Last week’s session ended with a rather disappointing U.S. Non-Farm Payrolls data as payrolls increased by merely 43,000 in November. As a result, the Japanese yen, and commodities such as gold and crude oil, have rallied. The...
Market Review – 03/12/2010 20:34 GMT The greenback tumbles broadly on surprisingly weak U.S. jobs report The dollar dropped sharply against most of its counterparts on Friday as data indicated U.S. non-farm payrolls created far less than...
On a 4-hour graph the USD/CHF is probably forming the combination of candlesticks Falling Three Methods, which indicates a downside movement.
The Jobless numbers from the States today will steal the spotlight from the problems Europe is facing going into the weekend. The USD lost ground to the EUR and GBP yesterday as more stability came into the...
With euro-zone debt crisis showing signs of stabilization, at least in the short term, eyes are again turning to the U.S and any economic data publications from the region that might give clues to the pace of...
Market Review – 02/12/2010 21:42 GMT Euro surges on speculation of ECB’s bond buying The single currency rose in the choppy trading on Thursday on speculation that ECB was buying eurozone bonds, especially Portuguese and Irish debts....
Earlier on a 4-hour graph the GBP/JPY has formed the combination of candlesticks Rising Three Methods that indicates an uprising movement.
The next two days should provide an electric trading atmosphere, this on the heels of the today’s ECB monetary policy press conference and tomorrow’s U.S. Non Farm Employment Change numbers. The USD lost ground to the EUR...
Strong private payroll numbers boosted equities today as well as higher yielding assets such as the Aussie dollar and crude oil. The dollar and the yen sold off sharply while the euro rose versus the greenback for...
Market Review – 01/12/2010 21:41 GMT Euro rises on speculation of ECB’s extra bond purchase Euro rebounded from an intra-day low of 1.2970 in Asia on Wednesday after early selloff in the previous session as traders reduced...
