Author: Forexyard.com

Higher-yielding assets took moderate losses to start off the week yesterday, as investor fears regarding the pace of the global economic recovery outweighed positive US employment data from last Friday.

The US dollar took losses against several of its main currency rivals on Friday, following the release of this month’s Non-Farm Payrolls report and unemployment rate.

The euro saw upward movement against its main currency rivals yesterday, after the ECB announced that euro-zone interest rates would remain unchanged at 0.75%.

The US dollar received a boost against several of its main currency rivals yesterday, following the release of better than expected ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI figures.

The anticipation of a Spanish bailout affected all major currencies and pairs yesterday. While a request for a bailout by Spain could see a short-term rally in the euro, there is some resistance to it in the...

The US dollar saw gains 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 largely responsible...

Concerns regarding Spain and Greece’s ability to tackle their debt issues caused the euro to extend its recent bearish trend throughout the day yesterday.

Investor concerns regarding Spain’s ability to handle its debt issues once again weighed down on the euro, which hit a two-week low against the US dollar during trading yesterday. The news also resulted in bearish movement for...

The euro remained bearish throughout the day yesterday, as ongoing concerns regarding the debt situations in Greece and Spain weighed down on investor confidence in the euro-zone economic recovery.

A worse than expected German Ifo Business Climate indicator yesterday resulted in risk aversion among investors which caused the euro to extend its recent bearish trend. The news also weighed down on commodities, including crude oil which...