The Dow Jones Industrial Average fell 290 points this week to 12,151.26. It was the benchmark’s fifth straight weekly decline, its longest losing streak since 2004. So far this year, however, it is up almost 5%. The...
Forex traders had a very interesting early June. The greenback closed its third consecutive weekly decline – and the progress on the pullback seems to carry the same level of momentum that the larger bear trend through...
With Friday’s Non-Farm Payroll (NFP) figure revealing surprise stagnation in the US employment sector, traders appear more reluctant to go into the greenback in order to stave off further losses in their portfolios. The euro zone has...
U.S. jobless data on Friday delivered a hard body punch to investors. The expectation going into Friday for the Non Farm Employment Change numbers was 161k, but the result was a mere 54k jobs added. To make...
Please find hereafter our daily update on the majors as of June 5th 2011. (Click on the dedicated link to access our forum post with the chart).
06/03/2011 15:54 UTC USD swings lower as it weakens against the EUR, GBP, CHF, AUD and NZD. Recent mid-term strength indicator reading for USD is 4 out of 8, thus suggesting that the current swing may be...
06/03/2011 14:47 UTC AUD swings higher as it strengthens against the USD, JPY, NZD, CAD and GBP. Recent mid-term strength indicator reading for AUD is 2 out of 8, thus suggesting that the current swing may be...
06/03/2011 12:31 UTC AUD swings lower as it weakens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 2 out of 8, thus suggesting that the current swing may be...
06/03/2011 08:48 UTC GBP swings lower as it weakens against the USD, EUR, JPY, CHF and CAD. Recent mid-term strength indicator reading for GBP is 3 out of 8, thus suggesting that the current swing may be...
Wall Street finished lower Thursday as investors braced for Friday’s monthly employment report. People are worried about today’s number, because it really is a gamble now. The weather impacted in months prior, and then in April we...
