FOREXYARD: Forex News Blog | |
- Market Review 20.7.12
- Will the US Unemployment Claims Lead to Losses for Crude Oil?
- Can the US Building Permits Give a Boost to the S&P 500?
- Market Review 18.7.12
- Market Review 17.7.12
- Is the Euro-Zone Crisis Spreading to Germany?
- Will US Retail Sales Fall for a Third Straight Month?
- Market Review 16.7.12
- Market Review 13.7.12
- Will Unemployment Claims Signal a Further Slowdown in the US Economic Recovery?
- Market Review 12.7.12
| Posted: 20 Jul 2012 01:20 AM PDT
The euro took losses against most of its main currency rivals in overnight trading, as poor demand at a Spanish bond auction yesterday led to risk aversion in the marketplace. The EUR/USD fell close to 30 pips and is currently trading at 1.2255, while the EUR/AUD is currently trading just above a record low at 1.1775. Crude oil maintained its recent gains, as supply side fears due to the ongoing conflict with Iran boosted the commodity. Crude is currently trading at $92.45 a barrel. Main News for Today Eurogroup Meetings- All Day Read more forex news on our forex blog |
| Will the US Unemployment Claims Lead to Losses for Crude Oil? Posted: 19 Jul 2012 05:58 AM PDT
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. The unemployment indicator tends to have a broad impact throughout the marketplace. As can be seen in the chart below, the price of crude oil tumbled following the release of the June 21st figure. Don't miss out on another opportunity to capitalize on market volatility! Today's figure is forecasted to come in at 370K, which if true, would represent an increase in US unemployment from last week. Should the indicator come in as forecasted, investors may take the news as a sign that the US economy is weakening, which could result in the price of oil falling during the afternoon session. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don't miss out! |
| Can the US Building Permits Give a Boost to the S&P 500? Posted: 18 Jul 2012 04:10 AM PDT
At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to carefully monitor the US Building Permits, scheduled to be released today at 12:30 GMT. As can be seen in the chart below, following the release of a higher than forecasted Building Permits figure in April, the S&P 500 saw significant gains.
Don't miss out on another opportunity to capitalize on market volatility! Today's news is forecasted to come in at 0.76M. Should the end result exceed the forecasted level, investor confidence in the US economic recovery could receive a boost, which may result in additional gains for indices like the S&P 500. 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 |
| Posted: 18 Jul 2012 01:46 AM PDT
The euro saw moderate losses against the US dollar in overnight trading. The EUR/USD fell close to 40 pips, reaching as low as 1.2266 before bouncing back to its current level of 1.2282. Crude oil maintained its recent upward trend last night, as tensions with Iran continued to generate supply side fears among investors. The commodity is currently trading at $89.24 a barrel. Main News for Today Part Two of US Fed Chairman Bernanke's Testimony- 14:00 GMT • The markets saw significant volatility yesterday after the first part of the Fed Chairman's testimony US Crude Oil Inventories- 14:30 GMT • Crude oil saw gains last week after the US inventories figure came in well below the forecasted level Read more forex news on our forex blog |
| Posted: 17 Jul 2012 01:57 AM PDT
The euro was able to extend its recent gains against the US dollar in overnight trading. The EUR/USD gained close to 50 pips and is currently trading just below the 1.2300 level. Crude oil also saw moderate gains last night. The commodity reached as high as $89.08 a barrel level before correcting itself and dropping to its current level of $88.75. Main News for Today Read more forex news on our forex blog |
| Is the Euro-Zone Crisis Spreading to Germany? Posted: 17 Jul 2012 12:23 AM PDT
At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to carefully monitor the German ZEW Economic Sentiment, scheduled to be released today, at 9:00 GMT. Last month, the German indicator came in well below expectations and caused the Dax 30 to drop suddenly, as can be seen in the chart below. Don't miss out on another opportunity to capitalize on market volatility! If today's news once again comes in below the forecasted level, fears that the euro-zone debt crisis is spreading to Germany may increase. As a result, riskier currencies and indices, like the EUR, AUD and Dax 30, could see significant losses during mid-day trading. 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 |
| Will US Retail Sales Fall for a Third Straight Month? Posted: 16 Jul 2012 02:24 AM PDT
At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to carefully monitor the US Retail and Core Retail Sales figures, scheduled to be released today at 12:30 GMT. As can be seen in the chart below, the Dow Jones took significant losses after last month's indicators came in below their forecasted levels.
Don't miss out on another opportunity to capitalize on market volatility! Both the Retail Sales and Core Retail Sales have fallen for the last two months straight. As a result, confidence in the US economic recovery has eroded which has caused indices like the Dow Jones to turn bearish. If today's indicators show that the US retail sector has gotten even worse over the last month, further bearish movement may occur. 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 |
| Posted: 16 Jul 2012 02:14 AM PDT
Trading was relatively quiet during the overnight session, as Japanese markets are closed for a bank holiday. That being said, the EUR did give up some of last Friday's gains against the USD, but still managed to stay above the 1.2200 level. The EUR/USD is currently trading at 1.2227. Gold and crude oil also saw moderate losses during the overnight session, and are currently trading at $1586 and $87, respectively. Main News for Today US Retail Sales and Core Retail Sales- 12:30 GMT Read more forex news on our forex blog |
| Posted: 13 Jul 2012 02:00 AM PDT
The euro remained near a two-year low against the USD in overnight trading, following a downgrade of Italy's credit rating. The EUR/USD is currently trading at 1.2185. The Australian dollar saw upward movement last night after the Chinese GDP figure came in at its expected level of 7.6%. China is Australia's biggest trading partner and the aussie typically benefits from positive Chinese news. Main News for Today Italian 10-Year Bond Auction US PPI- 12:30 GMT Read more forex news on our forex blog |
| Will Unemployment Claims Signal a Further Slowdown in the US Economic Recovery? Posted: 12 Jul 2012 06:13 AM PDT
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.
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 |
| Posted: 12 Jul 2012 01:25 AM PDT
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 Read more forex news on our forex blog |
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