The USD rose sharp on Thursday after government data showed signs of resilience in the labor market |
|
Good morning from Hamburg. Yesterday the dollar was pushed by the US labor data while the EUR came under pressure by bad German IFO Export data. Markets review The USD rose sharp on Thursday after government data showed signs of resilience in the labor market, while a key confidence measure in Germany plunged, weighing on the European currency. The EUR fold 1,3% to the low of 1,5639 which was the worst performance since nearly four years. However the USD rose 1,1% against the basket of six
Filed under: Technical
Latest Posts
- Sentiment remains EUR/USD supportive
- Czech bond yields at all time lows
- EUR/GBP, USD/CAD, GBP/JPY Technicals
- US: Initial claims continued to trend down last week
- long nzdusd
- EUR/USD Strategy: SHORT 1 at 1.3175, Obj: 1.2375, Stop: 1.3015
- Eurodollar Future – December 2010
- Strategy for today: Short USD/JPY and USD/CHF
- Traders Await US Jobs Data
- The correction yesterday started in the European session
- Forex Technical Analysis on Majors
- Technical Summary for Majors
- Market Comment
- Daily Forex Overview
- USDJPY low trading range continues
No Comments! Be The First!