FOREX-Dollar posts sharp gains after US jobs report

Source: www.reuters.com

By Gertrude Chavez-Dreyfuss NEW YORK, June 5 (Reuters) - The dollar rallied on Friday, on track for its largest weekly gain in nearly two months against a ...

See all stories on this topic


Read more...

  • GBP/USD intraday seasonality overview, 2003-2010

    This GBP/USD report continues a new series of reports about intra-day "seasonality" effects in FX, gathering facts on the ground for an upgrade of the hour-scale algorithmic forecasting system. From the point of view of this approach and the features it reveals, GBP/USD is somewhat similar to...

  • EUR/JPY technicals: scope to fall to 130.60

    Price has now fallen below the short term moving averages and many model players will now await a negative cross. The breakdown level was 135.80 and that should now prove to be a good short-term resistance level. Next support can be found at a series of former highs around 133.30. The target for...

  • Speculation over early Tarp repayment boosting risk sentiment

    It is always interesting to see which story grabs the markets attention in early New York trading and with the market in recent weeks in optimistic mode, maybe it should come as no surprise that the news that the US Treasury is hoping that ten banks can repay their Tarp funds early, is adding to...

  • Australia May employment -1700 s/adj, much better than expected

    Australia employment -1700 jobs, much better than the forecast of -30,000. The unemployment rate for May 5.7%, as expected. AUDUSD jumps immediately from 8045 to 8080. The jobs number is much much better than expected and should act as support for AUD...

  • Forex: EUR/AUD lowers to 1.6296

    The EUR/AUD eased from threatening 1.64 to steadily lose ground to remain at 1.6296. The mood has been bearish for the pair in keeping with the monthly trend. However, while there is a down bias for the pair, the Aussie is set to firm as interest rates are set to rise by at least 25 basis points...