|
LATEST FOREX NEWS
 |
Weekly Economic and Financial Commentary : 05/02/2012
Posted by Vincent in Fundamental analysis - Weekly Economic and Financial Commentary : 05/02/2012Weekly Economic and Financial Commentary : 05/02/2012U.S. ReviewOff to a Good Start for the Year The employment report for January showed that 243,000 jobs were added with the unemployment... Sun Feb 5,2012 11:58 GMT |
| |
Better Data Drives Risk On, Fed QE3 Off
Posted by Vincent in Fundamental analysis - Better Data Drives Risk On, Fed QE3 OffThe Week AheadHighlights Better data drives risk on, Fed QE3 off Still waiting on a Greek debt deal Central banks' decisions on tap Sat Feb 4,2012 12:49 GMT |
| |
Dollar up versus yen on U.S. jobs data, holds steady versus euro
Posted by Bruno in Articles - News - Dollar up versus yen on U.S. jobs data, holds steady versus euroRobust U.S. jobs data spurred investors to buy the U.S. dollar and sell yen on Friday with the rosier economic report curtailing some expectations the U.S. Federal Reserve will hold off raising interest rates until 2014.The strong jobs data diminished the greenback's safe haven status as investors. Sat Feb 4,2012 00:14 GMT |
| |
Weekly Forex Spot Contests - 01/30/2012 to 02/03/2012
Posted by Vincent in Forex-Tribe Spot Contests - Weekly Forex Spot Contests - 01/30/2012 to 02/03/2012Winners of the Weekly Forex Spot Contest - 01/30/2012 to 02/03/2012 : Fri Feb 3,2012 22:36 GMT |
| |
Dollar Wobbles Despite Boffo U.S. Jobs Report
The dollar wavered versus the euro on Friday, as traders were uncertain about how to treat a surprisingly strong U.S. jobs report. The risky euro was bid up amid hopes for a global recovery, but the dollar quickly rallied on expectations that the Federal Reserve can no longer consider a third round of quantitative easing. In the end, the dollar settled near $1.3150 versus the euro, little change Fri Feb 3,2012 20:13 GMT |
| |
U.S. Factory Orders Rise 1.1% In December, Less Than Expected
While figures released by the Commerce Department on Friday showed a notable increase in new orders for manufactured goods in the month of December, the pace of growth fell short of economist estimates. The report showed that factory orders rose by 1.1 percent in December following an upwardly revised 2.2 percent increase in November. Economists had expected orders to increase by 1.5 percent comp Fri Feb 3,2012 17:59 GMT |
| |
U.S. Service Index Jumps To Eleven-Month High In January
Activity in the U.S. service sector expanded at a faster than expected rate in the month of January, according to a report released by the Institute for Supply Management on Friday, with the index of activity in the sector rising to an eleven-month high. The ISM said its non-manufacturing index rose to 56.8 in January from a revised 53.0 in December, with a reading above 50 indicating growth in t Fri Feb 3,2012 17:48 GMT |
| |
U.S. Unemployment Rate Unexpectedly Drops To 8.3% In January
The U.S. economy added far more jobs than were expected in the month of January, according to new government statistics released Friday, with the job growth unexpectedly pushing the unemployment rate down to its lowest level in almost 3 years. The Labor Department report showed that the non-farm payroll employment jumped by 243,000 jobs in January following a revised increase of 203,000 jobs in D Fri Feb 3,2012 17:36 GMT |
| |
U.S. Factory Orders Rise Less Than Expected In December
While figures released by the Commerce Department on Friday showed a notable increase in new orders for manufactured goods in the month of December, the pace of growth fell short of economist Fri Feb 3,2012 17:17 GMT |
| |
Strong jobs report pushes Nasdaq to 11-year high
Posted by Bruno in Articles - News - Strong jobs report pushes Nasdaq to 11-year highStocks rose on Friday, propelling the Nasdaq index to an 11-year high, after January's U.S. employment report sailed past expectations, boosting hopes the world's largest economy has turned a corner.The broad-based gains also sent the Dow Jones industrial average to its highest in nearly five years. The... Fri Feb 3,2012 17:11 GMT |
| |
ISM U.S. Service Index Rises More Than Expected In January
Activity in the U.S. service sector expanded at a faster than expected rate in the month of January, according to a report released by the Institute for Supply Management on Friday, with the Fri Feb 3,2012 17:11 GMT |
| |
Euro Slides On Robust U.S. Jobs Growth
The euro fell versus the dollar Friday morning, after an unexpectedly strong U.S. jobs report showed American employers added 243,000 workers in January, following an upwardly revised 157,000 additional jobs created in December. Payrolls rose at the fastest pace since April 2011, driving the unemployment rate down to 8.3 percent from 8.5 percent. The January jobless rate was the lowest in two ye Fri Feb 3,2012 15:42 GMT |
| |
Canadian Unemployment Rate Up To 7.6%
Canada's unemployment rate unexpectedly edged higher in January, as employers added to payrolls at a slower pace the labor force grew, according to official data released Friday. The Fri Feb 3,2012 15:24 GMT |
| |
Philippine Central Bank Lowers Reserve Ratio
The Philippine central bank said Friday that it approved three adjustments to reserve requirement policy, including a three percentage point reduction in reserve requirement ratio. The Fri Feb 3,2012 14:44 GMT |
| |
Treasury prices plunge as employment data improves
Posted by Bruno in Articles - News - Treasury prices plunge as employment data improvesU.S. Treasuries prices plunged after data showed the U.S. economy created jobs at the fastest pace in nine months in January.Employers added 243,000 jobs in the month, the most since April, and the unemployment rate dropped to a near three-year low of 8.3 percent."It's an... Fri Feb 3,2012 14:14 GMT |
| |
U.K. Service Sector Expands Most Since March 2011
Fri Feb 3,2012 12:40 GMT |
| |
Italian Inflation Eases More Than Expected In January
Italy's annual inflation, measured under the EU methodology, slowed more than economists expected in January, data released by statistical office Istat showed Friday. The harmonized index Fri Feb 3,2012 12:25 GMT |
| |
Euro rebounds before jobs report, yet heading for a weekly drop
Posted by Bruno in Articles - News - Euro rebounds before jobs report, yet heading for a weekly dropThe euro rose against the U.S. dollar on Friday trading, yet probably heading for a weekly decline, on expectations U.S. jobs report will show rise in non-farm payrolls, thereby enhancing risk taking.The main highlight of the day will be the awaited non-farm payrolls report from the U.S. due at... Fri Feb 3,2012 11:43 GMT |
| |
UK Services PMI Rises Unexpectedly In January
UK service sector activity expanded at the strongest pace in ten months in January, confounding economists' expectation for a slowdown, the latest survey by Markit Economics and Chartered Fri Feb 3,2012 11:36 GMT |
| |
German Jan. Private Sector Expands Less Than Estimated
Germany's private sector output expanded in January at the fastest pace since June 2011, but the increase was slightly weaker than the flash estimate, final data from Markit Economics showed Fri Feb 3,2012 11:06 GMT |
