The euro had another bearish day yesterday, following the release of worse than expected German economic indicators during the morning session. The news led to fears that the euro-zone’s biggest economy may be slipping into recession, which...
The yen hit a three-month low against the dollar and 5-1/2 month against the EUR, as the JPY remained pressured by persistent speculation that the Bank of Japan may decide on more monetary stimulus at a policy...
U.S. New Home Sales affected Friday afternoon trading as the greenback quickly made gains against its major currency rivals. Also, concerns about Spain’s requesting a bailout were largely responsible for losses that both the euro and gold...
Yesterday, U.S. Jobless claims affected all major currencies and pairs when the Unemployment Claims came in higher than expected. Today, traders should look to continue following reports out of the EU Economic Summit as it goes into...
Today, traders should pay close attention to the release of the U.S. Unemployment Claims report. This indicator always provides for extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the market...
The euro made bullish gains yesterday morning against the dollar and yen, as investors increased their confidence regarding Spain asking for a bailout and confidence in the German economy. Today, the main piece of economic news is...
The US dollars had a bearish trend against most of its main currency rivals before markets closed for the weekend on Friday, as concerns regarding Spanish debt continued to boost safe-haven currencies. Worries about Spain were also...
After dropping to a 10-day low vs. the US dollar in overnight trading yesterday, the euro was able to stage a significant recovery during the European session yesterday. In addition, a better than expected US unemployment claims...
Yesterday, traders looked to invest in riskier assets, strengthening the euro and devaluing the dollar. A lack of significant overall news had investors looking to today’s news for clues as to the level of risk appetite in...
News out of Europe affected yesterday’s trading as most major pairs turned bearish due to concerns about Spain and Greece. A speech from European Central Bank President Draghi during morning trading kept the major pairs from huge...
