Forexpros.com Daily Analysis
Overnight Asia/Europe • USD starts weaker in Asia, two-way action• Japan Tankan below forecast• Most pairs at technical S/R
Category: Daily Forex Reports
EUR Surges over 5% on the Dollar this past Week
The EUR made huge gains last week against the Dollar with the largest showing made on Friday. These gains may signal a reversal to the Dollar’s rise in recent months.
Dollar Weakness Helps Crude Oil Prices Jump
Dollar volatility is expected today as traders are likely to act on yesterday’s lows against the EUR and JPY. This coincides with several important economic data releases coming out of the United States today. These include the...
Forexpros.com DaiIly Analysis
Today’s US Dollar Trading • Equities firmer but two-way, majors follow-suit• EURO scores highs on stop-driven trade, closes firm• Technical levels in most pairs breached
Dollar Likely to Depreciate on Release of U.S. Unemployment Claims
Traders should look for the release of two key indicators today; the U.S. Trade Balance and U.S. Unemployment Claims. As reported earlier this week, the U.S. economy has seen a record number of new jobless claims. This...
Forexpros.com Daily Analysis
FREE-Live Forex Webinar!! Foreign Exchange doesn't have to be Foreign Wed, Dec 10, 2008, 16:00 GMT Hosted by Jay Engelmayer of Finexo Finexo’s Webinar will address the following topics:— The logical side of Forex trading –...
Dollar is Likely to Move on News Coming from Europe and Japan
In forex trading, the USD is set to have a relatively quiet news week. This lack of major news indicates that the other major currencies, such as the GBP, CHF, JPY, and EUR, may be the market...
New Zealand to Kick Off Series of International Interest Rate Cuts
With one of the highest interest rates around the globe, New Zealand is set to slash its rates by a massive 150 basis points later this evening. With the international credit crunch and economic crisis, countries are...
Forexpros.com Daily Analysis
Get excited for this afternoon's live FREE webinar – How to determine the forex market cycles -Types of market moves Wed, Dec 3, 2008, 13:00 GMT Featuring Dr. S. Sivaramen of I-knowindices. The webinar will cover...
EUR and GBP Weakening in Expectation of Euro-Zone Rate Cut
The USD has advanced against the EUR and GBP on speculation that the European Central Bank (ECB) and Bank of England (BoE) will reduce borrowing costs this week in response to the expanding recession in the Euro-Zone....