Forexyard.com analysis - USD Weakens and World Economies Strengthen?

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Forexyard.com Analysis - Europe Takes the Wheel of the Forex Market this Week

Last week, traders saw a flurry of economic news affecting the American economy and practically zero news emanating from Europe. This week appears to be the exact opposite. A blizzard of economic events is expected from the Euro-Zone and very little is scheduled to be released from the United States. Forex traders should definitely pay closer attention to the EUR and GBP markets this week as they will be in the driver's seat of the market for the days ahead.

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Forexyard.com Analysis - Recession Fears Reignite Safe Haven Buying

Drops in U.S. equity markets rattled investors as both the Dollar and the Yen benefited from traders unwilling to take on further risks. The price of Crude Oil also plunged due to further signs the U.S. economy has yet to turn the corner.

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Forexyard.com Analysis - Dollar and Yen Continue to Rise on High Risk Aversion

Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and the JPY have been the primary beneficiaries of this trading strategy. Comments by Treasury Secretary Geithner also have been swaying the Dollar. Further testimony by Geithner today could push the Dollar higher once again.

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Forexyard.com analysis - Traders Anticipate Heavy News Day in Forex

With an abnormal number of news events coming from Britain, the Euro-Zone and the United States today, forex traders have been in a frenzy to place their bets before the trading day gets underway. Trading during these news events, which typically carry a lot of market volatility, is a fast way to double your forex trading balance; the wise trader knows this. Special attention should be paid to the slew of manufacturing data coming from France and Germany between 7:00 and 9:00 GMT, as well as the U.S. Unemployment Claims report at 14:00 GMT. Will you take advantage of the impending volatility, or sit on the sidelines and miss out?

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Forexyard.com analysis - Greenback is Knocked Down by the Swine Flu in Mexico

The U.S. dollar fell on Monday to its lowest in a month against the Yen as worries about the spread of the swine flu from Mexico prompted investors into perceived safe-haven currencies such as the Yen and the CHF. Crude oil was also pushed down toward $50 a barrel on fears that the global flu pandemic that could give the world economy another knock.

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Forexyard.com analysis - Swine Flu Prompts a Return to Safe Haven Buying

Traders continue to be influenced by the pandemic of Swine Flu in Mexico. Fears of reduced short term economic activity have traders moving out of riskier, higher yielding currencies into the safe haven Dollar and Yen. Crude Oil prices also fell yesterday as investors fear a weakening demand for international travel.

Read the complete in depth forex analysis of today at our forex news center

 

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Forexyard.com analysis - Dollar Tumbles as Investors Turn to Riskier Assets

Rising equity markets continue to push investors towards riskier assets and away from safe haven currencies such as the USD and JPY. Traders today will be following the Unemployment Claims release for further signs the U.S economic recession is easing.

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Forexyard.com analysis - U.S Manufacturing PMI Figure will Determine Today's Trend

The Dollar is likely to go volatile during and following the ISM Manufacturing PMI release today at 14:00 GMT. Meanwhile, forex traders are advised to take positions on trades, as a string of data releases coming out of Japan and Britain are likely to affect the greenback's main currency crosses.

Read the complete in depth forex analysis of today at our forex news center

 

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Forexyard.com analysis - The Greenback is Trending Lower on Global Recovery

The U.S. dollar approached a 3 week low against the EUR as better economic data worldwide saw investors grow increasingly confident that the worst in the global economy may be past, boosting risk appetite. The Dollar recent losses however, may be tempered before the Federal Reserve and U.S. banking regulators reveal the results from stress tests on the nation's 19 biggest banks this week. The results of the U.S. banks' stress tests may pose downside risks for the markets, and as such, the dollar may garner support as a safe- haven currency.

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Forexyard.com Analysis - Increased Optimism sets the Tone for Trading

For the year thus far, the S&P 500 index is in positive territory. With this news the price of Crude Oil has also risen to its yearly high. However, the added buoyancy is hurting the Dollar as traders are taking on greater risk with higher yielding currencies and swapping out their safe-haven investments.

Read the complete in depth forex analysis of today at our forex news center