ADP Report Tempers Optimism For Non-Farm Payrolls

10/01/09 by Daily Forex Snapshots  
Filed under Forex & Futures

Print This Post  PDF version Leave a comment 

G10 Advancers and Decliners vs USD
GBP -0.21
JPY -0.44
EUR -0.48
EUR -0.55
This week’s economic calendar went from famine to feast yesterday as the Eurozone spun out better than expected German Unemployment figures (8.2% vs. 8.4% exp.), and rumours of good US employment figures to come spurred equities and other risky assets higher in the morning session (EURUSD rallied to 1.4671, crude to just shy of $68 and gold back above $1000/oz). The good news continued on the…

Read More …

Print This Post  PDF version Leave a comment 

Random Posts

Comments

Tell us what you're thinking...