Forexpros Daily Analysis Jan 12, 2010 Fundamental Analysis: Core Retail Sales Traders of USD await the publication of the Core Retail Sales report.The Core Retail Sales is a monthly measurement of all goods sold by retailers based...
Non Farm Payrolls was worse than expected. However, if the pace of the job market will stay as it is, we can expect a zero or a positive number next month.
GBP/USD Open 1.6106 High 1.6148 Low 1.5898 Close 1.6113Pound/Dollar has formed a new bullish trend on the 15 minutes chart, while still trading neutral on the 1 hour chart, and downward on the 3 hour, where quotes...
The U.S Dollar declined against major counterparts Monday as risk appetite returned on renewed confidence about an impending global economic recovery. The renewed optimism fueled demand for the EUR as well as currencies from commodities-rich countries such...
USD After a weekend in which traders and analysts digested the disappointing Non-Farm Payroll data, the US Dollar fell across the board on Monday in the first full session since the report’s release. Not helping the Dollar...
EUR/USD Open 1.4504 High 1.4549 Low 1.4409 Close 1.4514Euro/Dollar broke up of the 1.4229 – 1.4484 range on Monday, reaching the 1.4549 top, closing the day at 1.4514. Our preferable scenario for today is bearish, and a...
USD/JPY Open 93.44 High 93.75 Low 92.10 Close 92.57Dollar/Yen made a significant bearish movement on Friday from 93.62 down to 92.35, closing the week at 92.57. On the 1 hour chart the currency couple is moving hesitantly,...
Forexpros Daily Analysis Jan 11. 2010 Fundamental Analysis: Trade Balance The Trade Balance index will be published tomorrow (Jan 12) in the US, Britain and Canada.The Trade Balance index measures the difference in worth between exported and...
GBP/USD Open 1.5934 High 1.6148 Low 1.5898 Close 1.6018Pound/Dollar made a bullish movement on Friday, reaching a top at 1.6093, closing the week at 1.6018. Today the bullish trend continued. However, on the 3 hour chart we...
USD The US Non-Farm Payroll report came out on Thursday amidst a wealth of hope that it would show the US employment situation improving drastically, a hope brought on by two indicators earlier in the week. However,...
