G20 Summit Leaders Agree to Prevent Currency Devaluation War

by Forexyard.com | October 26, 2010 6:30 am
Regardless of an agreement at the weekend’s G20 summit to avoid a currency devaluation war, investors have begun to price in the expectation of an asset purchasing facility by the Fed following their upcoming policy meeting on...

Bernanke Speech Likely to Drive Market Direction Today

by Forexyard.com | October 25, 2010 7:05 am
As the market’s get set for another week of heavy trading, investors are eagerly awaiting a speech from the Fed Chairman today, scheduled to occur at 12:30 GMT. Traders will want to watch out for any mention...

Markets Cautious Ahead of G20 Meeting

by Forexyard.com | October 22, 2010 7:15 am
With speculations about further quantitative easing and possible currency agreements dominating this week’s trading, the meeting of G20 central bankers is going to continue to be the focus coming to next week and will likely provide a...

USD Reverses Gains, Drops against Major Counterparts

by Forexyard.com | October 21, 2010 6:40 am
The U.S. dollar on Wednesday gave back most of the gains against major counterparts, dropping against the EUR and felling to a 15-year low against the Japanese yen, as the knee jerk reaction to China’s interest rate...

Will the USD Be Able to Maintain Yesterday’s Gains?‎

by Forexyard.com | October 20, 2010 8:00 am
Following yesterday’s volatile trading session, in which the US dollar gained around ‎‎300 pips against the euro, analysts are questioning whether the dollar gains were a ‎temporary occurrence or the beginning of a larger trend. Today, news...

Future Fed QE Move has USD Traders Cautious

by Forexyard.com | October 19, 2010 6:47 am
With a week relatively light on US data, investor eyes will be squarely zeroed in on Federal Reserve speakers. The Fed could offer clues about a possible plan to stimulate the US economy through a fresh round...

Can The USD Continue to Gain Ground Today?

by Forexyard.com | October 15, 2010 7:47 am
A tightening of monetary policy in Singapore was the main factor in the dollar dropping to record lows against several of its main currency rivals in trading yesterday. The EUR/USD pair went as high as 1.4123 before...

Dollar Falls Sharply vs. Rivals

by Forexyard.com | October 14, 2010 6:19 am
The US dollar tumbled against a wide range of currencies Thursday, hit by continued weakness ahead of expected easing by the Federal Reserve, and quickly accelerated by a surprise decision by the Monetary Authority of Singapore to...

Dollar Falls after FOMC Meeting Minutes

by Forexyard.com | October 13, 2010 7:43 am
The U.S. dollar fell against the EUR on Tuesday after minutes from the U.S. Federal Reserve’s latest meeting confirmed that the U.S. central bank would likely soon inject the markets with cash to support the fledgling economy.

Forex Markets Experiencing Calm Before a Storm?

by Forexyard.com | October 12, 2010 6:29 am
Yesterday’s celebration of Columbus Day in the United States, coupled with Thanksgiving Day in Canada, led to thin market conditions in yesterday’s North American trading sessions.