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...

High Volatility might Continue this Week

by ForexCycle.com | June 1, 2009 8:07 am
After depreciating consistently over the past few weeks, the USD is now traded over 1.41 against the EUR, and over 1.62 against the GBP. This week on Thursday, at 11.45 GMT, the ECB will deliver its periodical...