Market Analysis

The Euro is on the decline and the USD, if its economists are not careful, will be approaching bullish territory. This means that Forex traders need to look elsewhere for safer trades and bigger returns. All indications point to gold as a commodity vis a vis the Asian market. More specifically to the Japanese Yen.

Oil as a forex commodity is said to be beyond the problems of the major currencies in themselves and as a pair. However this does not seem to be the case for the first few days of August 2012 as indicated by forex news. Of course this can be said to just about any other

Bad forex news emerging from Spain caused currency traders to shift from the euro to relatively safer options such as the US dollar and the Japanese yen. Two of the country’s semi-autonomous regions formally requested a bailout from the national government under an €18 billion government liquidity fund which was established on July 19 specifically

  Positive Asian forex news on China’s economy helped lift Asian currencies, with the Singapore dollar reaching a 12-year high against the euro and a 14-year high vs. the Malaysian ringgit. The Singapore dollar hit $1.5248 against the euro on Monday’s trading and $2.5222 against the ringgit. Singapore remains the sole emerging Asian country that

Negative forex news continued to impact on the euro, causing it to weaken against the dollar during Tuesday’s trading session. The latest bit of bad news for the euro zone was the announcement that Germany’s Market PMI (purchasing managers’ index) fell to 47.3 in July from 48.1 the previous month. The PMI is a measure

Yesterday, the EUR/GBP rebound ran into resistance quite soon. The pair hovered in a tight range roughly between 0.7805 and 0.7820 in Asian and early European trading. There were again very few eco data in the UK and EMU PMI data had also no noticeable impact on EUR/GBP trading. Very poor UK lending for homes

If the July Forex trend is of any indication, then the US dollar is an uphill and downhill ride. This is because while, the US dollar has kept its value amidst the turmoil engulfing the Euro and other currencies, the former still remains in bearish territory. This article will discuss US Forex reports for the

The Euro is in trouble and that is a fact. This article will not dwell on the obvious, rather this article will discuss problem areas specific to the current news of the day while at the same time provide indicators of positive movement. This article does not propose to discuss to the reader the what,

Simply put, the prices of commodities affect foreign exchange rates (some more than others). In addition, the more important a specific commodity is to a nation’s economy or the global economy, the more indicative that commodity is to Forex. For example, the price of crude oil, gold and silver are key commodities not only for

As the Eurozone seemed to fall apart at the seams this weekend with everything unraveling let’s take a look at what Eco data is coming at us this week in the EMU. The week starts with the confidence indicators in the focus (PMI’s and German IFO), while also the M3 data will be worth watching.