Forexyard Analysis

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Forex Analysis - CB Consumer Confidence Figures Set to Dominate USD Trading

Dollar trading today is set to be dominated by key releases from the U.S., such as the CB Consumer Confidence figures at 14:00 GMT. The speech by Treasury Secretary Timothy Geithner at 20:00 GMT is also set to be a market mover when it takes place at 20:00 GMT. It is also recommended that you follow the results from top U.S. companies, as this may help the U.S. Dollar continue to gain on its recent bullish trend.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - USD Continues to Gain on Return to Risk Aversion

The USD continued to advance Tuesday against major currencies as a measure of U.S. consumer confidence registered an unexpected decline for October. Gold futures extended losses from the previous session as the USD rose. December Gold fell $7.40, to settle at $1,035.40 an ounce on the Comex division of the New York Mercantile Exchange and is currently trading around $1041.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - U.S. Advanced GDP Report at Forefront of Forex Trading Today

The surprise drop in New Home Sales in the United States yesterday has resulted in a sudden buy-up in USD as investors flock to safe-havens. With a market that appears to be lacking a clear direction recently, major reports such as the New Home Sales report yesterday and today's Advanced GDP data become that much more important to watch as more investors await their release before trading.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Dollar to be at the Forefront of Forex Trading Today

The Dollar is set to be at the forefront of forex trading today. This is after The USD fell against its major counterparts on Thursday, after a string of gains in recent trading sessions. Yesterday's behavior was the results of the confirmation that the U.S. economy returned to growth in the 3rd quarter, boosting investor optimism, leading to the equity market to rally, and curbing the need for the greenback's relative safety.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Interests Rates Announcements Expected from the U.S, U.K and Euro-Zo

After a week of greenback recovering this week promises to provide high volatility. Interest Rate announcements are expected from the U.S, the Euro-Zone and the U.K. In addition, the Non-Farm Employment Change for October will be released on Friday. In short, sharp fluctuations are expected, with plenty of opportunities to make large profits.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - U.S. Factory Orders to Dominate USD Trading

The USD is likely to move on the U.S. Factory Orders publication today at 15:00 GMT. The reason why this release is so important is due to Monday's releases that showed the U.S. economy is on a rapid road to recovery. Therefore, a similar result today could lead to very high volatility in the forex market, and a possible mass sell-off of the Dollar. In order to make some decent profits today, you should open large positions in the EUR/USD, GBP/USD and USD/JPY pairs now.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Dollar Trades Higher as Fed Rate Announcement Awaited

The Federal Reserve is expected to keep its benchmark Interest Rate unchanged near zero today, as traders get ready for a busy news cycle. Investors will focus on the interest rate outlook, but many analysts say the Fed is unlikely to change the wording of its pledge to keep rates low for an extended period. This may have the result of stabilizing USD trading, or potentially driving the world's primary currency to new extremes. Will the USD experience a reversal from yesterday's bullishness?

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Market Awaits BOE and ECB Statements

The Bank of England's (BOE) rate statement is due at 12:00 GMT while the European Central Bank (ECB) press conference is expected at 13:30 GMT. While both banks are expected to keep their interest rates at their current level, the statements should provide an insight to the current economic conditions as well as economic outlook for the near future. The BOE is expected to increase its quantitative easing program.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Forex Market Awaits Non-Farm Employment Change Figures

Today, traders should pay close attention to the release of the U.S. Non-Farm Employment Change report. This indicator always produces extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the market following this vital announcement at 13:30 GMT.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Gold Reaches $1,100 an Ounce!

While the Dollar drops against the major currencies due to the disappointing U.S employment data from Friday, the strongest trend in the market appears to be the bullish gold. Gold continues to break new record highs on a daily basis, and has now reached over $1,100 on ounce. Can it reach higher?

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Dollar to be the Driver of the Forex market Today

The Dollar is expected to be the driver of the forex market today. This is following yesterday's bearish session for the U.S. currency. Traders will be very mush focused on Federal Reserve Bank of Atlanta President and key Federal Reserve FOMC (Federal Open Market Committee) member Dennis Lockart's speech at 14:15 GMT, and the IBD/TIPP Economic Optimism release at 15:00 GMT. It is encouraged that you traders open big positions in the USD now.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - The Dollar Up Slightly but Still Vulnerable

The U.S Dollar bounced off a 15-month low yesterday and the EUR dipped below $1.50 as investors paused to assess whether the global outlook justifies a recent rally in higher-yielding currencies and assets. The British Pound in particular struggled on Tuesday after Fitch ratings agency told Reuters that Britain was the major economy most at risk of losing its top AAA credit rating.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Dollar Anticipates Release of U.S. Unemployment Claims

e U.S. Unemployment Claims is the primary publication today that is set to determine the level of the USD when it is released at 13:30 GMT. The other main releases that are set to dominate forex trading, especially for currencies such as the Dollar and EUR is the publication of the Industrial Production from the Euro-Zone at 10:00 GMT and Crude Oil Inventories at 16:00 GMT. Traders may find good opportunities to enter the market following these vital announcements.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Gold Continues to Climb

While all the major currencies continue to provide mix results, there is still one extremely strong in the market - the bullish Gold. During last night gold reached over$1,163 an ounce, making another all time high. However, a recovery of the Dollar, if indeed takes place, has the potential to put an end to Gold's uptrend.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Dollar Tumbles After Big Day on Wall Street

The Dollar decreased dramatically on Monday after a big day on Wall Street led to increased risk taking behavior among investors. An increase in equity and the price of commodities, as well as positive news on existing U.S. home sales had a dramatic effect on trading. Investors dumped their dollars in favor of high yielding currencies such as the EUR, which made impressive gains.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Dollar Sentiment Down on Recovery Concerns

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.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - Rally in Equities Pushes Investors to Riskier Assets

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.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - The U.S Dollar Rises Amid Dubai Debt Concerns.

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.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - U.S Non-Farm Payrolls Week Begins

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.

Read the complete in depth forex analysis of today at our forex news center

 

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Forex Analysis - U.S. Interest Rate Announcement Expected This Week

Last week's major development was the strengthening Dollar. This has shown that a real change in the market might take place, and that the Dollar could strengthen further. The most significant news publication this week will be the U.S Interest Rates announcement on Wednesday. Will the FED hike rates?