USD Quivers from Chrysler-Fiat Ordeal

by ForexCycle.com | June 9, 2009 8:01 am
After gathering some positive momentum at the end of last week from US employment data, the US Dollar now faces a new ordeal. As the US Supreme Court attempts to block the sale of Chrysler to Fiat,...

Greenback Slips After Posting Its Largest 1 Day Gain

by ForexCycle.com | June 8, 2009 9:53 am
The currency market is focusing on U.S. short-term Interest Rates as talk of a rate increase by the Federal Reserve has emerged. Dealers said that market participants will focus on a slew of Treasuries auctions this week....

U.S. Non-Farm Employment Change Data to Dominate USD Trading

by ForexCycle.com | June 5, 2009 7:47 am
Today’s U.S. Non-Farm Employment Change data release is set to dominate the trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as...

Tomorrow’s U.S. Non-Farm Payrolls to Dictate USD Direction

by ForexCycle.com | June 4, 2009 9:23 am
The Dollar gained considerably ground in yesterday’s trading, whilst the price of Crude Oil plummeted. The question today is can this pattern be extended into end-of-week trading? The answer to this question will be determined by a...

U.S Economy Awaits ADP Non Farm Employment Figures

by ForexCycle.com | June 3, 2009 9:04 am
The Dollar continued its freefall against all the major currencies despite positive housing data figures from yesterday. Today, at 12:15 GMT, Forex traders will have the ability to enjoy hefty volatility in the market as the ADP...

ForexPros.com Daily Analysis — 3 June 2009

by forexpros.com | June 3, 2009 8:43 am
EUR/USD Continues to March A pair has just pulled off the highs in the early Tokyo session, but the trend is still up and the bias is still up.

A Global Stock Market Rally Leads Trading

by ForexCycle.com | June 2, 2009 9:34 am
Strong economic data from the U.S, U.K and China combined with strong equity performances has led to a sell-off of the safe haven currencies and pushed investors to higher yielding, riskier currencies as many see the global...