Author: Forexyard.com

Despite low liquidity in the marketplace due to the Christmas holiday and a lack of economic indicators, the US dollar started off the week on a bullish note.

Risk taking in the marketplace, largely due to hopes that US budget negotiations would soon be resolved and the “fiscal cliff” of tax increases and spending cuts would be avoided, helped higher yielding assets, including the euro,...

A better than expected German Ifo Business Climate figure yesterday, helped the euro extend its recent bullish trend during the European session. Higher-yielding commodities, including crude oil, were also able to benefit from risk taking after the...

Signs of progress in budget negotiations between US Congressional leaders and President Obama led to moderate risk taking yesterday, which gave a boost to the euro. That being said, a lack of significant international news resulted in...

Following Japanese elections over the weekend, in which the party favoring additional monetary easing won a landslide victory, the JPY proceeded to tumble throughout the day yesterday.

After taking moderate losses during overnight and early morning trading yesterday, the euro was able to resume its upward trend later in the day. The common-currency’s bullish movement came largely as a result of risk taking due...

The US dollar took losses against most of its main currency rivals throughout European trading yesterday, amid speculations that the Fed would announce an expansion of its bond buying program to boost the US economic recovery.

The euro saw gains against virtually all of its main currency rivals yesterday, following the release of a significantly better than expected German ZEW Economic Sentiment figure. Additionally, a positive Spanish bond auction led to an increase...

The euro came within reach of a two-week low vs. the US dollar yesterday, amid news that the Italian Prime Minister plans on resigning. Investors, unsure of how the news would affect the euro-zone economic recovery, shifted...

The US dollar saw gains against several of its main currency rivals on Friday, following a better than expected US Non-Farm Payrolls (NFP) report which signaled growth in the US labor sector.