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...
GBP/USD Open 1.5099 High 1.5132 Low 1.4863 Close 1.5098Pound/Dollar followed the Euro upwards on Wednesday, as Dollar weakened across the board, climbing from 1.4981 to 1.5132, closing the day at 1.5098. Today at 11:00 is the BOE...
ECB and BoE key rate announcements today, followed by US Non-Farm Payrolls out tomorrow Past Sessions: • USD ADP Non-Farm Employment Change out at -20K, versus expected -15K, prior -60K (revised)• USD ISM Non-Manufacturing PMI out at...
The U.S. dollar traded lower Wednesday as investors moved to higher-yielding currencies and riskier assets after U.S. data was better than expected. ISM service data showed the U.S. services sector grew in February at its fastest pace...
EUR/USD Open 1.3700 High 1.3734 Low 1.3595 Close 1.3696The Euro/Dollar rose on Wednesday after new strategic measures of the Greek government for lowering the deficit with 5 bln were announced. The currency couple climbed from 1.3595 up...
