Breaking news fm Reuters quoted fm a top state banker that ‘talk of China stopping to support dollar is non-sense’. Market reaction to this news was somehow muted. Usd/jpy last traded at 90.36, eur/usd at 1.3681 n...
Market Review – 06/03/2010 01:30GMT Yen weakens against most currencies after better-than-expected U.S. jobs report The dollar fell against most of G7 currencies except the yen as U.S. non-farm payrolls showed fewer Americans lost jobs last month...
GBP/USD Open 1.5030 High 1.5132 Low 1.4863 Close 1.5032Pound/Dollar traded hesitantly on Thursday within the 1.5012 – 1.5124 range, closing the day at 1.5032. Today at 9:30 are the PPI and Halifax housing. As quotes are still...
Past Events: • EUR Minimum Bid Rate out at 1.0% versus expected 1.0%, prior 1.0%• GBP Official Bank Rate out at 0.5% versus expected 0.5%, prior 0.5%• GBP Asset Purchase Facility out at 200B versus expected 200B,...
The forex market is bracing itself for some heavy volatility as the U.S. Non-Farm Payrolls figure is set to be released today. The monthly report is one of the most significant market indicators and will heavily impact...
EUR/USD Open 1.3583 High 1.3711 Low 1.3556 Close 1.3582Euro/Dollar started decreasing on Thursday ahead of the US Nonfarm payrolls and the Unemployment report due today at 13:30 GMT. The currency couple dropped from 1.3711 down to 1.3556,...
Market Review – 04/03/2010 22:51GMT Euro tumbles on ECB n Deutsche Bank’s downgrade by Moody’s dollar surged broadly The greenback rose broadly on Thursday and the single currency declined sharply after the ECB stated it would not...
The overall picture: A long-expected trend has finally begun, as Bollinger Bands signaled about it. A “buy” signal with the target level of 1.3962 is formed. At present moment, the price has not managed to strengthen above...
ForexPros Daily Analysis March 4, 2010 Fundamental Analysis: US Unemployment Rate Traders of the US anticipate the publication of the Unemployment Rate, which is a measure of the percentage of the total labor force that is unemployed...
Usd/jpy – 88.40 … http://www.acetraderfx.com People Bank of China deputy central banker Su Ning’s comments that inflation expectations in China can be controlled. The greenback briefly dropped to 88.14 on his comments after triggering some stops at...