forex

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 )

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 )

July 8, 2009 - The Greenback Recovery Continues

By Forextvblog on

Risk appetite among investors continues to fade ahead of the second quarter earning season. With growing fears over disappointing earnings numbers due too weak consumer consumption, investors continue to turn to the safe haven USD and JPY and away from riskier currencies. The strong Dollar and falling equities continue to hurt Oil, with Prices reaching $62 a barrel. The U.S Dollar rose broadly yesterday against the EUR and GBP, as uncertainty about the global economic outlook and forthcoming U.S. corporate earnings increased the safe-haven ... ( read more )

Forex Daily Tips – June 3rd 2009

By Forextvblog on June 3, 2009 -

12:15 GMT: ADP Non Farm Employment · Monthly economic indicator used to measure the change in the number of employed people, excluding the farming industry. · This release tends to create either big changes to current trends or push current trends even further. · The release of the survey typically creates a volatile trading environment, affecting not only the USD pairs but also the value of Crude Oil and Gold. · Very positive result will push the dollar up. This indicator is a "preview" for the Non-farm Payrolls report expecte... ( read more )

Crude Oil Prices Goes Up on Weak Dollar

By Forextvblog on May 15, 2009 -

Oil prices reached over $49.50 a barrel yesterday, an increase of a whopping 4%. It seems that the OPEC production cuts have worked. Traders should also take into account that the Crude prices were also fueled yesterday by bullish stock markets and a weak Dollar. The price of Crude Oil is only likely to increase further today if the U.S. and Euro-Zone continue to show optimism, and the Dollar continues its bearish run. The U.S. Dollar plummeted considerably versus its major rivals on Thursday. This was amid uncertainty about the economic ou... ( read more )

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