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My Forex experience and some Forex related information that might be useful to other traders

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Forex blog posts about leading indicators are presented here. You can click the selected excerpt's title to continue reading on 'leading indicators'.

EUR/USD Drops on Global Fears

April 21st, 2010

The dollar strengthened against the euro today during the early Forex session as the investors become more afraid of the financial risks with the situation around Greece and Goldman Sachs. The pair traded with a volatility after the fundamental news on the U.S. crude oil reserves was released but didn’t show any momentum. EUR/USD …

EUR/USD Continues to Fall Despite Lower CPI

March 18th, 2010

EUR/USD continued its decline today falling down to the weekly lows and then retracing back somewhat. The U.S. fundamentals remain rather weak and unsupporting for the U.S. dollar, but the markets seem to be more preoccupied with the current Eurozone’s fiscal problems. The currency pair is now trading near 1.3683.

CPI

Dollar Volatility Rises on Mixed Data

February 18th, 2010

The EUR/USD oscillated considerably today after reaching the lowest price in 9 months as mixed data published in the U.S. caused divergent opinions among traders towards the dollar. Speculations that the Fed might lift economic stimulus and that some investors may start buying back euros allowed to euro to pare some …

EUR/USD Continues Drop on Better U.S. Outlook

January 21st, 2010

Another consecutive day of losses for the European single currency this Thursday evidenced a decrease in attractiveness for the euro as services and manufacturing reports published today showed worse than expected figures in the Euroland. The U.S. dollar continued bullish today versus several currencies despite mediocre data showed in nation’s reports today. EUR/USD …

EUR/USD Reaches Record Low on Greece Debt Struggle

December 17th, 2009

After Greece, an European Union member which adopted the euro since it was introduced, had a downgrade on its credit rating by Standard & Poor’s for the second time this year, the EUR/USD currency pair dropped to the lowest level in three months, as it signaled that not all bloc members are …

EUR/USD Falls on Risk Appetite Decline

November 19th, 2009

The EUR/USD currency pair dropped significantly today after a considerable rise yesterday, in a week marked by high volatility so far. A negative day in stocks markets and a rising risk aversion brought investors back to dollar-priced assets, in a day were refuge currencies like the yen performed the best. A part from a better …

Another Correction After Another Gaining Day on EUR/USD

October 22nd, 2009

EUR/USD is now finishing its third correction-after-gain 2-day pattern on the chart as the U.S. job data inspired bearish speculations for the stock markets’ correction. The currency pair is now trading near 1.4983 after setting its new yearly record at 1.5045.

Initial jobless claims increased from 520k to 531k …

EUR/USD Down After FOMC Claims

September 23rd, 2009

EUR/USD managed to reach its new high level since late September 2008 and then went down below the daily open level today. The FOMC decision played the major role in today’s decline of the euro against the U.S. dollar. Currently EUR/USD is trading near 1.4764 after reaching as high as 1.4842 …

EUR/USD Floats Near Open After Small Rise in Jobless Claims

August 20th, 2009

The euro is trading slightly below its open level against the greenback after the initial jobless claims report showed a small rise today. EUR/USD is currently floating near 1.4219 after opening at 1.4233.

Initial jobless claims went up from 561k to 576k during the last week, while …

Another Small Gain for EUR/USD After 3 Days of Growth

May 21st, 2009

EUR/USD posted a small insignificant gain today as the market participants couldn’t sustain such a long bullish trend after three days of growth. Despite the fact that the economic indicators that come out in U.S. today were quite positive, EUR/USD is still trading only slightly above its …

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