Friday, July 13, 2012

FOREXYARD: Forex News Blog

FOREXYARD: Forex News Blog

Link to Forex Trading Education : Forex Trading Blog by FOREXYARD

Will Unemployment Claims Signal a Further Slowdown in the US Economic Recovery?

Posted: 12 Jul 2012 06:13 AM PDT

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At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to carefully monitor the US Unemployment Claims figure, scheduled to be released today at 12:30 GMT. As can be seen in the chart below, after the June 28th Unemployment Claims figure, the S&P 500 proceeded to turn bearish.

S&P

Don't miss out on another opportunity to capitalize on market volatility!

Investor concerns regarding the US employment sector have intensified following a worse than expected Non-Farm Payrolls figure last week. If today's Unemployment Claims figure disappoints, indices like the S&P 500 could see downward movement. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don't miss out!

Read more forex news on our forex blog

Market Review 12.7.12

Posted: 12 Jul 2012 01:25 AM PDT

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After hitting a fresh two-year low against the US dollar yesterday, the euro saw very modest gains in the overnight session. The AUD took significant losses last night after a worse than expected Employment Change figure signaled a possible economic slowdown in the Australian economy. Meanwhile, after gaining around $1.65 yesterday following the US Crude Oil Inventories report, oil gave back some of its gains during the Asian session and is currently trading around the $85.25 level.

Main News for Today

US Unemployment Claims-12:30 GMT

• Following last week's disappointing Non-Farm Payrolls figure, investors will be closely watching today's news for clues as to the current state of the US labor sector
• Should the indicator come in above the forecasted 376K, the dollar could take losses against its main currency rivals, including the EUR and JPY

Read more forex news on our forex blog

Will The Fed’s Analysis of the US Economy Lead to Market Volatility?

Posted: 11 Jul 2012 06:55 AM PDT

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At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to carefully monitor the FOMC Meeting Minutes, scheduled to be released today, at 18:00 GMT. As can be seen in the chart below, May's FOMC Meeting Minutes caused the Dow Jones Industrials to take a significant drop as investors became worried about the state of the US economic recovery.

dow jones

Don't miss out on another opportunity to capitalize on market volatility!

Following last week's disappointing US Non-Farm Payrolls figure, investors are once again growing concerned that the US economy is stagnating. Should today's FOMC Meeting Minutes reinforce those concerns, indices like the Dow Jones could see significant downward movement during the evening trading session. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don't miss out!

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