The U.S. payrolls report is due today with analysts forecasting the economy added 185,000 jobs last month. That would be an outcome that would likely lift the U.S dollar and boost expectations for higher U.S. interest rates.
On Wednesday, the European currency strengthened by more than 90 points due to fundamental statistics, investors’ risk appetite rising and reaching important key technical levels. At the Asian deals, a slight correctional movement was observed after Tuesday’s...
USD/JPY Open 93.60 High 93.70 Low 92.13 Close 93.45The weakening of the Yen accelerated on Wednesday, in converse with the very negative bank sentiment for Dollar/Yen at around -74%. The currency couple climbed from 92.82 to 93.62,...
Past Events • USD ADP Non-Farm Employment Change, out at -23K versus expected 40K, prior -24K (revised)• CAD GDP m/m, out at 0.6% versus expected 0.5%, prior 0.5% (revised)• EUR Unemployment Rate, out at 10% as expected,...
GBP/USD Open 1.5189 High 1.5247 Low 1.5053 Close 1.5182Pound/Dollar continued to increase on Wednesday, in converse with the negative Interbank sentiment at around -37%. The Cable climbed yesterday from 1.5053 to 1.5203, closing the day at 1.5182....
Coming off its recent 3-month high against the Japanese Yen, the U.S. Dollar is looking to continue its bullish run in trading today. Risk appetite seems to be returning, especially as predictions are coming in that Fridays...
EUR/USD Open 1.3507 High 1.3559 Low 1.3386 Close 1.3510The Euro’s rally faltered on Wednesday before resuming rising. Euro/Dollar dropped to 1.3386 yesterday, from where it started climbing up to 1.3546, in converse with the the Interbank sentiment...
Market Review – 31/03/2010 22:15GMT Dollar and yen tumble on month-end broad-based selling The single currency was under pressure initially in Asian morning and hit an intra-day low at 1.3384 in Asian mid-day before staging a rebound....
