After a relatively calm trading week, on which it seemed that the Dollar and the Yen would continue to rise, European governments have offered an aid package to Greece and have immediately created mayhem in the market....
The Euro was provided assistance earlier today when the European Central Bank (ECB) announced that interest rates would be held steady – as was expected – and that there was little fear of a sovereign default by...
Today, traders should pay close attention to the release of the U.S. Unemployment Claims report. This indicator always produces extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the market following...
Disagreement over Greece’s rescue package reignited concerns over the pace of recovery in the Euro-Zone, dampening demand for the common currency. The U.S Dollar reached parity with the Canadian Dollar yesterday, briefly trading below the CAD for...
Following Friday’s U.S. Employment figure, the best in three years, risk taking returned to the marketplace. Additionally, the U.S. economy saw further signs of improvement after yesterday’s ISM Manufacturing PMI and Pending Home Sales reports. While risk...
The U.S. payrolls report is due today with analysts forecasting the economy added 185,000 jobs last month. That would be an outcome that would likely lift the U.S dollar and boost expectations for higher U.S. interest rates.
Coming off its recent 3-month high against the Japanese Yen, the U.S. Dollar is looking to continue its bullish run in trading today. Risk appetite seems to be returning, especially as predictions are coming in that Fridays...
The Dollar rose versus the EUR, but was mixed in the other major crosses after renewed concerns over the European banking system weighed on the EUR and other riskier, higher yielding currencies.
Sterling traders can expect a busy trading day today as the U.K Nationwide HPI and Current Account reports are likely to shake up the market. The reports, scheduled for 06:00 GMT and 08:30 GMT respectively, may provide...
Last week ended with a recovery for the Euro, mainly due to speculations that the Euro-Zone will offer a bailout plan for Greece. This week’s trading will continue to be affected by the Greece debt crisis, yet...
