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Bad Payroll Data

... us, traders are focusing their attention in today’s data which may determine the market outlook for now. After yesterdays 50 pbs ... Today the main event investors are anticipating is the payroll data and the forecast is for a negative number of -200.000. ...

forum topic - azka - 2008-12-04 03:29 - 0 comments

Could Dollar Weaken in December?

... do in the next meeting. The fact that all recent European data are contracting, is making euro bulls think twice about buying the single ... through before we go buying the greenback! Last Friday’s payroll data showed how deep the recession is and that FED might cut its rates ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

Dollar, yen near week's peaks as caution lingers

... levels this week on Thursday after bleak U.S. retail sales data rekindled worries about the economy, prompting investors to reduce bets on riskier assets. Wednesday's data showed sales at U.S. retailers fell for a second straight month in April, ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

Forex Weekly Analysis - January 26-30 2009

... The upcoming week in forex trading features a return of data from the US. The two major events are a new interest rate on Wednesday ... in the focus, expected to drop by 53 points. American data this day consists of the CB Consumer Confidence, expected at a low of ...

forum topic - azka - 2009-01-25 19:28 - 0 comments

Euro and Pound Rally -To be Continued?

... and that depends solely on the next set of economic data and if 1.40 hold for now. A clear break of the later level may put the ... will be, especially with high unemployment and negative payroll numbers hitting the economy daily. Later on in the week, traders ...

forum topic - azka - 2009-01-28 13:21 - 0 comments

British Pound, Euro and Swiss Franc All Dive Nearly 2%

... since 1983, which suggests that Friday's employment data could be very disappointing. In fact, non-farm payrolls - one of the most ... day. Canadian Dollar Awaits Friday’s Employment Data, Could Extend Commodity Dollar Declines Carry trades took a hit on ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

Dollar Correction or Something Deeper?

... to! All market participants, have ignored today’s data as eyes and ears now are all turned to FED and its new decision to buy ... to follow, traders sell the dollar aggressively when bad data keeps confirming their worst fears-that US economy is going down and maybe ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

Obama Sees ‘Glimmers of Hope’ of Improving Economy

... “Small businesses are starting to get money” for payroll and operating expenses, Obama said. Money is beginning to flow to ...

forum topic - azka - 2009-04-11 23:07 - 0 comments

Euro range bound still, Sterling not as strong this week

... of EURUSD below 1.23 but it has not occurred. Economic data out of Europe does not yet denote the drastic weakness we see in the US. ... Capital markets endured a brutal Monday. Manufacturing data out of China, the UK and US were much worse than anticipated. A shaken US ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

Obama Aftermath Fails to Raise Confidence…

... releases from the US today, however we has some important data out of the UK. The unemployment figures were a top headline today; as they ... bps cut! The pound continues to fall on the back of the data and further words by Mr. King that the bank is ready to tackle the ...

forum topic - azka - 2009-01-21 23:36 - 0 comments

EUR/USD - getting that uneasy feeling

... in this letter a couple of weeks back, the previous two data points historically that likely mimic the current situation suggest a ... looking at the charts rather than relying on historical data to forecast what may happen. Under this scenario, one would have to ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

Recovery Optimism on Asian Markets Rise

... which the economy lost more than 700K jobs. Overall, the data coming from the labor market is very weak, both in the U.S. and in the ...

forum topic - azka - 2009-04-02 09:07 - 0 comments

FOREX Euro hits 1 month low vs dollar on ECB uncertainty

... stock markets and signs of a pickup reflected in economic data late last week supported demand for riskier assets. But investors ...

forum topic - azka - 2009-04-21 06:03 - 0 comments

Pound Signals Further Losses Ahead…

... for the next two days which we have plenty of economic data out of US and Europe and on Friday a conference in which both Trichet and ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

The Truth About Fibonacci Trading

... proportions of things in the universe, including price data. The ratios arise from the following number series: 1, 2, 3, 5, 8, 13, 21, ...

forum topic - azka - 2009-03-26 03:04 - 0 comments