Dollar Stays Lower before U.S Retail Data

by Forexyard.com | January 14, 2010 8:13 am
The U.S Dollar remained lower against most major rivals on Thursday after the Federal Reserve’s report on regional economic conditions said conditions were improving modestly. Traders said the focus was now turning to the U.S. reports on...

Yen Strengthens on Chinese Bank Regulation

by Forexyard.com | January 13, 2010 7:45 am
The US Dollar was little changed against the EUR but fell significantly against the yen during Tuesday’s trading session after the People’s Bank of China increased the amount of reserves Chinese banks must hold in order to...

USD Declines on Renewed Confidence regarding the Global Economic Recovery

by Forexyard.com | January 12, 2010 8:32 am
The U.S Dollar declined against major counterparts Monday as risk appetite returned on renewed confidence about an impending global economic recovery. The renewed optimism fueled demand for the EUR as well as currencies from commodities-rich countries such...

Dollar Tumbles Following Negative Non-Farm Payrolls Data

by Forexyard.com | January 11, 2010 4:11 pm
After a relatively peaceful trading week, the shock took place on Friday. Very disappointing U.S. Non-Farm Employment Change data has created mayhem in the market, and took the EUR/USD pair above the 1.4500 level. The main question...

Non-Farm Employment Change to Invigorate Today’s Market

by Forexyard.com | January 8, 2010 6:55 am
On tap today is the ever-important US Non-Farm Employment Change (NFP) report due at 13:30 GMT. This is one of the most important economic events on the calendar and is always released on the first Friday of...

Dollar Anticipate Release of U.S. Unemployment Claims

by Forexyard.com | January 7, 2010 8:55 am
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...

Dollar Falls on Fed Comments and Better Manufacturing Data

by Forexyard.com | January 5, 2010 8:32 am
The U.S. dollar dropped against the major currencies during in the first day of trading for the decade after better than expected economic numbers were released from the U.K. and the U.S. while upbeat comments from the...

Dollar near a 3 Month High on Signs of Economic Recovery

by Forexyard.com | December 31, 2009 7:48 am
Better than expected Chicago Manufacturing Index and lower equities pushed the USD to new highs versus the EUR and JPY Wednesday. Trading is expected to be extremely light today as markets close early ahead of New Year’s...

The U.S. dollar Trades Higher on Recovery Signs

by Forexyard.com | December 30, 2009 7:18 am
The U.S dollar posted gains against most major currencies on Tuesday, boosted by a report showing a rise in U.S. consumer confidence this month. According to analysts, the ongoing gains in the Dollar are based on U.S....