EUR/USD is dipping below the double bottom to new 2012 lows. GBP/USD is at a new 12 month + low, USD/CAD is at a new peak. This is another wave of NFP reactions. The US reported a gain of 321K jobs. In addition, wages are finally on the rise. The report stunned markets as it has been the best since January 2012 and way above consensus at 231K. Update: this fresh wave halts as US factory orders disappoint with a fall of 0.7%. So, here is what we have: EUR/USD bottomed out at 1.2270. This is the lowest since 2012. GBP/USD fell below 1.56 and hit a low of 1.5569. USD/JPY is above 121.50 and hit 121.67. It’s basically new day, new record. These are the highest levels since 2007. AUD/USD fell to 0.8319. This is the lowest since 2010. USD/CAD hit 1.1475 – a new high since 2009. NZD/USD is lower, but holding above 0.77. As aforementioned, the dollar’s momentum stopped after the lousy factory orders. In our latest podcast, we preview December’s big events, talk about the importance of jobless claims, the crash in oil prices and GOFO going negative: Download it directly here. Subscribe to our podcast on iTunes. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Forex Weekly Outlook Dec. 8-12 Anat Dror 8 years EUR/USD is dipping below the double bottom to new 2012 lows. GBP/USD is at a new 12 month + low, USD/CAD is at a new peak. This is another wave of NFP reactions. The US reported a gain of 321K jobs. In addition, wages are finally on the rise. The report stunned markets as it has been the best since January 2012 and way above consensus at 231K. Update: this fresh wave halts as US factory orders disappoint with a fall of 0.7%. So, here is what we have: EUR/USD bottomed out at 1.2270. This is the lowest since 2012.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
