Author: Forexyard.com

The US economy will be publishing reports on PPI and crude oil inventories. Should today’s news disappoint, there is a possibility that more investment will get pushed towards the safety of the USD.

Traders will witness the release of moderately significant reports on inflation at the consumer and retail level in the UK today at 9:30 GMT. Should the figures reveal stagnation in inflationary growth, we could see heftier flights...

July’s ADP and NFP employment reports, released last week, both showed drastic increases in job creation, with ADP’s private sector data showing 14 consecutive months of growth.

Statements released by the Federal Reserve yesterday sparked a wave of pessimism in trading circles as no clear plans were put forth to address the financial weakness seen since S&P’s historic downgrade of the US credit rating.

Moody’s Investor Services defended the AAA rating of US debt yesterday, attempting to forestall a sharper decline on Wall Street and justify the USD and US Treasury notes as stable stores of value in this shaky global...

Most significant on today’s calendar will be the US publication of its Non-Farm Payrolls (NFP) data. Should today’s news foreshadow a modest growth in the largest economy’s employment sector, an assessment that seemed nigh impossible just days...

Economic news this week has pushed traders into a position of market pessimism; though trading yesterday was acting as though no safe-haven could be found. Little news has emerged which put a dent in the amount of...

The US economy will be publishing several reports today, most importantly is ADP’s publication of Non-Farm Employment Change for the private sector at 13:15 GMT. The employment data is a foreshadowing of Friday’s Non-Farm Payrolls (NFP) data.

The indication that a debt deal had been struck by members of both parties in the US Congress had initially driven the value of the US dollar (USD) higher in trading yesterday morning.

Risk appetite and market volatility are likely to be slightly elevated today as investors gear up for the rollercoaster that lies ahead considering today is the last day before the deadline for lifting the US debt ceiling.