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Daily Trading Alerts for Forex Traders with additional intra-day alerts whenever the situation requires it. The service covers the following currency pairs: EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF, and USD/AUD. As Forex Trading Alerts subscriber you will remain up-to-date at all times - you will receive daily e-mail messages from Nadia Simmons with the most important trading details: latest price changes, support & resistance levels, buy & sell signals and early heads-up about the potential trading opportunities. If you're trading currencies or would like to optimize your cash holdings (when holding cash, own the right form of cash), Forex Trading Alerts are perfect for you. 1-2 alerts per week are posted also in our Articles section, so you can review these real-time samples before you subscribe.

  • Forex Trading Alert: Weak U.S. Housing Data Supports Euro

    April 23, 2014, 3:14 PM

    Earlier today, the common currency moved higher against the U.S. dollar after data showed that the euro zone manufacturing PMI rose to 53.3 in April from 53.0 in the previous month (while analysts had expected an unchanged reading). Later in the day, the Commerce Department showed that sales on new homes dropped 14.5%, which supported the euro as well. Whether these positive numbers are in line with the technical picture of EUR/USD?

  • Forex Trading Alert: Is Consolidation in EUR/USD a Sign of Strength?

    April 22, 2014, 3:13 PM

    Earlier today, the euro moved lower against the U.S. dollar after data showed that existing home sales fell by 0.2% in the previous month to 4.59 million units, beating expectations for 4.55 million units. In reaction to this, the common currency approached an important support line once again. What impact could it have on future price moves?

  • Forex Trading Alert: GBP/USD – Trend Reversal or Just a Pullback?

    April 18, 2014, 12:22 PM

    Yesterday, the British pound declined against the U.S. dollar and invalidated the breakout above the previous 2014 high. This was a bearish signal and we have seen its effects earlier today as GBP/USD extended losses. Does this mean that investor sentiment waned? Could we see a sizable downswing in the near future?

  • Forex Trading Alert: GBP/USD – Breakout or Fakeout?

    April 17, 2014, 4:00 PM

    Earlier today, the British pound extended gains and hit a 4-1/2 year high against the greenback as upbeat U.K. employment data released on Wednesday still weighted on the pair. Thanks to these circumstances, GBP/USD broke above the important resistance zone. Despite this bullish sign, the exchange rate reversed. Will the buyers manage to close the day above the previous 2014 high?

  • Forex Trading Alert: Will GBP/USD Climb Any Further?

    April 16, 2014, 2:04 PM

    Earlier today, the British pound rebounded sharply after data showed that the U.K. unemployment rate drop to a five year low of 6.9% in the three months to February. In reaction to this, GBP/USD almost touched a 4-year high. Will we see further rally or rather a triple top?

  • Forex Trading Alert: EUR/USD – Battle of the Support Line. Who Will Win?

    April 15, 2014, 4:02 PM

    The common currency declined against the U.S. dollar after stronger-than-expected U.S. economic data. Earlier today, the Labor Department showed that the CPI rose 0.2% in March (above expectations for a 0.1% increase), while the core consumer price index (without volatile food and energy items) rose 0.2% last month (also above forecast of a 0.1% gain). Thanks to these better-than-expected numbers, the exchange rate tested the strength of the major support line. Will it stop sellers?

  • Forex Trading Alert: GBP/USD – The First Downside Target Reached. What’s next?

    April 14, 2014, 3:48 PM

    Earlier today, the British pound moved lower against the U.S. dollar after data showed that retail sales rose 1.1% in March (above expectations for a 0.8% rise) and core retail sales (without automobiles) rose 0.7% last month (analysts had expected 0.5% increase). Thanks to these better-than-expected numbers, cable declined to its initial downside target. What’s next? Will it drop any further?

  • Forex Trading Alert: Is EUR/USD Ready for Further Growth?

    April 11, 2014, 3:19 PM

    Earlier today, the common currency moved higher against the U.S. dollar boosted by Greece's successful return to the financial markets. Despite this positive fundamental factor, the EUR/USD pair remains below the resistance zone. What’s next?

  • Forex Trading Alert: GBP/USD - Double Top or Further Rally?

    April 10, 2014, 2:32 PM

    Earlier today, the greenback moved higher against the British pound after better-than-expected jobless claims data, which showed that the number of people filing for initial jobless benefits in the week ending April 4 declined to an almost seven year low. Will this drop in British currency trigger a bigger correction? What is the technical picture of cable? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: AUD/USD Breaks Above Resistance – Will Other Pairs Follow?

    April 8, 2014, 4:04 PM

    Similarly to what we saw yesterday, the greenback declined against major currencies as it remained under pressure ahead of tomorrow Federal Reserve minutes. Thanks to this drop, the Australian dollar broke above the previous 2014 high. Will this breakout be confirmed? Will AUD/USD rally much further? If you want to know our take on these questions, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Moves Lower

    April 7, 2014, 3:57 PM

    Earlier today, the U.S. currency extended declines against the Swiss franc and invalidated Friday’s breakout. Is it as bearish as it seems at first glance? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Mixed

    April 4, 2014, 12:22 PM

    The U.S. currency moved higher and then reversed sharply after the Labor Department showed that the U.S. economy added 192,000 jobs in March, missing expectations for a 200,000 increase. The report also showed that the unemployment rate remained unchanged at 6.7% in the previous month (also below expectations for a drop to 6.6%). What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Extends Gains

    April 3, 2014, 3:10 PM

    Earlier today, the U.S. currency moved higher against the euro as the European Central Bank left its benchmark interest rate unchanged (at a record-low 0.25%) and later ECB President Mario Draghi comments weighted on the common currency. What happened with other currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Rebounds

    April 2, 2014, 2:37 PM

    Earlier today, the U.S. currency moved higher against major currencies after the ADP report showed that the U.S. private sector added 191,000 jobs in March (slightly below expectations for an increase of 195,000). In the following hours, the greenback extended gains after the Commerce Department showed that U.S. factory orders increased 1.6% in February (above forecasts for a 1.2% rise). What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Mixed

    April 1, 2014, 7:55 AM

    Earlier today, the U.S. currency moved higher against the British pound after data showed that U.K. manufacturing PMI fell to an eight-month low of 55.3 in March (from 56.2 in February), while analysts had expected an increase to 56.7. Meanwhile, the U.S. dollar declined against its Australian counterpart after the Reserve Bank of Australia left interest rates unchanged. Will today’s U.S. economic reports support the greenback later in the trading day? Before we know the answer to this question, let’s take a look at the current situation in major currency pairs. We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Gives Up Earlier Gains

    March 31, 2014, 3:10 PM

    The U.S. currency moved lower after data showed that the Chicago PMI fell to 55.9 in March (from 59.8 in February), while analysts had expected a drop to 59.0 this month. Additionally, the greenback extended losses after Federal Reserve Chair Janet Yellen commentary. Ms. Yellen said that the Fed’s commitment to economic stimulus will still be needed for some time as “considerable slack” still remained in the labor market. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed After Economic Data

    March 28, 2014, 12:23 PM

    The U.S. currency moved higher after data showed that U.S. personal spending rose 0.3% in February (in line with expectations), while the core PCE price index remained unchanged at 0.1% last month (also in line with expectations). Despite these positive numbers, the greenback gave up some gains after the University of Michigan reported that its consumer sentiment index moved to 80.0 in March, while analysts had expected an increase to 80.5 this month. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Moves Higher After Solid Economic Data

    March 27, 2014, 1:22 PM

    The U.S. currency moved higher after data showed that U.S. jobless claims declined by 10,000 (while analysts had expected an increase of 4,000) and fell to the lowest level since late November last week. Additionally, official data showed that U.S. economic fourth quarter growth was revised up to 2.6% from a preliminary estimate of 2.4%. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Steady

    March 26, 2014, 4:05 PM

    Earlier today, the U.S. currency moved higher after the Commerce Department showed stronger-than-expected data on U.S. durable goods orders, which rose 2.2% last month (above expectations for a 1% increase). Meanwhile, core durable goods orders (without transportation items) moved up 0.2%, slightly below forecasts for a 0.3% gain. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Steady

    March 25, 2014, 12:14 PM

    Earlier today, the U.S. currency moved higher after the Conference Board showed that its index of consumer confidence climbed to 82.3 in March (the highest level since January 2008). Despite this positive data, the greenback reversed after the Commerce Department reported that new home sales fell by 3.3% in February to the weakest level since last September, suggesting continued weakness in the housing sector. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Moves Higher

    March 24, 2014, 2:51 PM

    Earlier today, the greenback moved higher against the euro after data showed that the preliminary reading of Germany’s manufacturing PMI dropped to a four-month low of 53.8 in March (below forecasts of 54.6). What happened with other currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Erases Earlier Gains

    March 21, 2014, 1:28 PM

    Earlier today, the greenback moved lower against the Canadian dollar after the release of better-than-expected Canadian inflation and retail sales data. What happened with other currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Extends Gains After Jobless Claims Data

    March 20, 2014, 4:41 PM

    The U.S. dollar moved higher against major currency pairs after better-than-expected initial jobless claims data. Earlier today, the Department of Labor showed in its report that initial claims for jobless benefits in the week ending March 15 rose by 5,000 to 320,000 from the previous week’s total of 315,000 000, while analysts had expected an increase of 10,000. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Extends Gains

    March 19, 2014, 4:21 PM

    The U.S. dollar moved higher against major currency pairs after the Fed said it would reduce its monthly bond purchases by another $10 billion a month in April, to $55 billion. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Rebounds Slightly

    March 18, 2014, 12:57 PM

    Earlier today, the U.S. dollar increased against the British pound to nearly five-week high after U.S. economic data, which showed that the number of building permits issued in the U.S. rose to a four-month high in February, rebounding after a sharp drop in January. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines After Disappointing U.S. Data

    March 17, 2014, 1:52 PM

    Earlier today, the U.S. dollar dropped after disappointing U.S. manufacturing activity data. The Federal Reserve Bank of New York said that its Empire State manufacturing index moved higher to 5.6 this month, from a reading of 4.5 in February, missing expectations for a rise to 6. Although today’s data also showed that U.S. industrial production rose 0.6% in February (beating expectations for a 0.1% increase), the greenback extended losses and approached its monthly low once again. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Drops After Disappointing U.S. Data

    March 14, 2014, 3:27 PM

    The U.S. dollar reversed and approached the monthly low after disappointing consumer sentiment data. Earlier today, the Thomson Reuters/University of Michigan preliminary consumer sentiment index fell to 79.9 for March, from 81.6 in the previous month (well below expectations for a rise to 82.0). Additionally, the U.S. producer price index fell 0.1% in February (also below expectations for a 0.2% rise), while core producer price inflation (which excludes food, energy and trade) slipped 0.2% last month (also below expectations for a 0.1% rise). What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Gains After Initial Jobless Claims Data

    March 13, 2014, 2:58 PM

    The U.S. dollar rebounded from a fresh 2014 low after stronger-than-expected data on U.S. retail sales and initial jobless claims. The Commerce Department reported that retail sales rose 0.3% in February (above expectations for an increase of 0.2%), while the Department of Labor showed in its report that initial claims for jobless benefits decreased by 9,000 (while analysts had expected an increase of 6,000) to a three month low of 315,000 last week. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Mixed Against Major Currencies

    March 12, 2014, 3:21 PM

    Earlier today, the U.S. dollar increased to a two-week high against its Canadian counterpart, but declined to a fresh 2014 low against the Swiss franc. What happened with other currency pairs? What is their current outlook? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    March 10, 2014, 1:19 PM

    The U.S. dollar climbed to a one-week high against its Canadian counterpart earlier today. The greenback also moved higher against the Australian dollar as weaker-than-expected Chinese economic data (released over the weekend) weighed on the Australian currency. What happened with other currency pairs? What is their current outlook? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Rebounds

    March 7, 2014, 11:32 AM

    The U.S. dollar erased some losses against major currencies after stronger-than-expected U.S. employment data, which showed that the economy added 175,000 jobs in February (well above expectations for a 149,000 increase). Additionally, the U.S. private sector added 162,000 jobs last month (beating expectations for a 154,000 rise). What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines Sharply

    March 6, 2014, 2:55 PM

    Although better-than-expected U.S. jobless claims data gave the U.S. dollar some support, the greenback declined sharply against the euro after ECB President Mario Draghi confirmed that the bank left its benchmark interest rate unchanged at 0.5% as recent data indicated moderate economic recovery in the euro zone. In this way, the U.S. currency dropped to its lowest level this year against the common currency. What happened with other currency pairs? What is their current outlook? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Climbs Higher

    March 5, 2014, 1:07 PM

    Earlier today, the U.S. dollar moved higher against major currencies despite disappointing economic data, which showed that the U.S. private sector added 139,000 jobs in February (below expectations for an increase of 160,000). However, the greenback gave up some gains after the Institute of Supply Management reported that its services purchasing manager's index fell to a 43-month low of 51.6 last month from 54.0 in January (while analysts had expected a drop to 53.5 in February). What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Extends Gains

    March 4, 2014, 10:20 AM

    Earlier today, the U.S. dollar moved higher against major currencies as tensions over the military action in Ukraine eased after Russian President Vladimir Putin statement. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Erases Losses

    March 3, 2014, 3:11 PM

    Earlier today, the U.S. dollar moved higher after positive economic data. The Commerce Department reported that personal spending rose 0.4% (above expectations for an increase of 0.1%) and personal income rose 0.3% (also above expectations for a 0.2% increase. Additionally, the core PCE price index rose 0.1% in line with expectations. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines Against Major Currencies

    February 28, 2014, 1:51 PM

    Earlier today, the U.S. dollar declined sharply against the euro after the release of positive euro zone economic reports, which supported demand for the common currency. Later in the day, the greenback extended losses against the euro and dropped to its lowest level since the beginning of the year after preliminary data showed that the U.S. gross domestic product rose 2.4% in the fourth quarter, missing expectations for a 2.5% growth. What happened with other currency pairs? What is their current outlook? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    February 27, 2014, 2:15 PM

    Earlier today, the U.S. currency moved higher after the Commerce Department showed that durable goods orders fell less than expected in January. Additionally, core durable goods orders (without transportation items) rose 1.1% in January, well above forecasts for a 0.3% decline (it was also the largest increase since May). Despite these positive numbers, the greenback gave up the gains and reversed after Federal Reserve Chair Janet Yellen testimony to the Senate banking committee in Washington. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Gains

    February 26, 2014, 11:51 AM

    The U.S. dollar extended gains after stronger-than-expected U.S. home sales data. Earlier today, the Commerce Department showed that new home sales rose 9.6% to 468,000 units in January, while analysts had expected a 1% drop to 400,000. What impact did this largest increase in five-and-a-half years has on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    February 25, 2014, 11:23 AM

    The U.S. currency declined once again against the euro and approached a seven-week low earlier today. Will today’s U.S. economic reports support the greenback later in the trading day? Before we know the answer to this question, let’s take a look at the current situation in major currency pairs. We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    February 24, 2014, 1:28 PM

    Earlier today, the U.S. dollar declined to slightly above a seven-week low against the euro after the IFO German business climate index increased to 111.3 in February, the highest level since mid-2011. However , in the following hours the greenback erased some losses against the common currency. What happened with other currency pairs? What is their current outlook? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    February 21, 2014, 1:16 PM

    The greenback moved lower against the euro after the release of U.S. home sales missed analysts' forecasts. The National Association of Realtors said that U.S. existing home sales declined 5.1% to 4.62 million units last month (while analysts had expected a 4.3% drop to 4.68 million units). What happened with other currency pairs? What is their current outlook? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Erases Earlier Losses

    February 20, 2014, 12:21 PM

    The U.S. currency moved higher against the major currencies after solid U.S. economic data. Earlier today, the preliminary U.S. PMI increased to 56.7 in February from a final reading of 53.7 in January (while analysts had expected a drop to 53.0 this month). Additionally, the Labor Department said in its report that initial claims for jobless benefits fell by 3,000 to 336,000 ( slightly below expectations for a decline of 4,000), while U.S. consumer prices rose 1.6% on a year-over-year basis in January and core consumer prices (without food and energy costs) were also up 1.6% on a year-over-year basis (both in line with expectations). What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    February 19, 2014, 9:30 AM

    Earlier today, the U.S. dollar was trading slightly above a seven-week low against the euro as yesterday’s weaker-than-expected U.S. data pushed the U.S. currency lower. However, the greenback moved higher against the British pound after data showed that the U.K. unemployment rate unexpectedly ticked higher (while analysts had expected that the jobless rate remain unchanged). Will today’s minutes from the Federal Reserve’s January meeting support the U.S. currency later in the trading day? Before we know the answer to this question, let’s take a look at the current situation in major currency pairs. We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines

    February 18, 2014, 12:50 PM

    The greenback declined against major currencies after the New York Federal Reserve's Empire State index of manufacturing activity for February dropped to 4.48 this month from a 20-month high of 12.51 in January (while analysts had expected the index to decline to 9.00). What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Mixed

    February 17, 2014, 12:18 PM

    The U.S. currency was little changed near recent lows against major currencies as U.S. markets are shut for the President’s Day holiday and trade volumes remain thin. Nevertheless, it’s worth noting that the greenback declined to a four-year low against the British pound earlier today. What is the current outlook for major currency pairs? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Erases Earlier Losses

    February 14, 2014, 12:37 PM

    The U.S. dollar moved little higher against major currencies after a positive U.S. consumer sentiment report. Earlier today, the University of Michigan showed that its consumer sentiment index remained unchanged at 81.2 this month, beating expectations for a fall to 80.6. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines

    February 13, 2014, 2:13 PM

    The U.S. dollar moved lower against major currencies after weaker-than-expected U.S. retail sales numbers for January and an increase in the number of new unemployment claims. The Commerce Department said that U.S. retail sales fell 0.4% last month (missing expectations for a 0.3% increase), while the Labor Department said in its report that initial claims for jobless benefits rose by 8,000 to 339,000 from the previous week’s total of 331,000 (analysts had expected jobless claims to fall by 1,000). What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Mixed Against Major Currencies

    February 12, 2014, 3:50 PM

    Earlier today, the U.S. dollar moved higher against the euro after ECB member Benoit Coeure said that the bank is considering a negative deposit rate. The greenback was little changed against the Japanese yen, but declined sharply against the British pound after the Bank of England upgraded its forward guidance on rates. What happened with other major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Mixed Against Major Currencies

    February 11, 2014, 12:12 PM

    The U.S. dollar remains mixed against major currencies after Federal Reserve Chair Janet Yellen signaled that recent soft economic data haven't swayed the central bank from a strategy of trimming its monthly bond purchases by $10 billion at each of its policy meetings this year. What impact did this event have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    February 10, 2014, 1:13 PM

    Earlier today, the U.S. dollar was little changed against major currencies as market participants are awaiting Federal Reserve Chairman Janet Yellen's testimony on the bank’s semiannual monetary policy report on Tuesday. What is the current outlook for major currency pairs? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines Against Major Currencies

    February 7, 2014, 1:49 PM

    The U.S. dollar moved lower against major currencies after a monthly U.S. employment report came in weaker than expected. Earlier today, the U.S. Labor Department showed that 113,000 jobs were added in January (well below expectations for a 185,000 increase). The report also showed that 142,000 jobs were added in the U.S. private sector last month, below the 189,000 that economists had expected. What impact did these lower-than-expected numbers have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Mixed Against Major Currencies

    February 6, 2014, 11:55 AM

    Earlier today, the British pound remained steady against the dollar as the Bank of England left interest rates at record lows of 0.5%. Meanwhile, the euro declined against the U.S. currency despite the European Central Bank decided to leave its interest rates on hold (at their record low of 0.25%). However, it reversed after a disappointing U.S. trade balance reading. The greenback was little changed against the Japanese yen, but declined sharply against the Swiss franc. What happened with the AUD/USD pair? The Aussie climbed to three-and-a-half week high against its U.S. counterpart boosted by an unexpected trade surplus in December and better-than-expected retail sales. Additionally, the National Australia Bank said that its business confidence index rose to 8 in the fourth quarter from a reading of 5 in the third quarter. What is the outlook for major currency pairs? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    February 5, 2014, 12:10 PM

    Earlier today, the U.S. currency moved lower against the euro after data showed that the euro zone's private sector posted its strongest growth in more than two-and-a half years in January. The greenback also declined against the yen and its Canadian counterpart. Meanwhile, the U.S. dollar increased against the British pound after data showed that the U.K. services PMI for January dropped to a seven-month low of 58.3. The U.S. currency also improved against the Swiss franc and the Australian dollar. Did these moves change the outlook for major currency pairs? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines Against Major Currencies

    February 4, 2014, 2:53 PM

    Earlier today, the U.S. currency erased some losses against the euro, yen and Swiss franc. However, the greenback moved lower against the British after data showed that construction output in the U.K. rose at the fastest rate since August 2007 in January, suggesting that the economic recovery is continuing. The U.S. dollar also declined against its Australian counterpart after the Reserve Bank of Australia left rates on hold at 2.5%. What impact did these numbers have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines Against Major Currencies

    February 3, 2014, 2:40 PM

    Earlier today, the greenback moved lower against most of major currencies after weaker-than expected U.S. economic data which showed that U.S. manufacturing PMI dropped to 53.7 in January (from December's 55.0). Additionally, the Institute for Supply Management’s manufacturing index fell to a seven-month low in January. What impact did these numbers have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Extends Gains Against Major Currencies

    January 31, 2014, 9:59 AM

    Although the greenback declined against the Japanese Yen, the U.S. currency improved against other major currencies hitting a fresh January high against the euro and its Canadian counterpart. Did these moves change the outlook for major currency pairs? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Rises Against Major Currencies

    January 30, 2014, 12:30 PM

    Earlier today, the U.S. currency moved higher against most of major currencies as the Commerce Department showed that the U.S. economy expanded 3.2% in the fourth quarter, which fueled demand for the greenback. This positive news for the U.S. dollar came one day after the Federal Reserve reduced bond purchases to $65 billion a month showing that neither a disappointing December jobs report nor recent turmoil in emerging markets was enough to diminish their positive outlook for the U.S. economy. What impact did these events have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Declines Against Major Currencies

    January 29, 2014, 12:49 PM

    Earlier today, the U.S. currency declined against most of major currencies as concerns over economic growth in emerging markets weighed on investor sentiment ahead of the Federal Reserve’s policy statement later in the day. What impact did these circumstances have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Erases Losses

    January 28, 2014, 9:49 AM

    Earlier today, the U.S. currency rose against most of major currencies as expectations that the Federal Reserve will continue to scale back stimulus program this week fueled demand for the greenback. What impact did these moves have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Mixed Against Major Currencies

    January 27, 2014, 12:22 PM

    Earlier today, the greenback moved higher against the euro, the yen and the Swiss franc. Nevertheless, the U.S. currency declined against the British pound, Canadian dollar and its Australian counterpart. Did these moves change the outlook for major currency pairs? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    January 24, 2014, 2:00 PM

    Earlier today, the greenback moved higher against the euro, the British pound and its Australian counterpart. However, the U.S. currency declined against the Swiss franc, yen and its Canadian counterpart. Did these moves change the outlook for major currency pairs? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Drops Against Major Currencies

    January 23, 2014, 10:58 AM

    Earlier today, the U.S. currency moved sharply lower against European currencies. The euro rebounded sharply after stronger-than-expected data on eurozone private sector activity. The British pound extended gains and climbed to its highest level since Aug. 2011 after a sharper than expected fall in the U.K. unemployment rate. Meanwhile, the Swiss franc improved significantly after the government moved to curb mortgage lending. What impact did these moves have on major currency pairs? What happened with USD/JPY, USD/CAD and AUD/USD at the same time? We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Mixed Against Major Currencies

    January 22, 2014, 12:32 PM

    Earlier today, the U.S. currency was steady against the euro, Swiss franc and yen. Meanwhile, the British pound extended gains after data showed that the U.K. unemployment rate fell to 7.1% in November (it was the largest drop in unemployment since 1997). Thanks to this news, the pound climbed to a three-week high against the greenback. Another currency that increased against the U.S. dollar was its Australian counterpart. The Australian dollar rebounded sharply after better-than-expected fourth quarter inflation data. What happened with our last currency pair? The greenback rose to a four-year highs against the Canadian dollar after the Bank of Canada left interest rates unchanged. What impact did these moves have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Erases Losses Against Major Currencies

    January 21, 2014, 12:50 PM

    Earlier today, the U.S. dollar moved higher against the euro after worse-than-expected data from Germany. The U.S. currency also appreciated against the Swiss franc and the yen, while the pound erased the gains against the greenback after data showed that British factory orders fell in January. Meanwhile, the U.S. dollar rose to the highest level since September 2009 against its Canadian counterpart as expectations that the Fed will continue to scale back its stimulus program at the next policy meeting on January 29 to USD65 billion, from the current USD75 billion, weighed on the exchange rate. What impact did these moves have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Drops Against Major Currencies

    January 20, 2014, 12:06 PM

    Earlier today, the U.S. dollar declined from a two-month high against the euro and gave up the gains against its Canadian counterpart. The greenback also slipped lower against other major currencies, however, we should keep in mind that trade volumes remain thin as markets in the U.S. are closed for a holiday. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Remains Higher Against Major Currencies

    January 17, 2014, 11:21 AM

    Earlier today, the greenback improved against five major currencies. However, it slipped vs. the British pound after data showed that U.K. retail sales increased by 2.6% in December, far above expectations for a 0.4% rise. Speaking of economic data… The report that may improve the dollar’s outlook is the University of Michigan/Thomson Reuters consumer sentiment index for January. Will it support the U.S. Dollar in the following hours? Before we know the answer to this question, let’s take a look at the current situation in major currency pairs. We invite you to read our today's Forex Trading Alert.

  • Forex Trading Alert: U.S. Dollar Drops after Initial Jobless Claims

    January 16, 2014, 10:21 AM

    The U.S. dollar moved lower against major currencies after a smaller-than-expected drop in the number of new unemployment claims. The Labor Department said in its report that initial claims for jobless benefits decreased by 2,000 to a seasonally adjusted 326,000 in the week ended Jan. 11 (while economists had expected 330,000 new claims for the week). It’s worth noting that this is the smallest number in six weeks. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

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