Forexyard Analysis

Greece Concerns Allayed by ECB; EUR Rebounds

The Euro was provided assistance earlier today when the European Central Bank (ECB) announced that interest rates would be held steady - as was expected - and that there was little fear of a sovereign default by Greece. Such a turn of events gave the 16-nation single currency a much needed boost against its primary rival, the US Dollar, but some analysts contend that these gains will be short-lived.

Read the complete in depth forex analysis of today at our forex news center
 
Forex daily analysis - Greece Aid Package to Boost the Euro

After a relatively calm trading week, on which it seemed that the Dollar and the Yen would continue to rise, European governments have offered an aid package to Greece and have immediately created mayhem in the market. Currently the Euro and the Pound are ascending on all fronts, did you take advantage?
 
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Re: Forex daily analysis - Greece Aid Package to Boost the Euro

I also watched the situation but I think this trend may be unstable
 
The U.S currency Weakens ahead of Bernanke's Testimony

The U.S Dollar edged down versus the EUR during the session as traders look ahead to key U.S. economic data and congressional testimony from Federal Reserve Chairman Ben Bernanke later today. Traders will listen closely for any hints of changes to how long the Fed may keep Interest Rates on hold.

Read the complete in depth forex analysis of today at our forex news center
 
Forex daily analysis - U.S. News Likely to Dictate Direction of Marketplace Today

Following the Dollar's rather steep losses yesterday, traders can expect the greenback to either correct itself or extend its bearish streak today, depending on the outcome of several news events. The weekly U.S. Unemployment Claims figure and the TIC Long-Term Purchases report are both set to create market volatility.

Read the complete in depth forex analysis of today at our forex news center
 
EUR Falls on Renewed Greek Fiscal Worries

The euro dropped across the board as Greek sovereign-debt concerns sparked a sell off in the 16-nation currency. However, the currency limited its losses after it was announced that Greek leaders have met with IMF officials as a bailout of the nation looks more likely everyday.

Read the complete in depth forex analysis of today at our forex news center
 
Forex daily analysis - Will Crude Oil Continue To Drop?

Over the past week, Crude Oil saw an extremely volatile session. After peaking at $86.60 a barrel, crude oil sharply dropped and is currently trading at $83.30 a barrel. At the same time, the Dollar is correcting losses against the Euro and the two trends seem to be correlated. Will this proceed?

Read the complete in depth forex analysis of today at our forex news center
 
Air Transportation Fiasco in Europe Leads to EUR Decline

The grounding of air travel in Europe has put strong downward pressure onto the Euro-Zone's common currency. Analysts are putting losses so far around $1.7 billion, and declaring that European regional airlines likely suffered more than the major airlines of the United States. With concerns over Greece's recovery and bailout still vividly on the minds of financial leaders, the volcanic eruption in Iceland appears to have come at the worst possible time for the EUR.

Read the complete in depth forex analysis of today at our forex news center
 
Greek Debts, Greek Deficit, Euro Tumbles

A volatile day ended yesterday with the U.S. dollar gaining against most currencies after the European Union review over Greece deficit surprised investors sending traders back to the greenback while taking the EUR/USD pair to year low.

Read the complete in depth forex analysis of today at our forex news center
 
Re: Greek Debts, Greek Deficit, Euro Tumbles

We saw a pullback from the lows as soon as Greece announced is seeking IMF help. I think these corrections present opportunities for shorting.
 
that s history, history doesnt repeat itself, so what is the value of your "forexyard

.
 
Forex daily analysis - Interest Rates Announcements Expected From Both U.S. And Japan

During last week's trading session, the Dollar continued to strengthen, mostly due to the Greek debt crisis which weakens the Euro. This week however, Interest Rates Announcements are expected from the U.S, Japan and New Zealand. This promises a much more volatile week, with unique opportunities to see high profits. Will you take advantage?

Read the complete in depth forex analysis of today at our forex news center
 
Euro Consolidates After EU Leader Comments

Uncertainty was apparent throughout most of the trading day as market worries continue over the Greek financial position and are affecting the direction of the currencies. A lack of economic data releases may have allowed the market to consolidate prior to the news heavy trading day that awaits traders.

Read the complete in depth forex analysis of today at our forex news center
 
EUR's Gains Erode Throughout the Forex Trading Day

Markets rallied following the release of the European Financial Stabilization Plan. The Dow Jones Industrials Average closed up almost 4% for the day as risk taking was prevalent through the day. The Dollar also rallied as the EUR/USD ended the day near its Friday close, erasing the EUR's gains after the market's initial reaction to the bailout fund.

Read the complete in depth forex analysis of today at our forex news center
 
Confidence in Euro Continues to Drop

Traders seemed anxious in trading yesterday. Comments regarding the recent Greek $1 trillion aid package by a senior IMF member raised new doubts about the EUR. Traders are now concerned that the package came too late and that it might not be enough to bring Greece into the black. Consequently, during most of the trading day the EUR retreated against its major counterparts, while the price of Gold reached a record high.

Read the complete in depth forex analysis of today at our forex news center
 
Confidence in Euro Continues to Rise : LOY 12514 higher Low 12604

EURUSD in an uptrend towards higher lows
 
Gold Prices Hit Record Highs

Gold futures hit a record high yesterday as investors worry the Euro-Zone bailout will not be much of a fix and are turning to the metal as a safe heaven investment. Furthermore, Gold is again proving to be a popular hedge against inflation.

Read the complete in depth forex analysis of today at our forex news center
 
Re: Gold Prices Hit Record Highs

forexyard said:
Gold futures hit a record high yesterday as investors worry the Euro-Zone bailout will not be much of a fix and are turning to the metal as a safe heaven investment. Furthermore, Gold is again proving to be a popular hedge against inflation.

Read the complete in depth forex analysis of today at our forex news center
Click to expand...

yeah thanks for that - i just read your "in depth" report" all it says is..

"Gold futures hit a record high yesterday as investors worry the Euro-Zone bailout will not be much of a fix and are turning to the metal as a safe heaven investment. Furthermore, Gold is again proving to be a popular hedge against inflation."

nothing more.. - would be helpful if you had a view going forward rather than a report of what happened yesterday.
 
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