USD Gradually Ascending Ahead of Tomorrow’s NFP

by ForexCycle.com | May 1, 2008 7:57 am
The USD reversed its gains vs. the EUR yesterday as traders concluded that the FOMC Statement that came right after its Interest Rate policy meeting left the door opened for further rate reductions. Shortly after the Interest...

Forex Daily Analysis

by forexpros.com | May 1, 2008 4:00 am
Today’s USD Trading  • USD quiet in Asia, firms in Europe• GBP and EURO rally after rate cut• Whipsaw in the majors Today’s Economic ReportsAll times EASTERN (-5 GMT)• 8:15am ADP Private Payrolls, Actual+ 10,000• 8:30am Advance...