Forex Trading TV Video Blog

As the Crises in Dubai created some volatility in the market approaching the weekend, the affect of this story appears to have eased at the moment. Currently the most important data this week looks to be the U.S Non-Farm Employment Change expected on Friday. This publication usually creates unique opportunities to make profits, and traders should take advantage. After showing some signs of recovery, the Dollar continued to drop during last week's session. The Dollar most significant drops were against the Yen and the Euro. The EUR/USD p... ( read more )

Fears of a potential default in Dubai sent shock waves through financial markets Thursday, weighing on European and Asian equities and pulling the U.S. Dollar off of recent lows as investors sought out safe havens. Analysts said Dubai's woes were a blow to sentiment, serving as a reminder that potential trouble spots remain in the world economy. The U.S. Dollar rebounded versus most major rivals except the Japanese Yen Thursday, benefiting from safe-haven flows amid fears of a potential sovereign debt default by Dubai. Dubai's shock mov... ( read more )

The Dollar slid against its major currency counterparts following a rally in global equity markets. The rally prompted investors to turn to higher yielding riskier assets and away from the USD. With recent market optimism, traders may continue to see a small downward trend in the U.S. Dollar as its positions are unwound in exchange for higher yielding assets. The dollar dropped to a 15-month low against most of its major currency pairs yesterday, as generally upbeat U.S. economic data and gains in world stocks eroded the greenback's saf... ( read more )

Dollar remained mainly within range against the EUR Tuesday, however, Dollar sentiment dampened after statements from the Federal Reserve saying they believe the economy is going to recover at a slow pace and that unemployment will remain high well into 2011. The USD held on to modest gains Tuesday as equities and commodities declined. However, pressure on Dollar sentiment came following the FOMC Meeting Minutes. The Federal Reserve said Tuesday that officials believe the economy is going to recover at a slow rate while unemployment wil... ( read more )