Dollar continued to rally for the second straight day on Friday 04th Feb, against every major pair after unexpected sharp decline in unemployment rate in US to 9.0 percent for January 2011 against median expectation of 9.5...
Market Review – 04/02/2011 19:49 GMT Dollar rallies broadly on surprised sharp fall in U.S. unemployment rate The greenback rallied versus the Japanese yen on Friday as U.S. Treasury yields jumped after the key U.S. jobs report...
On a 4-hour graph the EUR/JPY currency pair is probably forming a Falling Three Methods candlestick combination. As is known, this model is a signal for further downside movement.
The pound reaches new weekly maximums. Asian and European trading sessions:
The euro came off its recent highs following dovish ECB comments and strong employment data from the US. If yesterday’s economic data is any hint of today’s payroll numbers, the dollar rally may prove to have legs.
Dollar strengthened against almost every pair on the back of positive US numbers released yesterday coupled with ECB President’s intention of not boosting interest rates in near future. ECB Monetary announcement dented the up rally of Euro,...
Greetings. It’s already our 2nd NFP for 2011 and time is just flying by. As always, here are the numbers for the Non-Farm Payroll announcements for the GBP/USD.
Support levels: 0.9820, 0.9711, 0.9650Resistance levels: 1.0057, 1.0050, 1.0212
Sterling demonstrates strong growth. Asian and European trading sessions:
Yesterday’s flare-up in Egypt between forces supporting president Mubarak and those calling for his ouster has apparently added to a rising atmosphere of uncertainty in the region which has pulled some investors away from their recent risk-taking.
