Non-Farm Payroll for May The non-farm payroll number came out on Friday, and essentially was right in the middle of all estimates. The United States added 175,000 jobs during the month of May, and of course this was basically in line with the anticipated 167,000 jobs. When you factor in the revisions downward for the […]
Read Some MoreThe Forex markets had an interesting week over the last five sessions, as we saw the Yen lose value yet again. That being the case, it looks like the Bank of Japan should continue to have the upper hand when it comes to the valuation of the currency. As you probably know by now, the […]
Read Some MoreThe Yen takes a beating. Again. The Forex markets sold the Yen off drastically again during the previous week, as the most important level in Forex gave way: The 100 level in the USD/JPY. The area had been supposedly the scene of massive option barriers as the larger players out there will have done anything […]
Read Some MoreThe Forex world will have a lot of headlines during the upcoming week as there are several announcements that can move the markets. The week is a bit back loaded though, as the central banks out of Japan, Europe, and the UK all have statements on Thursday. The Friday session of course has the granddaddy […]
Read Some MoreThe Forex markets had a wild time as the Dollar continued to climb in value for most of the week. This trend was however broken towards the end the of week. During the session on Friday, we saw yet another reversal towards the end of the day. The most volatile pair was the GBP/USD pair, […]
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