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 today.
Australia May employment -1700 s/adj, much better than expected
Source: www.forexlive.com
Read more...
Bank of England Holds Rate at 0.50%, APP at 275B
The Bank of England (BoE) kept the Bank Rate at a record low stimulatory level of 0.50%, and kept its Asset Purchase Program...
What’s In The News: February 17, 2012
This is what’s in the news for Friday February 17, 2012. The Wall Street Journal reports despite having to unload assets worldwide, most...
Fed Governor Tarullo singing familiar song
New Fed governor Tarullo says data suggests the economy is near a bottom and that growth will resume later this year. The recovery will be painfully slow though, he says and unemployment will continue to rise. Sounds familiar, no? EUR/USD has probed back above 1.3900 following in the heels of...
FOREX VIDEO - London Session Review - August 28, 2009
Today the EUR/GBP and GBP/CHF 2hr macd divergence we have seen for over a week finally was followed up by some lower highs on the EUR/GBP and higher lows on GBP/CHF. Hinting Strongly at minimum of a 21 ema pullback on these long term charts was about to occur. This meant essentially we had...
Dukascopy Morning Forex Overview - Oct 6 2009
Previous session overview The dollar fell against the yen and euro in Asia Tuesday as Asian hedge funds and other short-term players sold the U.S. unit after a report said that Gulf States are planning to stop using the dollar for oil dealing. The U.K’s Independent newspaper reported on its...