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EUR/USD Feb 3. – Edging Higher Before the NFP

Yohay — Fri, 03 Feb 2012 11:00:27 +0000

Euro dollar is ticking up above minor resistance and in a narrow range. All eyes are now on the US Non-Farm Payrolls, which hold high expectations but could disappoint. A deal in Greece is still awaited but some optimists are already moving to the pessimists camp. How will the pair end this tense week?

Here’s an update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook February 3 2012

anat — Thu, 02 Feb 2012 22:00:14 +0000

We summarize this week Unemployment Rate in the UK and Services PMI in the US are the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Unemployment Rate, measures total work unemployed force (by percentage) that looking for jobs during the last month.

Read the rest of the article Forex Daily Outlook February 3 2012

Forex Daily Outlook January 6 2012

anat — Thu, 05 Jan 2012 22:00:41 +0000

We summarize this week Non-Farm Employment Change in the US and Halifax HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Unemployment Rate, monthly report to value the all work force by percentage that is looking for jobs over the past month, rise is forecasted up by 0.1% from December up to 8.7%.

Read the rest of the article Forex Daily Outlook January 6 2012

Forex Daily Outlook December 2 2011

anat — Thu, 01 Dec 2011 22:00:51 +0000

We summarize this week Non-Farm Employment Change in the US and Construction PMI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Unemployment Rate, monthly percentage indictor to value the jobless that are looking for jobs on the past month, about to remain 0.9%.

Read the rest of the article Forex Daily Outlook December 2 2011

Employment Data Mixed – Choppy Trading Triggered

Yohay — Fri, 04 Nov 2011 12:32:37 +0000

The number of US Non-Farm Payrolls rose by 80K in October. This is below official expectations of a gain of around 100K. On the other hand, the unemployment rate edged down from 9.1% to 9%. These figures are not a huge surprise and offset each other. Figures for August and September were revised to the upside though.

The dollar reacts with an initial drop against the risk currencies such as the euro. EUR/USD was trading just under resistance at 1.3838, after an earlier attempt to break higher failed. Another move higher followed the publication but was quickly erased. Reaction is mixed as well, but the dollar edges lower.

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EUR/USD Nov. 4 – Calm Between Storms

Yohay — Fri, 04 Nov 2011 09:48:11 +0000

Euro dollar is trading in a narrow range under important resistance, which it is trying to break, but very cautiously. The confidence vote in Greece and the Non-Farm Payrolls are awaited and will provide a strong ending to a very tense week. Will the pair manage to recover? Or is a downfall coming?

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

Read the rest of the article EUR/USD Nov. 4 – Calm Between Storms

Forex Daily Outlook November 4 2011

anat — Thu, 03 Nov 2011 22:00:30 +0000

We end this week with some interesting updated, Unemployment Rate in the US and Building Permits in Canada as the major events this day. Here is an outlook on the market-movers awaiting us.

G20 Meetings (Day 2), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact the cash markets.

Read the rest of the article Forex Daily Outlook November 4 2011

EUR/USD Oct. 7 – Well Positioned Before the Non-Farm Payrolls

Yohay — Fri, 07 Oct 2011 08:59:29 +0000

Euro dollar is trading very steadily on high ground after Trichet didn’t provide any big surprises. The bank recapitalization talk continues to help the euro, just before the US gets some attention with the all important Non-Farm Payrolls. How will the pair close the week?

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

Read the rest of the article EUR/USD Oct. 7 – Well Positioned Before the Non-Farm Payrolls

Forex Daily Outlook – October 7 2011

anat — Thu, 06 Oct 2011 21:00:21 +0000

Non-Farm Employment Change in the US and Halifax HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Unemployment Rate, important monthly measurement to rate the all work force by Percentage that are looking for employment, 9.1% is forecasted similar to the previous time.

Read the rest of the article Forex Daily Outlook – October 7 2011

EUR/USD Sep. 2 – Clinging To Low Support Ahead of NFP

Yohay — Fri, 02 Sep 2011 09:01:45 +0000

Euro dollar is currently clinging to low support after the downfall. The suspension of the EU / IMF mission to Greece as well as the lower chances of QE3 in the US weigh on the pair, before the monthly circus of Non-Farm Payrolls.

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

Read the rest of the article EUR/USD Sep. 2 – Clinging To Low Support Ahead of NFP