FOREX-Dollar edges lower vs euro ahead of US payrolls

Source: www.reuters.com

"Traders may be anxious to take... positions ahead of payrolls," said Jessica Hoversen, a fixed-income and forex analyst at MF Global Inc in Chicago. ...See all stories on this topic ยป


Read more...

  • Usd/Jpy comes under renewed pressure

    Usd/Jpy is attracting some selling interest currently, with 98.45 capping this morning’s rally, attention is now turning to the downside. US Yields are little changed from yesterday, a tad lower if anything, but Traders are looking to probe some sell stops located in the 97.75/80 area. Note...

  • USDCAD is testing channel resistance

    USDCAD has reached the upper border of the falling price channel on 4-hour chart, a clear above the channel resistance will indicate that...

  • FOREX VIDEO - London Session Review - October 22, 2009

    Yesterday we enjoyed quite a Piptopia on the British Pound breakout of a Daily trendline to the upside. Sure enough, today was our opportunity in London to short it back down to the trendline retest. Pre-London gave us our first lower high to work with on the GBP/USD, and the 2hr EUR/GBP started...

  • FOREX VIDEO - London Session Review - July 31 2009

    Just as we opened the London session today, we immediately found ourselves in a beautiful price trap on the GBP/JPY on a 15m/hourly basis. This trap had a very precise bottom at 157.29, which just so happened to be overlapping our new hourly 21ema, and happening exactly at the London open. Also we...

  • June 10, 2009

    Hello all, Much quieter today after having the setups we had been waiting for to get some additional positions into the current movements came to be. All those trades have either profited or the stop losses are set to break even. 4 Hour: 12:00 GMT: USD/JPY buy ZLC Watching: EUR/USD for a buy...