Forex Crunch Forex Weekly Outlook –March 7-11

Forex Crunch Forex Weekly Outlook –March 7-11

Forex Weekly Outlook –March 7-11

Posted: 05 Mar 2011 01:00 AM PST

Rate Decisions in New Zealand and the U.K. Employment data in U.S., Canada and Australia, US Prelim UoM Consumer Sentiment and many more await us this week. Here is an outlook on the Market movers ahead. US labor market is continuing to strengthen in light of last week’s ADP estimate. Companies produced 217,000 new jobs

Forex Links for the Weekend – March 5

Posted: 04 Mar 2011 02:00 PM PST

After a very busy and volatile week that ended with the Non-Farm Payrolls, the markets are now closed. For the weekend, here are some interesting forex-related reads that focus on the big picture. Enjoy! Larry Greenberg analyzes the spread between the American and European PMIs – an important factor for the EUR/USD. Lior Cohen looks

America Hires – Dollar Hesitant

Posted: 04 Mar 2011 05:32 AM PST

Non-Farm Payrolls rose by 192K, quite in line with expectations. Yet again, we got a nice surprise from the unemployment rate, that fell to 8.9%. The initial reaction is a small retreat of the dollar – EUR/USD passed 1.40 but fell below it. The final direction may change later. The real unemployment rate, which also
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