Category: Daily Forex Reports

Following Friday’s U.S. Employment figure, the best in three years, risk taking returned to the marketplace. Additionally, the U.S. economy saw further signs of improvement after yesterday’s ISM Manufacturing PMI and Pending Home Sales reports. While risk...

Because of the holidays at the markets in the USA and Europe the trading for the euro-US dollar pair on Friday was under influence of the fundamental data from the US labor markets. Right from first minutes...

Market Review – 04/04/2010 14:26GMT Dollar jumps after strong U.S. employment report Although the greenback traded narrowly in holiday-thin Easter Friday in Asia as markets in Europe were closed for Easter Friday holiday,

A sharp growth of the European currency yesterday afternoon was directly related to investors’ risk appetite rising, as the positive US industrial sector data and improvement of the situation on the labor market favorably influenced on the...

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...

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,...

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...