Daily Forex Analysis - ForexYard

Positive Chinese and German economic indicators led to some bullish movement for the euro during mid-day trading yesterday. That being said, the gains were for the most part short-lived, as the common currency once again began moving downward by the evening session. Today, traders will want to pay attention to a batch of British and US indicators that are likely to generate market volatility.

Summary

USD - USD Moves Downward Following Increase in Risk Taking

EUR - German Data Gives EUR a Boost

CAD - BOC Leaves Interest Rates Unchanged; CAD Takes Slight Losses

Crude Oil - Positive Global Data Sends Crude Upward

Read more: Daily Forex Market Analysis |18 January 2012

Daily Forex Analysis - ForexYard

Despite the small gains made by the euro in trading yesterday, analysts are quick to warn that the common currency still has room to fall if negative news continues to be released from the euro-zone. While there is a light news day today, traders will still want to watch out for any developments from the meetings between France and Germany which could affect euro pairs.

Summary

USD - USD Takes Slight Losses but Remains Bullish Overall

EUR - European Debt Keeps EUR Bearish

AUD - Aussie Sees Slight Gains despite Risk Aversion

Crude Oil - Oil Steadily Declines Following Last Week's Highs

Read more: Daily Forex Market Analysis |10 January 2012

Daily Forex Analysis - ForexYard

As we approach New Years we'll attempt to address the major issues for 2012.

Summary

CAD - Loose BoC Monetary Policy to Weigh on CAD

GBP - AAA Rating Won't Save Sterling

AUD - Interest Rate Differentials to Drive AUD

Gold - Gold is Not a Safe Haven Asset

Read more: Daily Forex Market Analysis | 02 January 2012

Daily Forex Analysis - ForexYard

There has been a noticeable trend of stronger US economic data over Q4. Today's last batch of US numbers for this year may show the US economy go into 2012 on a high note.

Summary

USD - US Data to Close out the Year on a High Note

EUR - EUR/USD Yawns after Successful Italian Debt Auction

JPY - Deflationary Pressures Continue to Plague Japan

Crude Oil - Iranian Threats Fuel Crude Oil Price Increases

Read more: Daily Forex Market Analysis | 29 December 2011

Daily Forex Analysis - ForexYard

Comments by Lorenzo Bini Smaghi is the first sign of the ECB's willingness to consider quantitative easing (QE) should the need arise.

Summary

EUR - ECB Sounds More Open to the Idea of QE

GBP - New Record Low for 10-year Gilt Yield

JPY - Government Lowers GDP Forecasts

Gold - Key Gold Support and Resistance Levels

Read more: Daily Forex Market Analysis | 26 December 2011