Jobless Claims Data Raise Level of Concern
Thursday, February 4th, 2010 Posted in Forex News | No Comments »Jobless Claims Data Raise Level of Concern Initial jobless claims rose 8,000 to 480,000 for the week ended January 30. The four-week moving average is up a little over 20,000 in a span of two weeks (468,650 vs. 447,000 for ...
Dollar Surges on Soft Jobs
Thursday, February 4th, 2010 Posted in Forex News | No Comments »2/4/2010 2:20 PM: EUR/$..1.3757 $/JPY..89.08 GBP/$..1.5766 $/CHF..1.0649 AUD/$..0.8670 $/CAD..1.0714 Dollar Surges on Soft Jobs The dollar advanced sharply in the Thursday session, climbing to its highest level since May 2009 against the euro at 1.3728 and surging against the Canadian ...
U.S. Forex Market Commentary
Thursday, February 4th, 2010 Posted in Forex News | No Comments »EURO The euro depreciated sharply vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3725 level and was capped around the $1.3900 figure. Several factors contributed to common currency’s weakness and the dollar’s strength. First, ...