FOREXYARD: Forex News Blog

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Will The US Retail Sales Send the Dollar Lower? Posted: 13 Sep 2012 04:55 AM PDT At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to pay careful attention to the US Retail and Core Retail Sales reports, both set to be released tomorrow, September 14th at 12:30 GMT. As can be seen in the chart below, the US dollar took significant losses against the euro in June after a disappointing retail sales report. Don't miss out on another opportunity to capitalize on market volatility! The dollar has been stuck in a bearish trend for the last several weeks due to a series of disappointing US economic indicators. If tomorrow's reports come in above their forecasted levels, the greenback may be able to recoup some of its recent losses. 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

FOMC Statement Set to Generate Major Volatility Posted: 13 Sep 2012 04:53 AM PDT At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to pay careful attention to the FOMC Statement, set to be released today, September 13th at 16:30 GMT. As can be seen in the chart below, the Dow Jones took significant losses last month after the Fed announced an extension of their monetary stimulus program. Don't miss out on another opportunity to capitalize on market volatility! Following last week's disappointing US Non-Farm Payrolls, a number of analysts are predicting that the Fed will initiate a new round of quantitative easing todayto boost the US economic recovery. If so, the US dollar could take significant losses during the afternoon session. 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

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