Author: Forexyard.com

The USD tumbled on Friday, following a worse than expected Non-Farm Employment Change report that signaled a slowing down in the US economic recovery.

Despite the unveiling of the ECB’s plans to lower borrowing costs in the euro-zone yesterday, the euro fell against most of its main currency rivals during afternoon trading, after it was announced that growth-forecasts in the region...

The euro rallied against virtually all of its main currency rivals during European trading yesterday, as details regarding the ECB’s plan to lower borrowing costs in Italy and Spain began to surface.

The US dollar fell against several of its main currency rivals yesterday, following a worse than expected American manufacturing indicator which led to increased speculations that the Fed will soon take action to boost the US economic...

The euro was able to largely maintain its recent gains yesterday, as a lack of significant news resulted in a low liquidity environment in the marketplace. That being said, the Australian dollar fell to new six-week lows...

The euro shot up to an eight-week high against the US dollar on Friday, following a speech from Fed Chairman Bernanke in which he hinted that new steps will soon be taken to boost the US economic...

The marketplace was relatively quiet yesterday, despite a positive Italian ten-year bond auction which signaled to investors an improving economic situation in the euro-zone. Today, the main piece of news is likely to be an eagerly anticipated...

The US dollar was able to recoup some of its recent losses during European trading yesterday, as better than expected US data helped boost confidence in the American economic recovery. Today, potentially significant news out of both...

The US dollar took losses against most of its main currency rivals yesterday, as speculations that the Fed may soon initiate a new round of quantitative easing caused investors to shift their funds to higher yielding assets.

The euro saw slight gains against several of its main currency rivals yesterday, despite a worse than expected German Ifo Business Climate figure that signaled a possible slowdown in the euro-zone’s strongest economy.