Tuesday,
17 August 2010,
13:06 GMT
Forexyard Daily Forex research
by Forexyard Research
Yen Strengthens Despite Weak Japanese GDP Report
Volumes were light during Monday's trading as the yen climbed versus the
major currencies. Japanese Q2 gross domestic product failed to meet
market expectations, raising concerns over the pace of the global
economic recovery.
Economic News
USD - Dollar Weakens on Light Trading
The U.S. dollar was weaker across the board today as trading today
began on a down note. Risk sentiment was sapped following disappointing
Japanese GDP numbers.
The EUR/USD pair rose for the first
trading day since the pair began a sharp correction last week. However,
gains in the pair were reduced following the release of strong TIC long
term purchases data. The report came in positive at 44.
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Tuesday,
17 August 2010,
07:20 GMT
AceTrader
by AceTrader Research Team
GBP/USD Intra-day signal by AceTrader
Forex signal: Hold long for this move as only break of 1.5636/
38 wud risk stronger retrace. to 1.5600/10.
http://www.acetraderfx.com
INTRA-DAY GBP/USD: 1.5677
Last Update At 17 Aug 2010 06:08 GMT
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Monday,
16 August 2010,
07:13 GMT
Forexyard Daily Forex research
by Forexyard Research
Signs of Slowdown in Global Economic Recovery Supports the Dollar
The U.S. dollar corrected looses against most of the major currencies
during last week's session, as data showed that global recovery might
take longer than expected. This decreased risk-appetite in the market,
and turned investors to look for safer assets, such as the dollar and
the Japanese yen. Crude Oil prices also fell as a result. With a heavy
news week ahead, this trend might extend if the economic publications
will continue to provide signals for a slowdown in the global recovery.
Economic News
USD - Negative Economic Data Boosts the Dollar
The U.S. dollar rallied vs. most of the major currencies during last
week's trading session. The dollar gained about 500 pips against the
euro and about 400 pips against the British Pound.
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Friday,
13 August 2010,
09:51 GMT
Forexyard Daily Forex research
by Forexyard Research
US Dollar Gaining Ground; Analysts Uncertain about Why
With retail sales and consumer confidence figures expected from the
United States later today, there is a high possibility that the
greenback will experience a modest level of volatility before the market
closes out for the weekend. If the figures come in line with the
expected wave of positive news, the USD could go either way depending on
which forces are actually in control of the market. If optimism is in
charge, then positive figures will drive the USD higher. However, if
risk aversion is the dominant theme, the USD could actually decline from
a positive release as traders bail out of their USD safe-haven
positions and move into riskier assets.
Economic News
USD - Which Market Force is Behind the USD's Rise?
Tuesday's Federal Open Market Committee (FOMC) statement on future
monetary policy seems to have taken its toll on US dollar trading.
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Friday,
13 August 2010,
06:12 GMT
AceTrader
by AceTrader Research Team
EUR/USD Daily Market Outlook by AceTrader
Forex signal: Raise long entry for this move with stop as indi
cated n only below 1.2821 confirms recovery over.
http://www.acetraderfx.com
INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.2874
Late Update At 13 Aug 2010 05:50 GMT
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Friday,
13 August 2010,
01:54 GMT
AceTrader
by AceTrader Research Team
Daily Market Outlook by AceTrader-13-8-2010
Market Review - 12/08/2010 22:02 GMT
Dollar strengthens against yen as Japanese officials show concerns over yen's gain
http://www.acetraderfx.com
Dollar rose versus the Japanese yen on Thursday, as Japanese Prime Minister Naoto Kan and other officials expressed concerns over yen's excessive gain.
Read more >
Thursday,
12 August 2010,
11:05 GMT
Forex.com
by Jane Foley, Research Director
A renaissance for Eurozone debt worries?
EUR/USD bravely attempted to claw back some of yesterday’s losses in Asian hours.
However, sellers dumped the EUR during the European session as economic data reminded the market that this year’s fiscal and debt issues in EMU have not evaporated.
While most eyes were focused on the Fed at the start of this week, the situation in the European periphery took a turn for the worse.
Attention yesterday was focused on Ireland with the bond spreads vs Bunds blowing out on fears about the mounting costs of the bailout of Anglo Irish bank.
The spreads have improved a little today as the Bank of Ireland dismissed the movement in bond markets as spasms.
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