex research
by Forexyard Research
07/02/'08 - The U.S. Pending Home Sales on Tap.
The greenback has been appreciating sharply against the EUR since the release of the surprisingly weak U.S NFP report last Friday. Many analysts are still at odds as to why the greenback appreciated last Friday since the weak NFP report should have added to the existing bearish dollar sentiment.
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Wednesday,
06 February 2008,
11:45 GMT
Forexyard Daily Forex research
by Forexyard Research
06/02/'08 - USD Correction Continues...
It has been a long time since we have seen a broad based greenback rally, including against the JPY, where despite a widespread liquidation of carry trades, the USD/JPY barely budged. The USD rose yesterday despite a surprise drop in the ISM non-manufacturing index...
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Tuesday,
05 February 2008,
11:57 GMT
Forexyard Daily Forex research
by Forexyard Research
05/02/'08 - ISM Non-Manufacturing on Tap
A large portion of the focus for this week will not be on US economic data alone, but outside data which in large part will be reacting to last week's full schedule from the US...
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Monday,
04 February 2008,
13:07 GMT
Forexyard Daily Forex research
by Forexyard Research
04/02/'08 - Will the Greenback Maintain It's Recovery?
After a week full of mixed U.S. economic data, a steady stream of negative news from the U.S. housing sector and even after the reduction of the interest rate, the greenback is only marginally lower. Friday's dismal U.S. Non Farm Payrolls report sent the USD near record-lows against...
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Thursday,
31 January 2008,
16:51 GMT
Forexyard Daily Forex research
by Forexyard Research
31/01/'08 - Greenback on its way down.
Yesterday the greenback slipped sharply against most of the major currencies on the back of the news that the Fed had slashed the Fed Fund Rate and the Discount Rate by an additional 0.5%. The Federal Funded rate, which is the U.S inter-bank lending rate, was cut from 3.50% to 3.00%. While the Discount...
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Wednesday,
30 January 2008,
15:32 GMT
Forexyard Daily Forex research
by Forexyard Research
30/01/'08 - US Interest Rate Statement On Tap.
Today at 19:15 GMT, we are scheduled to see the release of the US interest rate statement. The greenback was steady against its major crosses yesterday, as investors waited to see how big an interest rate cut the Federal Reserve will deliver today in its fight against the...
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