Market Review – 10/01/2011 21:47 GMT Euro recovers from 4-month low on short-covering The single currency extended last week’s selloff to a fresh four-month low at 1.2860 (NZ) on Monday due to lingering eurozone sovereign debt crisis...
The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data. The dollar strengthened as the U.S. Unemployment Rate has dropped to 9.4%, its...
Market Review – 07/01/2011 18:57 GMT Euro tumbles to 4-month low despite weaker-than-expected U.S. payrolls report The single currency fell broadly on Friday as renewed euro zone sovereign risk pressured the euro. Although eur/usd managed to stage...
Update Time: 06 Jan 2011 20:59GMT INTRA-DAY USD/JPY OUTLOOK – +83.35+ As dlr has rebounded after finding renewed buy-ing abv European low of 82.88, consolidation withupside bias is retained, abv intra-day 83.40 highneeded to extend this week’s...
The publication of the Non-Farm Payroll (NFP) data from the US at 13:30 GMT today is without a doubt the leading publication on the economic calendar. If this highly impactful employment report comes in line with Wednesday’s...
Market Review – 06/01/2011 21:36 GMT Euro falls below $1.30 level to a 5-week low against dollar The single currency tumbled to a five-week low against the dollar on Thursday as the recent release of upbeat U.S....
The greenback rallied yesterday on a report that hiring picked up in the month of December. Following better than expected inventory numbers the price of crude oil came off a 3-week low to trade above the $90...
Market Review – 05/01/2011 21:53 GMT Dollar surges due to robust U.S. economic data The dollar rose sharply on Wednesday after a slew of upbeat U.S. economic data suggested the U.S. economy was on a steady path...
The dollar gained against most of its major currency rivals yesterday, partly due to expectations that this week’s labor reports will provide further evidence that the U.S. economy is recovering. The first of these reports is the...
Market Review – 04/01/2011 21:21 GMT Dollar rises on upbeat US economic data The dollar recovered from 3-week low against euro on Tuesday as robust U.S. economic data suggested the U.S. economy was gaining strength and bolstered...
