Forex News

January 5, 2012 - EUR Corrects Itself Following German Debt Auction

By Forextvblog on

The euro staged a downward reversal yesterday, following a German debt auction that caused investors to once again place their funds in safe-haven assets. Today, traders will want to pay attention as major market volatility is expected following news events from the UK, US and Canada. USD - USD Rebounds Following Return to Safe-Haven Assets The US dollar had a very bullish day yesterday, following a less than enthusiastic German debt auction which sent investors back toward safe-haven assets like the USD and CHF. The dollar saw upwa... ( read more )

EUR/JPY Hits 10-Year Low to start off the New Year

By Forextvblog on January 3, 2012 -

USD - Non-Farm Payrolls Set to Impact USD this Week. With most markets closed on Monday, the USD started off the week showing very little movement against its main currency rivals. That is all set to change as a series of leading indicators are set to be released throughout the week, concluding with the Non-Farm payrolls figure on Friday. The Non-Farm figure is considered one of the most critical economic indicators, and it is guaranteed to inject significant volatility across the marketplace. Turning to today, dollar traders will... ( read more )

2012 Preview – Examining the Major Issues

By Forextvblog on January 2, 2012 -

CAD - Loose BoC Monetary Policy to Weigh on CAD A worsening global economic background does not bode well for the CAD. Economists have begun to downgrade their 2012 Canadian outlook and GDP forecasts as the gloom from Europe spills over into Canada. This hints that the BoC will loosen monetary policy in Q2 as events outside of Canada begin to influence the local macroeconomic outlook. Continued declines in commodity prices may also have a negative effect on the CAD. Since its peak in April the Thomson Reuters/Jefferies CRB Commodity ... ( read more )

December 29, 2011 - US Data to Close out the Year on a High Note

By Forextvblog on

There has been a noticeable trend of stronger US economic data over Q4. Today's last batch of US numbers for this year may show the US economy go into 2012 on a high note. USD - US Data to Close out the Year on a High Note There has been a noticeable trend of stronger US economic data over Q4. Today's last batch of US numbers for this year may show the US economy go into 2012 on a high note. This afternoon we'll get pending home sales, unemployment claims, and the Chicago PMI. Last week's housing data was mixed with existi... ( read more )

Daily Forex News

By Forextvblog on December 28, 2011 -

The broad markets largely produced a day of sideways trading as thin volumes continued to take their holiday toll. The major currencies produced consolidated movement throughout Tuesday as data and news proved to lack impetus. There will be no major data releases today and this will leave existing sentiment as king. While the European financial crisis continues to lurk in the shadows it is highly unlikely that any big developments will unfold before the New Year. The EUR/USD pair, followed by the GBP, AUD, and JPY performed nearly dormant on Tu... ( read more )

Forex Trading TV Video Blog

Forex blog | Forex TV | Daily Forex analysis | Video Forex Analysis | Currency trading news | Gold trading | Crude Oil Trading | Foreign Exchange News.