Forex Crunch Non-Farm Payrolls Preview – High Hopes

Forex Crunch Non-Farm Payrolls Preview – High Hopes


Non-Farm Payrolls Preview – High Hopes

Posted: 05 Jan 2011 02:00 AM PST

2011 begins with the last Non-Farm Payrolls report for 2010, and it will probably be a good one. Here’s what to look out for, and how it will impact currencies. The last Non-Farm Payrolls report, for November, was terrible. Only 39,000 were added, with weakness in all sectors. The expectations were for a much stronger

EUR/USD Dec. 5 – Falling to Lower Range

Posted: 05 Jan 2011 01:13 AM PST

EUR/USD turned around and fell, when the markets returned to full blast after the holidays. A busy day ahead will rock the pair. Will it continue sliding? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar now still high EUR/USD Technicals Asian session:  Quiet session saw the pair sliding to the lower end

Forex Daily Outlook – January 5 2011

Posted: 04 Jan 2011 02:00 PM PST

ADP Non-Farm Employment Change in the US and much more interesting events coming up .Let’s see what awaits us today. In the US, Automatic Data Processing, Inc. (ADP); Non-Farm Employment Change, employed people during the previous month, excluding the farming industry and government is about to rise by 8K. Important leading indicator of consumer spending,

AUD/USD Jan.5 –Aussie Lower Today Against USD

Posted: 04 Jan 2011 12:35 PM PST

AUD/USD is lower today, showing relative weakness after having shown relative strength in recent sessions. The Aussie was the weakest currency of the day. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: Aussie was lower against the US Dollar today trading at 1.0057 at the time of this writing.

Greece Denying a Default – Again

Posted: 04 Jan 2011 11:08 AM PST

The Greek finance minister denied talk about Greece discussing a restructuring of debt with its creditors. This is not the first time. Jamie Coleman reports about this and adds details. Having to deny restructuring / burden sharing / default / not paying debt, so many times, isn’t so hopeful. Too much of “no smoke”, and

Double Trouble For Europe

Posted: 04 Jan 2011 06:12 AM PST

The Euro-zone joins Britain, with inflation above target. According to the initial estimation for December, the annual rate of inflation jumped to 2.2%, above the target inflation of 2% that the ECB holds. Should interest rates inevitably rise to curb inflation, and push the Euro higher? Not so fast… Jean-Claude Trichet, the president of the

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