Forex Market Update

Strong US data sees split market reaction The US economy supposedly added jobs at a furious rate in December – particularly according to the record job additions seen in the household survey. The kneejerk reaction in the USD was somewhat bifurcated. Fri, 03 Feb 2012 15:40:04 Z
Pivotal payrolls day for USD majors Several of the major USD pairs are at pivotal levels ahead of the US employment report and ISM non-manufacturing survey. The outcome of these key reports could be decisive as major USD pairs are at interesting pivot levels. Fri, 03 Feb 2012 10:32:33 Z
Asian markets steady ahead of today's US non-farm payrolls Asian markets were in limbo ahead of today's key US non-farm payrolls report. Service sector PMIs out of China were not quite as buoyant as the manufacturing side, lending a slight negative bias to trading. Fri, 03 Feb 2012 05:50:50 Z
Treading water until tomorrow’s important US data Markets were zigging and zagging today as EU news tilted to the negative side. We saw a strong US weekly jobless claims report, but tomorrow’s US employment report and ISM non-manufacturing are the next key event risks. Thu, 02 Feb 2012 15:09:10 Z
Asia extends risk rally after Aus trade data beats forecasts Having seen the smart turnaround in risk appetite during the European session, Asia was given further incentive to extend the rally Thursday with signs that Australia’s export economy continues to grow. Thu, 02 Feb 2012 05:15:33 Z

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