Non-Farm Payrolls – Forex Trading Tips
March 4, 2010 3:07 pm by Greg HoldenThe start of each new month brings with it one of the most significant economic reports: Non-Farm Employment Change, also known as Non-Farm Payrolls (NFP). The point here is not to inundate you with information about the NFP report which ...
EUR at 2-Week High as Greece Debt Concerns Ease
March 4, 2010 7:03 am by Natalie R.The EUR was firm on Thursday, as investors encouraged by Greece's fresh austerity measures to reduce its deficit cut some of the record short positions in the single currency. Greece announced plans for a further $6.5 billion in pay cuts ...
Spot Crude Oil Prices Follow the EUR/USD Lower
January 22, 2010 2:25 pm by Russell GlaserSpot crude oil prices were trending higher during the morning hours of the European trading session today. That was despite poor data from the Department of Energy. Driving the prices higher today so far was a weaker dollar.
Risk Appetite Growing; EUR Pares Losses
July 7, 2009 8:47 am by Greg HoldenAfter yesterday morning's short boost to the USD and JPY, as well as Crude Oil's tumble toward $63, we now see a return of risk appetite following the US's manufacturing data release. As of this morning the EUR and GBP ...
ADP Non-Farm Employment Change to Rock Today’s Market!
July 1, 2009 9:17 am by Greg HoldenToday will be an important day for forex traders. Wednesdays typically act as the day with the most trading volume and volatility, and with events such as the US's ADP Non-Farm Employment Change report being released just prior to the ...