U.S. Interest Rate Announcement Expected This Week

by Forexyard.com | December 14, 2009 8:14 am
Last week’s major development was the strengthening Dollar. This has shown that a real change in the market might take place, and that the Dollar could strengthen further. The most significant news publication this week will be...

Credit Ratings Downgrades Pressure the EUR

by Forexyard.com | December 11, 2009 7:51 am
The EUR continues its decline against the Dollar on concerns the credit ratings of more European nations will be lowered. Spain had the outlook on its debt grade cut to “negative” from “stable”. Greece’s credit ranking was...

U.S. Dollar Drops After Three Straight Days of Gains

by Forexyard.com | December 10, 2009 9:09 am
After three days of continuous gains, the U.S. Dollar ended its winning streak Wednesday, as traders began to turn to riskier currencies amid a positive day on Wall Street. Subsequent gains made by the EUR threatened to...

The Dollar Hits 5 Week High on Dubai and Greece Concerns

by Forexyard.com | December 9, 2009 7:34 am
The U.S. dollar rose on Tuesday to the highest level versus the EUR in 5 weeks and gained against other major currencies, as worries about high levels of debt in Greece and Dubai led investors to buy...

Is the Dollar Recovering?

by Forexyard.com | December 7, 2009 7:48 am
Due to a much better than expected U.S Non-Farm Employment Change figures for November, the Dollar rose against all the major currencies on Friday. Moreover, this has been one of the first times since the recession began...

U.S. Non Farm Employment Change to Set the Level for the USD Today

by Forexyard.com | December 4, 2009 8:10 am
Today, traders should pay close attention to the release of the U.S. Non-Farm Employment Change report. This indicator always provides for extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the...

Dollar Makes Impressive Gains against JPY

by Forexyard.com | December 3, 2009 6:44 am
The U.S. Dollar rallied against the Yen on Wednesday amid speculation that the Japanese government would intervene in order to prevent its currency from rising any further. The intervention would be an attempt to help the Japanese...

The U.S dollar Declines as Dubai Worries Fade

by Forexyard.com | December 2, 2009 7:47 am
The Dollar fell to its lowest level in 15 months against the EUR and a basket of other major currencies Wednesday as concerns about Dubai’s debt problems faded adding to demand for higher-yielding assets. Government-related Dubai World...

Cautious Optimism Returns to Markets

by Forexyard.com | December 1, 2009 7:34 am
The Dollar declined slightly against most rivals in today’s early trading, as concerns over Dubai’s debt repayment problems eased, boosting demand for higher yielding currencies and commodities.