Forexyard Analysis

[forexyard]

Riskier Assets in Demand; Europe Debt Worries Remain

Investors raised their appetite for riskier assets during yesterday's trading, but still avoided European and British currencies because of debt worries. The big gainers yesterday were the AUD and CAD, both currencies are linked to commodities, in particular crude oil. Crude oil had recently gained in positive momentum, although it closed slightly lower yesterday. The question remains whether the EUR and GBP will attract some of the appetite for riskier assets.

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

 

[forexyard]

Forex daily analysis - Bearish Dollar Will Try and Recover Losses Today

Following yesterday's bearish downturn for the U.S. Dollar, the greenback will try and recover some of its losses with the help of several critical economic indicators today. Both the U.S. Trade Balance Report and this week's unemployment claims are likely to have an impact on Dollar positions. Whether or not they can provide USD with the necessary momentum to reverse its current direction is yet to be known.

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

 

[hetller]

Re: Forex Analysis - Dollar Anticipates Release of U.S. Pending Home Sales

Awesome work, just keep it up

 

[forexyard]

Forex Analysis - Dollar Lower on Mixed Data

The Dollar remained lower against higher yielding currencies today, after mixed economic data published yesterday. Crude Oil prices remained mainly unchanged on concerns of Chinese monetary policy tightening which might dampen the country's demand for commodities.

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

 

[forexyard]

Will the Dollar Continue To Slide Against the Euro?

During last week's trading, the Dollar saw a bearish correction against the Euro, following several weeks of a consistent bullish trend. This week's most interesting question is whether the Dollar will resume the bullish trend, or might the Euro's recovery proceed? This could be answered on Tuesday when the U.S. Interest Rate decision will be announced. If the Fed will surprise and hike rates, it has potential to create mayhem in the market.

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

 

[forexyard]

EUR Falls on Risk Aversion; Rebound Expected?

With a sharp reduction in domestic and foreign investment in the United States, and a decline in the US stock market, the USD and JPY appear to have made more than moderate gains against most of their rivals, and the EUR may be on the short end of the market as a result. However, given today's ZEW economic sentiment reports, there is a chance that the EUR could experience a modest rebound if the figures come out in favor of the Euro-Zone's regional economy.

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

 

[forexyard]

GBP Gains Heavily for First Time in Weeks

Yesterday ended with traders returning to the EUR and GBP while selling safe-haven currencies such as the USD and the JPY. An agreement regarding a future safety net for Greece's debt problems helped lift the EUR. Later, Standard & Poor's affirmed its rating for Greece which gave the euro another boost. The GBP experienced its biggest daily gain in several months after better than expected data was published.

 

[forexyard]

Forex daily analysis - Unemployment Claims in Focus Today

The U.S. Unemployment Claims is the primary publication today that is set to determine the level of the USD when it is released at 12:30 GMT. The other main releases that will dominate forex trading, especially for currencies such as the Dollar, EUR and GBP is the publication of Europe's Current Account Balance and British Public Sector Net Borrowing at 9:00 GMT and 9:30 GMT respectively. 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

 

[forexyard]

Forex daily analysis -Dollar Wins Amid Greek Debt Concerns

The U.S dollar rose on Thursday amid signs of increasing tensions within Europe over an aid plan for the debt-strapped Greek government. The Dollar also received support from some discussion in the market about the possibility that the Federal Reserve will raise the discount rate sooner than previously slated.

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

 

[forexyard]

Forex daily analysis - Is the EUR/USD on its Way Towards a New Low?

After two weeks in which the Euro saw a bullish correction against the Dollar, the EUR/USD pair seems on its way downwards. The pair is currently trading around the 1.3515 level, and a drop of 100 pips will mark a year low. Will it take place later on in the week?

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

 

[forexyard]

Dollar Down after Touching 10-Month High vs EUR

The U.S. Dollar turned slightly lower versus the EUR as traders positioned for a big European Union (EU) meeting this week amid signs of a deepening divide among policy-makers over aid to Greece.

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

 

[forexyard]

EUR/CHF Reaches All-Time Low!

Investors saw mixed signals regarding the Greece bailout plan. However, the European Union (EU) meeting on Thursday may end the uncertainty surrounding the aid program. Meanwhile the EUR has hit an all time low against the Swiss Franc, down more than 100 pips yesterday; currently the pair is trading at 1.4230, down from 1.4614 less than two weeks ago, and marking a record low point for the pair.

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

 

[forexyard]

Forex daily analysis - EUR/USD Falls on European Fiscal Concerns

The Dollar rallied broadly, while the EUR fell to 10-month lows on Wednesday, as a ratings firm downgraded Portugal, adding to worries over debt sustainability and growth in some of euro zone's smaller countries. That supported some safe-haven flows into the U.S. dollar.

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

 

[forexyard]

Forex daily analysis - EUR Drops to 10 Month Low over Trichet's Criticism of IMF Invo

The EU economic summit will likely be the focus today, as the final Greek rescue plan is expected to be delivered today. A satisfactory plan may provide the much needed push to the EUR which was plagued by the debt issues in the region.

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

 

[forexyard]

EUR Recovers from 10 Month Low over Greece Plan

Last week ended with a recovery for the Euro, mainly due to speculations that the Euro-Zone will offer a bailout plan for Greece. This week's trading will continue to be affected by the Greece debt crisis, yet the big move of the week is expected on Friday when the U.S. Non-Farm Payrolls will be released.

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

 

[forexyard]

Forex daily analysis - Euro Trading Lower on Financial System Worries, Positive U.S.

The Dollar rose versus the EUR, but was mixed in the other major crosses after renewed concerns over the European banking system weighed on the EUR and other riskier, higher yielding currencies.

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

 

[forexyard]

Dollar Looks to Extend Bullish Trend Against Yen

Coming off its recent 3-month high against the Japanese Yen, the U.S. Dollar is looking to continue its bullish run in trading today. Risk appetite seems to be returning, especially as predictions are coming in that Fridays U.S. Non-Farm Payrolls Data will show the U.S. added jobs last month. If this remains the case, the Yen will likely fall against its major counterparts today.

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

 

[forexyard]

Forex daily analysis - U.S. Non-Farm Payrolls on Tap

The U.S. payrolls report is due today with analysts forecasting the economy added 185,000 jobs last month. That would be an outcome that would likely lift the U.S dollar and boost expectations for higher U.S. interest rates.

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

 

[forexyard]

Markets Respond to U.S. Employment Results

Following Friday's U.S. Employment figure, the best in three years, risk taking returned to the marketplace. Additionally, the U.S. economy saw further signs of improvement after yesterday's ISM Non-Manufacturing PMI and Pending Home Sales reports. While risk taking caused the Euro to trade above the 1.3500 level throughout yesterday, it has since fallen almost 100 pips to its current level of 1.3430.

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

 

[forexyard]

Forex daily analysis - Dollar Anticipates Release of U.S. Unemployment Claims

Today, traders should pay close attention to the release of the U.S. Unemployment Claims 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 12:30 GMT.

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