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Forexyard.com - USD Bearishness Set to Continue Today Analysts expect the Dollar to fall further against its major currency crosses today, as the U.S. it expected to release some negative economic data, such as Unemployment Claims at 13:30 GMT. In the meantime, forex traders are advised to take...

Forexyard.com Analysis - European Rate Cuts to Determine Today's Market One of the most important events for forex traders is a decision on short-term interest rates by central banks. Today, not 1, but 2 central banks are set to decrease interest rates by 50 basis points. The European Central...

Forexyard.com Analysis - European Rate Cuts in the Foreground for Forex Traders European rate cut decisions, like those expected tomorrow by the ECB and BoE, typically result in traders pricing-in the impact a day or two ahead of schedule. As such, we may be seeing the depreciation of the EUR...

Forexyard.com analysis - Additional Bailout for AIG May Prove to be USD-Positive The USD rose to its highest level in 2 years against all of its major currency counterparts on speculation that the U.S. government would pour a further $30 billion into American International Group (AIG), fuelling...

Forexyard.com Analysis - As the Global Economy Sinks the Dollar Rises to the Top The USD may continue to strengthen on global economic weakness. As equity markets maintain their bearish momentum, the Dollar has shown considerable strength. The trend of buying Dollars over other major pairs...

Forexyard.com Analysis - U.S. Budget Deficit Set to Hurt the Dollar President Barack Obama's announcement that the budget deficit is set to hit $1.75 trillion or 12% of GDP is likely to lead to a bearish Dollar in the medium-long term. Meanwhile, forex traders are advised to follow constant...

Forexyard.com Analysis - USD Safe-Haven Gains on Negative Housing Data Despite forecasts for a depreciation of the Dollar, many economists are now saying that the negative housing data released from the United States yesterday may actually bolster the USD. These contradictory claims are a...

Forexyard.com Analysis - USD Stabilizes as Obama Proclaims America Will Recover Addressing Congress yesterday, President Barack Obama made an effort to boost confidence in the economy by stating that America could recover and emerge from this crisis stronger than ever. His recent stimulus plan...

Forexyard.com analysis - Will the USD be Hurt by Falling Consumer Confidence? With stocks dropping to record lows, currencies fluctuating in irregular patterns, and the price of Crude Oil continuing its free fall, it seems unlikely that consumer confidence will begin to rise in the near future...

Forexyard.com analysis - High Price Volatile looks to Continue for the Second Week Trading this past week of the EUR/USD was characterized by larger than normal price changes with the pair falling to a key support level and then dramatically rising. Traders this week are looking to gain from...

Forexyard.com analysis - Dollar Plunges and then Reverses Full Steam The EUR/USD saw extremely high price volatility yesterday. When the pair reached its intra day high which coincided with the opening the New York trading session, it depreciated to its opening price for the day. Driving the...

Forexyard.com analysis - Dollar Rises on Fed Statement while JPY Continues its... The U.S. Dollar is increasingly being chosen over the Yen as the choice currency during times of heightened risk aversion. The contracting global economy helped to strengthen the Dollar yesterday as the Yen begins...

Forexyard.com analysis - U.S. Stimulus Bill Signed into Law; Dollar Strengthens Following the signing of President Barack Obama's economic stimulus bill yesterday, the USD made modest gains against most of its currency rivals. In expectation of today's housing data, the USD may continue to...

Forexyard.com analysis - Dollar Jumps on Future EUR Interest Rate Moves The Dollar rallied yesterday on possible Interest Rate cuts in the Euro-Zone while in Japan GDP and an intoxicated Finance Minister helped push the Yen Lower. Economic News USD - Dollar Rallies across the Board A...

Forexyard.com analysis - The U.S. Currency is bolstered by Optimism It appears that actions taken by the new administration of President Barack Obama might help to restore confidence among investors in the United Sates economy. U.S. Treasury officials said on Saturday that the U.S. dollar is...

Forexyard.com Analysis - G-7 Takes the Task of Rebuilding the World Economy The G-7's finance ministers and central bankers meet tonight and tomorrow before releasing a statement and talking to reporters at about 2:30 p.m. local time. On the agenda: How to thwart protectionism, overhaul...

Forexyard.com analysis - Falling Crude Oil Prices and Passage of Stimulus Bill May... Yesterday's drop in Crude Oil prices lent weight to the notion that traders are expecting the consolidating USD to spike in value versus its major currency pairs in the not-too-distant future. The passage of...

Forexyard analysis - Economies Writhe in Agony from Geithner Speech U.S. Treasury Secretary Timothy Geithner gave a less-than-inspiring speech yesterday regarding the U.S. bank bailout program. Many analysts criticized the speech as failing to give enough specific details regarding the plan...

Forexyard.com Analysis - EUR Tumes on Russian Banks Restructuring European Loans The The EUR fell sharply in late-day trading after it was reported that Russian banks may seek to restructure over $400 billion loans. This adds to the already fragile European banking system and highlights the...

Forexyard.com analysis - The Market Anticipates a U.S Economic Rescue Package The U.S. Senate is slated to vote early next week on an economic stimulus package totaling at least $780 billion that President Barack Obama said is needed to prevent the economy from sinking into a deeper recession...