FOREXYARD News Center
Our Recession: Weakening Employment Data and Interest Rate Cuts
torsdag, 8 jan 2009
Yesterday's ADP Non-Farm Payroll figure in the U.S. indicated a spike in unemployment that may be much higher than nearly anyone expected. As the U.S. economy abandons some of its previous euphoria about exiting this recession early, Europe prepares itself for a landmark news day. The Bank of England is forecast to cut its Interest Rates by 50 basis points and the Euro-Zone will be welcoming Slovakia to its membership.
| Full article | | | Forex News Archive |
In Depth Currency Analysis
| USD Daily News | EUR Daily News | |
| Bleak Employment Forecasts Weaken USD | Weak USD and Excitement over Slovakia's Membership Push EUR Higher | |
| JPY Daily News | Commodity Daily News | |
| Yen Expecting Small Gains despite Global Economic Weakness | Oil Prices Resume Sliding despite U.S Crude Inventories Report | |
Forex Blog by FOREXYARD
The Market Is Bullish on the Dollar Throughout 2009
torsdag, 8 jan 2009
The USD extended its gains against the EUR before data that may show the jobless rate rose and retail sales declined in the countries sharing the currency. The dollar rose to $1.3569, the lowest level since December 15.
| Full article |
Klokkeslæt: 01/08 18:05 GMT
| Dato | Tidspunkt | $€£¥ | Begivenhed | Per. | Forr. | Prog. | Fakt. | Vigt. |
|---|---|---|---|---|---|---|---|---|
| 01/08 | 17:50 | CAD |  Gov Council Member Duguay Speaks | * | * | * |  | |
| 18:30 | USD | Assist Treasury Sec Kashkari Speaks | * | * | * | | ||
| 19:00 | EUR | ECB President Trichet Speaks | * | * | * |  | ||
| 20:00 | USD | Consumer Credit | m/m | -3.5B | -0.5B | - |  | |
| 01/09 | 05:00 | JPY | Leading Indicators | 85.2% | 81.4% | - | |
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