Tag: interest rate
 |
 |
 |
|||||
After a week which was mostly characterized with the halt of the Dollar's bullish trend, a hefty news week is impending. Australia, Canada, Great Britain and the Euro-Zone will all publish their monthly Interest Rates desiccations. And on top of it all, the U.S. Non-Farm Payrolls is expected on Friday. This means that an extremely volatile week is expected that holds plenty of unique opportunities to make irregular profits. Summary USD - Dollar's Bullishness is halted EUR - Interest Rates Announcement Expected on Wednesday JPY - Yen Rises on All Fronts Oil - Crude Oil is trading above $80 a Barrel
|
|||||||
 |
 |
 |
| Comments | 1 | Hits: 107 |
|
|
|
|||||
Following signals from the U.S. Federal Reserve that American interest rates may be increased sooner then expected, the U.S. Dollar got a significant boost in trading last night and in the early morning today. Today, a full set of Dollar related news events will likely determine the direction the greenback goes for the rest of the week. U.S Unemployment Claims will Determine Today's Trend The U.S. Dollar awaits the publication of the Unemployment Claims at 13:30 GMT from U.S. The result is expected to be 451K, slightly better than the previous result of 482K. This economic news release is expected to be the key driver of forex trading, and trading of the USD's main crosses as the U.S market opens. So far today, the EUR/USD cross is virtually unchanged at the 1.4005 level. The greenback is actually trading about 100 pips lower against the GBP, following a bearish movement for the GBP/USD in last week trading. Against the Japanese currency, the USD/JPY is currently trading at 90.20. The other release today that is set to determine the levels for the USD and its most traded pairs are the Core Durable Goods Order at 13:30 and Treasury Sec Geithner Speech at 14:45 GMT. These are the main events for today, and are set to determine the strength of the main crosses. Therefore, it is advised that you open positions in the major pairs now. Summary USD - Interest Rate Rumors Boost Dollar EUR - Euro Hits near Record Lows against Dollar JPY - USD/JPY Rises Following FED Meeting Crude Oil - Oil Increases Following American Inventories Report
|
|||||||
|
|
|
| Comments | 0 | Hits: 162 |
|
|
|
|||||
The Dollar experienced mix trading yesterday, climbing against the Yen but falling against the EUR with traders anticipating both Japanese and U.S. interest rate decisions and a bloc of economic data. The economic releases to come may be a positive for the USD. Summary USD - Existing Home Sales Fall Sharply EUR - Risk Aversion is back JPY - Market Anticipates Japanese Interest Rate Decision Crude Oil - Spot Crude Oil Prices Rise with U.S. Stocks
|
|||||||
|
|
|
| Comments | 0 | Hits: 135 |
|
|
|
|||
The Federal Reserve is expected to keep its benchmark Interest Rate unchanged near zero today, as traders get ready for a busy news cycle. Investors will focus on the interest rate outlook, but many analysts say the Fed is unlikely to change the wording of its pledge to keep rates low for an extended period. This may have the result of stabilizing USD trading, or potentially driving the world's primary currency to new extremes. Will the USD experience a reversal from yesterday's bullishness? Summary USD - Dollar Advances vs. EUR ahead of Fed Statement EUR - Sterling Falls Sharply on UK Banking Sector Concerns JPY - Yen Hits Session Low vs. USD Crude Oil - Crude Oil rises 2% Ahead of U.S. Factory Data
|
|||||
|
|
|
| Comments | 1 | Hits: 128 |
|
|
|
|||
Today's U.S. Non-Farm Employment Change data release is set to dominate the trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as European Central Bank Chairman Jean-Claude Trichet's speech at 7:50 GMT, and the U.S. Unemployment Rate publication at 12.30 GMT. The results of today's data are likely to determine the USD's bullishness going into next week's trading. Summary USD - USD Awaits Today's Non Farm Employment and Unemployment Figures EUR - EUR recovers on Trichet's speech JPY - JPY Plummets as Safe-Haven Status Comes Under Threat
|
|||||
|
|
|
| Comments | 0 | Hits: 122 |
|
|
|
|||
The Dollar gained considerably ground in yesterday's trading, whilst the price of Crude Oil plummeted. The question today is can this pattern be extended into end-of-week trading? The answer to this question will be determined by a number of factors, such as the U.S. Unemployment Claims release at 13:30 GMT, U.S. Federal Reserve Chairman Ben Bernanke's speech at 12:45 GMT, and investors weighing in on the possible results of the U.S. Non-Farm Payrolls data release tomorrow. Summary USD - Fed Chairman Bernanke's Speech to Drive Dollar Volatility Today EUR - ECB Interest Rate Decision in the Spotlight JPY - Yen Hits 7 Month Low vs. EUR
|
|||||
|
|
|
| Comments | 0 | Hits: 127 |
TOP BROKER
TOP BONUSES
LiteForex broker offers non-deposit bonus.
100% Match Bonus!!!
Double your deposit with this great offer. Open Account with eToro and get welcome bonus.
TRADERS SURVEY
How many trades do you make per day?
