Dollar Tumbles Following Negative Non-Farm Payrolls Data

by Forexyard.com | January 11, 2010 4:11 pm
After a relatively peaceful trading week, the shock took place on Friday. Very disappointing U.S. Non-Farm Employment Change data has created mayhem in the market, and took the EUR/USD pair above the 1.4500 level. The main question...

EUR/USD 1.4504 – 11 January 2010

by iFOREX.bg | January 11, 2010 4:09 pm
EUR/USD Open 1.4463 High 1.4532 Low 1.4272 Close 1.4404Euro/Dollar made a decreasing effort on Friday, reaching the 1.4272 bottom, from where it started climbing, closing the week at 1.4404. The currency pair just broke up of the...

GBP/USD 1.5974 – 8 January 2010

by iFOREX.bg | January 8, 2010 9:28 am
GBP/USD Open 1.5934 High 1.6065 Low 1.5898 Close 1.5930Pound/Dollar made a decreasing movement on Thursday, from the 1.6065 top to the 1.5897 bottom, closing the day at 1.5930. Of the 3 hour chart the Cable is has...

Non-Farm Employment Change to Invigorate Today’s Market

by Forexyard.com | January 8, 2010 6:55 am
On tap today is the ever-important US Non-Farm Employment Change (NFP) report due at 13:30 GMT. This is one of the most important economic events on the calendar and is always released on the first Friday of...

EUR/USD 1.4313 – 8 January 2010

by iFOREX.bg | January 8, 2010 6:06 am
EUR/USD Open 1.4318 High 1.4443 Low 1.4290 Close 1.4310Euro/Dollar attempted to increase on Thursday, sliding over the 1.4443 top, where bulls ran out of strength, and quotes tumbled down to the 1.4302 bottom, closing the day at...

Forexpros.com Daily Analysis – 07/01/2010

by forexpros.com | January 7, 2010 10:39 am
Forexpros Daily Analysis Jan 7, 2010 Fundamental Analysis: Nonfarm Payrolls Traders of the USD await the publication of the Nonfarm Payrolls report due out tomorrow.The Nonfarm Payrolls measures the change in the number of employed people during...

GBP/USD 1.5957 – 7 January 2010

by iFOREX.bg | January 7, 2010 9:03 am
GBP/USD Open 1.6019 High 1.6153 Low 1.5945 Close 1.6015Pound/Dollar made a significant downward momentum from the beginning of this week with over 300 pips, forming new short term downward channel on the 15 minutes chart. On Wednesday...

Dollar Anticipate Release of U.S. Unemployment Claims

by Forexyard.com | January 7, 2010 8:55 am
Today, traders should pay close attention to the release of the U.S. Unemployment Claims report. This indicator always produces extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the market following...

Daily Forex Analysis by Finexo.com 07/01/2010

by Finexo.com | January 7, 2010 7:38 am
USD The US Dollar, which had been up most of the session, was trending downward on Wednesday after policy minutes from the Federal Reserve’s meeting showed that the Central Bank is concerned that by easing up on...

EUR/USD 1.4402 – 7 January 2010

by iFOREX.bg | January 7, 2010 6:24 am
UR/USD Open 1.4400 High 1.4483 Low 1.4290 Close 1.4409Euro/Dollar is still trading within the 1.4229 – 1.4484 range. On Wednesday the currency couple dropped down to the 1.4290 bottom, from where it started ascending up to 1.4432,...