Thursday,
02 September 2010,
07:11 GMT
Riskier Currencies Mute Gains in Overnight Trading
Currencies like the euro and UK pound muted gains made yesterday as
investors appear to be waiting on a batch of economic data set to be
released later today. Signs that the global economic recovery is
speeding up may be reinforced today as the UK, euro zone and US are all
forecasted to release significant news.
Wednesday,
01 September 2010,
07:18 GMT
ADP Non-Farm Employment Change on Tap
After the U.S. dollar corrected some of its gains yesterday, a new
trading day, packed with significant economic publications is ahead.
Most attention should be given to the U.S. ADP Non-Farm Employment
Change, which attempts to estimate Friday's release of Non-Farm
Payrolls.
Tuesday,
31 August 2010,
08:47 GMT
Yen Continues to Strengthen
The Japanese yen made another bullish move against the majors as the
steps taken by the Bank of Japan to weaken the yen only served to
increase traders' resolve to increase bullish bets on the Japanese
currency.
Monday,
30 August 2010,
13:45 GMT
NFP Week Gives Prospects for Trend Reversals in Forex Market
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly be made clearer. Today's report on US personal spending at 12:30 GMT may provide a glimpse into other growth prospects before this week's more important data releases get published.
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