TraderWise

Source: ForexYardDollar Slumps Prior to Non Farms Report
Weekly U.S. unemployment numbers sent the dollar lower during U.S. trading hours today as applications for unemployment insurance rose to a three month high. The negative employment data comes prior to today's release of the all important non-farm payrolls.Economic NewsUSD – Weak Data Hurts Dollar
The dollar fell following the release of disappointing U.S. weekly employment numbers, only a day before the release of the high impact non-farm payrolls report.

EUR/USD Still Hovering Around 3-Month High
After hitting a three month high against the U.S. dollar in trading yesterday, the euro took some slight losses last night, falling some 30 pips against the greenback. The overall trend for EUR/USD is still up, especially ahead of the U.S. Advance GDP figure, which is forecasted to show a slight decrease from the previous report.Economic NewsUSD – Dollar Manages Slight Gains, But Remains Low Overall
A less than encouraging Unemployment Claims report released yesterday did little to assuage investor fears in the pace of the U.S.

EUR/USD Falls on European Fiscal Concerns

The Dollar rallied broadly, while the EUR fell to 10-month lows on Wednesday, as a ratings firm downgraded Portugal, adding to worries over debt sustainability and growth in some of euro zone's smaller countries. That supported some safe-haven flows into the U.S. dollar.
Economic News
USD – Dollar's Rally Continues

The Dollar extended gains against most of its major counterparts after a report showed new orders for long-lasting U.S. manufactured goods rose for the third straight month in February.

Dollar Recovers after Consumer Confidence Report
The U.S. Dollar advanced on Wednesday, gaining 1% against the Japanese Yen and pushing the EUR back under $1.30, after a report showed U.S. consumer confidence fell more than expected, pressuring equities lower and reducing investors' appetite for risky assets.Economic NewsUSD – Dollar Rises on Demand for Greenback's Safety
The U.S Dollar advanced against most of its major counterparts as a decline in U.S. consumer sentiment to a 5 month low revived demand for the relative safety of the world's main reserve currency.

Dollar Down after Touching 10-Month High vs EUR

The U.S. Dollar turned slightly lower versus the EUR as traders positioned for a big European Union (EU) meeting this week amid signs of a deepening divide among policy-makers over aid to Greece.
Economic News
USD – USD Weakens as Risk Sentiment Improves

The U.S Dollar pulled back from a 3-week high against the EUR yesterday pressured by an improvement in risk appetite following gains in U.S. stocks. U.S. stocks rose on Monday as the passage of a bill overhauling healthcare ended uncertainty about the reform.

U.S. Non-Farm Payrolls on Tap

The U.S. payrolls report is due today with analysts forecasting the economy added 185,000 jobs last month. That would be an outcome that would likely lift the U.S dollar and boost expectations for higher U.S. interest rates.
Economic News
USD – U.S Dollar Recovers Ground vs. EUR

The U.S. dollar hit a 7 month high against the Japanese yen on Thursday as Japanese investors rang in Japan's fiscal year by moving funds abroad into higher-yielding currencies and assets. The USD rose as high as 93.89 yen its best level since August 2009.

U.S Dollar Up ahead of Bernanke Testimony

The U.S. Dollar briefly stayed higher versus the EUR on Monday and near an 8-month high versus other major currencies as traders await Fed Chairman Ben Bernanke's testimony on Wednesday and Thursday that would set the tone for the greenback in the coming days and possibly highlight future decisions regarding interest rates following the recent rise in the discount rate.
Economic News
USD – Dollar Gains vs. EUR on Rate Increase News

The U.S.

Source: ForexYardYen Strengthens Despite Weak Japanese GDP Report
Volumes were light during Monday's trading as the yen climbed versus the major currencies. Japanese Q2 gross domestic product failed to meet market expectations, raising concerns over the pace of the global economic recovery.Economic NewsUSD – Dollar Weakens on Light Trading
The U.S. dollar was weaker across the board today as trading today began on a down note.

Source: ForexYardDollar Continues To Slide Amid Disappointing Jobs Data
The U.S. dollar continues to slide on almost all fronts. As a result, during the past week the euro reached a 5-month high against the dollar and the Japanese yen saw a 15-year high vs. the greenback. Dollar-dominated commodities soared as well during the process; gold saw an all-time high of $1,364 an ounce, and crude oil marked a 5-month high of $84.40 a barrel. Can this trend continue this week as well?Economic NewsUSD – Dollar Closes another Bearish Week
The U.S.