Last Friday, the euro /dollar rose on American session to a mark 1.4435, which is 200 points higher than the daily minimum. Rate pound /dollar after rising to 1.6110 declined and fluctuated near the mark of 1.6020. Pair dollar /yen has fallen more than 100 points to the level of 92.26. Cross-rate euro /yen has grown on American session to a mark of 133.50, up almost 110 points higher than the daily minimum.
The experts noted that the survey data of the labor market in the United States had a negative impact on the U.S. dollar. Market participants disappointed quite a significant reduction in the number of jobs compared with the previous value.
Last Friday, the Dow Jones New York Stock Exchange rose 11.33 points (0.11%). The Nasdaq rose 17.12 points (0.74%). Index SP 500 rose 3.29 points points (0.29%).
Last Friday, the index of the Frankfurt Stock Exchange Xetra DAX rose 18.25 points (0.30%). London FTSE 100 index rose 7.52 points (0.14%). Bloomberg European 500 Index rose to 0.84 points (0.46%).
Nonfarm payrolls in the U.S. for December 2009 amounted to-85K (the forecast was-5K, the previous value revised to-11K to 4K).
Unemployment rate in the U.S. for December 2009 was 10.0% (forecast was 10.0%, the previous value of 10.0%).
Wholesale inventories (an index of stock in the warehouses of wholesale trade) in the U.S. for November 2009 amounted to 1.5% (forecast was -0.3%, the previous value revised from 0.3% to 0.6%).
Consumer credit in the United States billions of dollars for November 2009 amounted to -17.5 (forecast was -5.7, the previous value revised by -3.5 to -4.2).
Today - a day off in Japan (Day celebration of majority), the financial markets in the country were closed.
Today in Asia, the main driver of the market remained the Japanese yen, which is significantly correlated with the dynamics of the stock market. Index of the Hong Kong Stock Exchange, Hang Seng rising to 304.64 points (1.37%). Index Singapore Straits Times is growing at 17.03 points (0.58%). Code SP /ASX 200 rising to 38.60 points (0.79%).
Today in Asia, the euro /dollar fluctuated near the 1.4515 mark. Rate pound /dollar traded near a mark 1.6100. Pair dollar /yen is adjusted down and traded slightly above the level of 92.20. Gold opened with a gap up and traded near U.S. $ 1.154.40 per troy ounce.
Today the head of the FBI in St. Louis, Mr. James Bullar said in a speech prepared for the utterance in Shanghai, that although the rate of reduction of employment has slowed, it still expects positive growth in 2010. Housing markets and consumption has stabilized, and among the forces behind the restoration of U.S. economic growth - higher than forecasts, particularly in Asia. This had a significant pressure on the dollar.
start of the European session, failed to make the adjustment in the dynamics of the currency market. Forex market closely followed the dynamics of the stock market, and for overlooking the macroeconomic statistics.
EUR /USD (5 /10 - trend upwards): Today analysts” forecasts - up for auction in Rendžov: 1.4470-1.4550. Today, expect short-term correction of the market up. It is therefore possible short-term trade on impulse buying below the 1.4470, T /R = 1.4550, S /L = 1.4440. Actively move the foot, fixing the profit.
GBP /USD (5 /10 - Trend Neutral):
For short-term players better be in buying. Actively move the foot, fixing the profit.
USD /CHF (5 /10 - trend is down):
Today is better to be out of the market.
actively move the foot behind the market, protecting profits.
USD /JPY (5 /10 trend sideways):
now trading inside the corridor 91.80-92.70: better to be a small purchase with a full-time lows.
actively move the foot behind the market, protecting profits.
Traders expected the U.S. economy too much, the dollar declines
Forex: euro strengthens, the dollar crippled weak data in terms of employment
During the Asian trading session today is dominated by purchases
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