Market Reviews from FXCC – Daily reviews of all the news from the world of Currencies and Forex Precious Metals
Remember April 6, 2012 is a holiday and most markets are closed. The US will release the Non Farms Payroll report on Friday. Many markets are closed on Monday also. Trading volume will be light today and on Monday. Euro Dollar USD- U.S. Non-Farm Payrolls and Employment Situation, the main indicator of U.S. economic health […]
Market Review April 5 2012 Read More »
Euro Dollar The euro is plunging after FOMC minutes showed that the Fed is not motivated at this time for any bond program or QE. The euro is trading for 1.323 down 0.68% in just a few minutes. Coming up in tomorrow’s US session: [unordered_list style=”green-dot”] U.S. Treasury Secretary Timothy Geithner (January 2009 – January
Market Review April 4 2012 Read More »
Euro Dollar Today, the calendar is thin. In Europe, the Spanish Parliament will discuss the new 2012 budget. This might cause some euro negative headlines and analysis on the country. However, the situation of Spain is already well documented. So, the impact on EUR/USD trading might be limited. In the US, the factory orders will
Market Review April 3 2012 Read More »
Forex Markets The Chinese official manufacturing Purchasing Managers’ Index (PMI), which was released Sunday for March reached 53.1 on a 100-point scale, up from 51 for February, according to China Federation of Logistics and Purchasing. The March reading in the official report was the fourth consecutive monthly increase. A final report from HSBC and Markit
Market Review April 2 2012 Read More »
