Dollar Advances Prior to Jobs Report
January 6, 2011 9:35 pm by Russell GlaserThe US dollar continued to rise against the majors with sharp gains being booked against the euro as traders position themselves for tomorrow’s non-farm payrolls report. A stronger dollar also fed into losses for crude oil.
Disappointing Jobs Report Boosts Gold Prices
December 3, 2010 6:41 pm by Russell GlaserThe New York trading session began with a jobs report that had high expectations but failed to live up to the hype. Following the report the euro continued its move higher and the price of gold surged.
Euro Recovers on Irish and EU/IMF Talks
November 18, 2010 9:01 am by Natalie R.Slight optimism is apparent in the markets this morning as European Union and International Monetary Fund officials travel to Dublin to discuss a possible aid package for the nation’s troubled banking sector. The Irish debt crisis is expected to be ...
USD May Fall After Unemployment Claims Today
October 28, 2010 9:25 am by Dan EduardForex traders will likely see another volatile trading day today, as a number of significant events are set to shake up the market. Large gains by the UK pound and US dollar in recent days will be tested, as ...
FX Winners and Losers from Today’s Non-Farm Payrolls Report
October 8, 2010 6:33 pm by Russell GlaserFollowing the release of a worse than expected US jobs report that showed the economy dropped 95,000 jobs in the previous month there were players that fared well, such as the euro, and others that fared not so well such ...
Employment Data Does Not Bode Well For USD
October 7, 2010 4:01 pm by Dan EduardThe US employment situation continues to defy expectations. Traders will likely remember the ADP Non-Farm figure that came in much worse than predicted on Wednesday. The poor employment data was one of the leading reasons the USD tumbled ...
Dollar Will Attempt to Reverse Losses Today
September 30, 2010 10:29 am by Anton EljwizatThe EUR experienced one of its most bullish trading days in recent weeks on Wednesday. The EUR made significant gains against many of its most traded currency pairs, including the USD and JPY.
Non-Farm Payrolls to Highlight Today’s Trading
September 3, 2010 9:20 am by Natalie R.Central banks and investors around the world are worried about the outlook for the U.S. economy. Whether these fears are accurate or misplaced will hinge on tomorrow's non-farm payrolls report. The outcome of the NFP release is important because it ...
Dollar Under Pressure Ahead of Jobless Claims
August 26, 2010 3:22 pm by Natalie R.The U.S. dollar slipped against its major rivals in trading Thursday against most major currencies as Asian and European stocks advanced, damping demand for the currency as a safe haven. The greenback however pared its recent losses against the Japanese ...
Forex News: Will GBP Gain on Slowing Retail Sales Growth?
August 19, 2010 7:31 am by Dan EduardFollowing yesterday's gains made by the US dollar against its main currency rivals, today may provide the greenback with another opportunity to extend its bullish trend.
