Archive for the 'ADP' Category

ADP Nonfarm Payrolls on Tap

Wednesday, July 30th, 2008

Yesterday was an amazing trading day for the USD. The USD saw bullish trends against all its currency counterparts. The increase in the greenback’s value was most notable against the EUR as the cross feel from above 1.57 to under 1.56 and against the GBP as the cross fell from the midd 1.99’s to under […]

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ADP Nonfarm Employment Change Is Due Today.

Wednesday, June 4th, 2008

Yesterday the USD saw bullish momentum against all of its currency pairs. The USD’s value was boosted by Fed Chairman, Bernake’s hawkish speech and the better than expected Factory Orders, which were released at 1.1% compared with the 0% forecast. Against the EUR, the USD’s positive trend caused the pair to cross the 1.5500 range […]

Posted in Nonfarm, ADP, currency trading, forex, Daily Forex Analysis | No Comments »