Today, traders should pay close attention to the release of the U.S. Non-Farm Employment Change report. This indicator always produces extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the market...
EUR/USD Open 1.4871 High 1.4913 Low 1.4812 Close 1.4868 After the rise on Wednesday, on Thursday Euro/Dollar was trading hesitantly, entering into consolidation phase. On the 1 hour chart the currency couple tested the lower limit of...
USD/JPY Open 90.68 High 91.09 Low 90.08 Close 90.71 Dollar/Yen climbed on Wednesday from the 90.08 bottom to the 91.09 top, closing theday at 90.71. The currency couple formed divergence on the 3 hour chart. The 92.25...
Forexpros Daily Analysis Nov 5, 2009 — Unemployment Rate in the US to Be Announced Tomorrow The Unemployment Rate is a measure of the percentage of the total labor force that is unemployed but actively seeking employment...
USD The US Dollar dropped on Wednesday against most majors after a sharp rise in equities and commodities stole the Dollar’s safe-haven appeal. The downturn happened as investors waited for a policy decision from the US...
The Bank of England’s (BOE) rate statement is due at 12:00 GMT while the European Central Bank (ECB) press conference is expected at 13:30 GMT. While both banks are expected to keep their interest rates at their...
GBP/USD Open 1.6550 High 1.6595 Low 1.6400 Close 1.6555 Pound/Dollar also climbed on Wednesday, from the 1.6400 bottom, to the 1.6595 top, closing the day at 1.6555. Today the Cable is in a consolidation phase so far,...
Forexpros Daily Analysis Nov 4, 2009 — Initial Jobless Claims to Be Published in the US Tomorrow The Initial Jobless Claims is a measure of the number of people who file for unemployment benefits for the first...
USD/JPY 90.84 – 4 November 2009 USD/JPY Open 90.42 High 91.01 Low 89.88 Close 90.32 On Tuesday Dollar/Yen made an increasing movement, as expected, from the 89.88 bottom, up to the 90.55 top, closing the day at...
GBP/USD Open 1.6419 High 1.6497 Low 1.6270 Close 1.6433 On Tuesday Pound/Dollar made indecisive movements, dropping first as expected down to the 1.6270 bottom, from where it climbed up to the 1.6445 top, closing the day at...
