Dollar down before employment data releases |
|
The dollar weakened on Friday against a basket of major currencies ahead of important data releases in the States. A government report is expected to show that the current financial crisis has helped create the highest unemployment in over five years. Despite the approval of the $700 billion bailout package by the U.S Senate, there is still uncertainty as to whether the House of Representatives will reach the same decision. Sentiment is growing that the U.S economy will continue to suffer,
Filed under: Technical
Latest Posts
- Non Farm Payrolls numbers
- China still committed to stable CNY
- Asia Session
- Major economic releases today include US Nonfarm Payrolls and the US Unemployment Rate
- Usd/Jpy levels for today
- BoE and ECB: Will they Under or Over Deliver?
- Currency Technical Report
- Japan CAPEX highlights ongoing weakness in capital spending
- The US dollar traded stronger against a basket of currencies after the ECB
- One more trick before payrolls
- Gbp/Usd for the rest of the day
- Asian Session: Asian Stocks rise on further commodity weakness – markets eye NFP’s today
- Update on global housing market
- Guidelines For a Market Bottom
- Usd/Chf update