The Dollar appreciated against the most of its major counterparts on Tuesday, as a drop in U.S. consumer sentiment to a five-month low cut risk appetite. Yesterday, the CB Consumer Confidence index for July fell to 50.4, below its expected reading of 51.3, as Americans become increasingly concerned over the stability of their jobs and their wages.  Meanwhile, a separate report showed that home prices rose more than predicted in May as a government tax credit underpinned sales.

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After a long time waiting, the Euro-Zone's famous Bank Stress Tests results were finally published on Friday evening. The results failed to reassure investors regarding the stability of the European banking system as analysts claimed that the test weren't strict enough. As this week begins, the reliability of the tests will remain the main topic. Will it eventually boost the Euro?

Summary

USD - The Dollar Ends A Volatile Trading Week Following Mixed Data from the U.S.

EUR - Stress Tests Fail to Ease Investors' Concerns from a Possible Debt Crisis

JPY - Yen Weakens Against the Majors

OIL - Crude Oil Prices Consolidates Around $79 a Barrel

market | trend | fundamental | technical | analysis | currency | bank | stress | test | euro | reliability | stability | results

Due to renewed concerns regarding the Euro-Zone's debt crisis and due to the beginning of earning season in the U.S, the Dollar slightly strengthened against the Euro yesterday. However, what will determine the direction of the Dollar today is likely to be the economic data which is expected from the U.S. and the Euro-Zone, especially the U.S. Trade Balance report. Will the Dollar see another day of rising trend?

Summary

USD - Dollar Strengthens As Second-Quarter Earnings Season Begins

EUR - Euro Tumbles on Concerns Stress Tests Won't Ease Investors

JPY - Yen Rises as Risk Aversion Increases

OIL - Crude Oil Drops To $75.50 a Barrel

season | earnings | economic data | debt | crisis | euro | dollar | support | report | balance | trade | us | currency | analysis | technical | fundamental | trend | market

After several weeks in which the Dollar appreciated repeatedly against the Euro, the Euro is showing its first signs of recovery. The rising risk appetite in the market is the main reason for the strengthening Euro, but will it continue?

Summary

USD - Dollar Weakens As Risk Appetite Soars

EUR - Euro Rallies as Stocks Continue To Rise

JPY - Yen Drops against the Majors; BOJ Leaves Rates At 0.10%

OIL - Crude Oil Rises Above $77 a Barrel

Forex | daily market trend | analysis | news | fundamental | technical | euro | dollar | risk appetite | signs of recovery | market | boj | rates | crude oil

The EUR pairs rose from Friday's lows, particularly against the US Dollar and Japanese Yen, despite the continued slide in global equities. The EUR/USD finished the day higher despite a trading day that was influenced by reduced risk taking. Global equities were lower across the board with the DAX down 0.57% and the S&P 500 lower by 1.35%. Most of the gains in the EUR/USD, however, can be contributed to profit taking from Friday's trading session.

Summary

USD - Dollar Pares Losses on Slide in US Equities

EUR - EUR Comes Off Low vs. USD

JPY - Yen Rises in Late Trading

Crude Oil - Slow Growth and European Fiscal Concerns Weigh on Oil

Forex | daily market trend | analysis | news | fundamental | technical | euro | us dollar | yen | risk taking | global equities | DAX | S&P | fiscal concerns

Renewed debt concerns among the Euro-zone countries sent the single currency spiraling down yet again in overnight trading. EUR/USD dropped well below the 1.2200 level, approaching a 4-year low. Today, traders can expect a number of U.S. economic indicators to create volatility in the marketplace. Whether or these indicators this will help the Euro is still unknown.

Summary

USD - Dollar Receives a Boost Following Durable Goods Report

EUR - China Debt Reassessment Sends Euro Lower

JPY - Yen Retains Safe-Haven Status and Continues to Make Gains

Crude Oil - Crude Receives a Boost Following Inventories Report

Forex | daily market trend | analysis | news | fundamental | technical | euro | debit concerns | euro zone | overnight trading | USD | drop | level | economic indicators | volatility | goods report

The Euro fell broadly throughout the night following news that the Spanish government is planning to takeover a smaller savings bank due to a failed merger attempt. The EUR/USD, currently trading below the 1.2300 level, has fallen more than 100 pips since yesterday evening as one of the results.

Summary

USD - Dollar Receives Boost Following Existing Home Sales Report

EUR - EUR/USD Dives Due to Renewed Deficit Worries

JPY - Risk Aversion Leads to Gains for the Yen

Crude Oil - Euro-Zone News Drops Crude below $70 a Barrel

Forex | daily market trend | analysis | news | fundamental | technical | Spanish | bank | takeover | euro | fell | savings bank | merger attempt

An extremely volatile trading day ended yesterday with the U.S. Dollar gaining against most major currencies. The EUR/USD pair hit a one-year low not seen since April 2009, trading below 1.3200. Volatility is expected to continue today, while European Union (EU) representatives would probably try to reassure investors regarding the stability of the EUR and aid to support Greece. This should support the EUR, which was already trading higher at Wednesday's trade opening.

Summary

USD - U.S. Consumer Confidence Comes High, Markets End Low

EUR - Greece & Portugal Downgrade Sent EUR to Yearly Low

JPY - Yen Rises as Investors Divert from Risk

OIL - Crude Oil Prices Rise as Recovery Concerns Take Over

Forex | daily market trend | analysis | news | fundamental | technical | volatile | trading | volatility | eu | Greece | USD | euro

After two weeks in which the Euro saw a bullish correction against the Dollar, the EUR/USD pair seems on its way downwards. The pair is currently trading around the 1.3515 level, and a drop of 100 pips will mark a year low. Will it take place later on in the week?

Summary

USD - Recovery Indications from the U.S. Economy Strengthen the Dollar

EUR - Euro Continues To Tumble Vs. The Majors

JPY - Yen Corrects Losses against the Major Currencies

OIL - Harsh Volatility Drives Crude Oil towards $80 a Barrel

Forex | daily market trend | analysis | news | fundamental | technical | eur | USD | low | downwards | recovery | indication | us | economy | euro | yen | volatility | oil

The USD fell Tuesday versus the EUR on comments from Greek officials regarding the government's commitment to make major budget cuts necessary to reduce the deficit. Pressuring the Dollar further were hawkish statements regarding interest rate hikes from the Canadian and Australian central banks.

Summary

USD - USD Declines on Interest Rate Hike Outlook

EUR - EUR Rises on Expected Greek Budget Cuts

JPY - JPY at 11-Week High versus USD

Crude Oil - Crude Oil Struggles to Stay above $80 a Barrel

Forex | daily market trend | analysis | news | fundamental | technical | euro | recovery | Greece | budget | Canadian | Australian | central | banks

Last week's trading was mostly characterized by the sharp change of trends in the market. The most notable trend reversal was of the Euro, which dropped during the beginning of the week, just to bounce back later on, due to speculations of a Greek rescue plan. The main question for this week's trading is whether the Euro will continue to recover, or will the EUR/USD pair will reach a new low.

Summary

USD - Dollar Advances on Positive U.S. Economic Data

EUR - Speculations of Rescue Plan for Greece Boosts the Euro

JPY - Yen Slides against the Majors

OIL - Oil is traded for over $80 a Barrel

Forex | daily market trend | analysis | news | fundamental | technical | euro | recover | greek | rescue | plan | eur | USD

With a slow news day forecasted for today, the Euro continues to be weighed down by Greece's deficit worries. Further impacting the hard hit currency is the lack of a concrete plan from the European Central Bank to come to Greece's aid. This does not bode well for the Euro in trading today.

Forex Highlights

USD - Investors Continue to Flock to Safe Haven USD

EUR - Lack of ECB Plan to Combat Deficits Hurts Euro

JPY - Yen Hurt by Fresh Chinese Regulations

Crude Oil - Crude Drops As a Result of Strong Dollar, Chinese Policy

Forex | daily market trend | analysis | news | fundamental | technical | Greece | deficit | worry | European | central | bank | Greece aid | euro | ECB plan | Chinese regulations

The dollar climbed to an eight month high versus the EUR on Friday after the release of the U.S. jobs report. Credit concerns in Europe are weighing on the market as traders have moved out of riskier currencies and into the safety of the dollar and yen.

Summary

USD - Unemployment Rate Improves

 EUR - Sovereign Debt Fears Sinks the EUR

JPY - Sovereign Debt Fears Boost the Yen

Oil - Spot Crude Oil Prices Plummet

Forex | daily market trend | analysis | news | fundamental | technical | dollar | non farm report | Europe | us job report | credit concerns | yen | euro

With the recent volatility in the forex market, one currency pair seems to stand out: the EUR/USD. This pair has been range-trading for the previous week as the two currencies struggle for dominance of the currency market. With this weekend's G8 summit on the global financial system, traders will no doubt anticipate a higher level of volatility among this primary currency pair after the world's economic leaders meet.

Summary

USD - USD Advances after Treasury Auction

EUR - EUR Trims Losses against USD

JPY - JPY Trading Down against Currency Rivals

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The Dollar continued its freefall against all the major currencies despite positive housing data figures from yesterday. Today, at 12:15 GMT, Forex traders will have the ability to enjoy hefty volatility in the market as the ADP Non-Farm Employment Change will be released.

It is advisoble for traders to follow the Crude Oil Inventories report, which is scheduled at 14:30 GMT. The rising prices of Crude Oil have become a top issue in financial sectors as of late, and the U.S inventories report should have a large effect on its pricing.

Summary

USD - ADP Non Farm Employment Report on Tap - Will USD Weakness Continue?

EUR - Will the EUR Hold its Recent Gains?

JPY - Yen Experiences Mixed Results against Major Currencies

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