Market Forecasted to See Heavy Volatility This Week

by Forexyard.com | July 2, 2012 7:01 am
The euro was able to close out last Friday’s trading session with its biggest one-day gain against the US dollar in eight-months. The EUR/USD shot up well over 200 pips after euro-zone leaders pledged to reduce Spain...

EUR/USD Forecast July 2, 2012, Technical Analysis

by FX Empire | July 2, 2012 7:01 am
The EUR/USD pair rose rapidly on Friday as the European Union meeting announced that the leaders had come up with a  “solution” to funding Spanish banks. The ECB looks likely to cut rates this coming week, and...

USD/JPY Forecast July 2, 2012, Technical Analysis

by FX Empire | July 2, 2012 7:00 am
The USD/JPY pair got a boost from the positive headlines out of Europe on Friday as traders sold the Yen in general. The USD/JPY pair is essentially a fight between the two central banks, and as the...

GBP/USD Forecast July 2, 2012, Technical Analysis

by FX Empire | July 2, 2012 6:59 am
GBP/USD rose during the session as the “risk on” trade came back into play. The trading community reached for anything risk related, and this had a lot of the higher beta pairs gaining, this one included.

AUD/USD Forecast July 2, 2012, Technical Analysis

by FX Empire | July 2, 2012 6:58 am
The AUD/USD pair absolutely exploded during the Friday session as the word got out that the European Union came up with a possible workaround for the Spanish and Italian bond markets.