Market Review – 08/02/2010 22:48 All times in GMT Euro stabilises on slight recovery in risk appetite Although weekend’s verbal assurance from G7 finance ministers that Greece’s fiscal problem will be dealt helped euro to stage a...
ForexPros Daily Analysis February 8, 2010 — Free webinar on ForexPros – Mapping Out the Banking System & Foreign Exchange Dealing Process, Part II. Expert: Dan CookWhen: Wed, Feb 24, 2010, 11:00 EST In the second installment...
USD/JPY Open 89.27 High 89.81 Low 88.83 Close 89.19Dollar/Yen at first traded hesitantly on Friday, than bears took over the race and the currency couple declined down to 88.83, closing the week at 89.19. Today the USD/JPY...
Market Notes: Friday’s U.S. Non-Farm Employment Change published at -20K – which is close to what we’ve expected (close to zero). Next month data we’ll expect to be positive. However, the unemployment rate showed a decrease from...
Past Sessions • USD Change in Non-Farm Payroll -20K versus expected 10K, prior -150K• USD Unemployment rate out 9.7% versus expected 10%, and prior 10%• CAD Employment Change out at 43K versus expected 15.2K, prior -2.6K• CAD...
GBP/USD Open 1.5598 High 1.5777 Low 1.5534 Close 1.5657Pound/Dollar continued descending on Friday from 1.5777 to 1.5570, closing the week at 1.5657. On the 1 hour chart we have a very well shaped downward channel. Be aware...
The dollar climbed to an eight month high versus the EUR on Friday after the release of the U.S. jobs report. Credit concerns in Europe are weighing on the market as traders have moved out of riskier...
EUR/USD Open 1.3645 High 1.3746 Low 1.3585 Close 1.3674After the significant correction at the beginning of last week, Euro/Dollar continued declining from 3 February, as seen on the 15 minute chart. The descending extended on Friday, closing...
USDCAD traded in a range between 1.0206 and 1.0852. The price action in the trading range is more likely a double bottom pattern on daily chart. Rise to test 1.0852 key resistance is expected next week, a...
USDCHF remains in uptrend from 1.0132 and the rise extends to as high as 1.0794 level. Further rally is still possible next week and target would be at 1.0850-1.0900 area. Support level is now at 1.0600, as...
