Author: Forexyard.com

The most recent CFCT IMM data shows EUR non-commercial traders have their largest short position built in the futures market since June of last year.

Today at 8:15 GMT the market will digest Swiss CPI data for the month of November. The report is expected to show inflation rose by only 0.1%, up from a decline of -0.1% in October.

Central bankers and politicians were the drivers of the FX markets last week and this will likely continue this week. There are 9 central bank meetings on the economic calendar with the most important being the ECB...

Today’s non-farm payrolls report is expected to show improvement in US employment data as many economists have upped their forecasts following the strong ADP report. However, traders may want to remain skeptical as US unemployment continues to...

The world’s central banks have bought euro zone leaders additional time to come to a political solution after 6 central banks offered increased sources of liquidity. This sparked a rally in equities and the EUR while the...

Citing a failure of the Congressional super committee to address the US deficit Fitch moved to change its outlook on US government debt to negative from stable.

The USD came off its highs yesterday versus the majors after reports in the Italian press that the International Monetary Fund (IMF) will be providing aid to Italy. These reports subsequently proved to be false.

Germany’s failed bund auction shows the European debt crisis has made its way to the core of Europe.

Yesterday’s data from the Germany was on the positive side but disappointing PMIs from Europe point to a recession in the euro zone.

As investors reduce their exposure to higher yielding currencies the USD has become the overwhelming favorite.