Nonfarm Payrolls

Yesterday the greenback saw mixed results against most of its currency rivals. The USD fell to a two-month low against the EUR after the ADP reported that NonFarm Employment in the US will fall hard in June. The EUR/USD pair rose just above 60 points yesterday ending the trading day at 1.5859. Versus the JPY […]

The greenback had a tough trading session last week, which was capped off by a huge bearish slip on Friday. Sparked by a batch of mediocre US data and positive EUR news, the USD saw losses throughout the week that saw a return to exchange rates it had during the height of the credit crisis, […]

The Greenback experienced a mixed day in the trading market, seeing early day gains against major currencies like the JPY and CHF, and losses against the EUR and GBP. The oft traded EUR/USD cross saw a 200+ pip gain yesterday, on the heels of an apparent change in the outlook of Euro interest rates as […]

The USD has rebounded over last few days leading up to today’s Non-Farm Payrolls report. Fed Chairman Bernanke said on Wednesday that the U.S. economy may fall into recession in the first half of 2008, although he was less pessimistic than expected, which led investors to scale down expectations for aggressive monetary easing. Interest Rate […]

The US Dollar traded with mixed results yesterday as another day of economic data left a cloud over the straining US economy. Today we look ahead to critical US data, namely Non-Farm Payroll, which should map the direction the dollar will take after a week of important economic data. After the 50bp rate cut from […]

The USD was up against the EUR and held steady against its other European rivals early Thursday in New York as the Bank of England cut interest rates. The BoE’s Monetary Policy Committee cut its key interest rate to 5.5% from 5.75% yesterday, the first cut in 2 years, as evidences mounted that the economy […]

SAN FRANCISCO (Dollar Drops) — First Solar Inc. [s:FSLR] said late Friday it acquired commercial solar project designer Turner Renewable Energy LLC for about $34.3 million in stock and cash. Turner, so named in January 2007 when Ted Turner invested in the company, will operate as a unit of First Solar under the name First […]

Yesterday we could attending that the U.S. note was downbound against most of the another field currencies. The continuing way of the discourtesy of the US chick ease seems to be rattling brawny and as is forecasted by some traders, this advise should go such further. The US mart sufferd yesterday from added turbulences in […]