World / E-commerce
New York Session Recap
03.07.2008 04:26
actionforex.com
Record high oil prices, stumbling US stocks, lower yields and a poor batch of employment data led to a selloff in the greenback of more than 75 pips on average against the majors in NY trading. Oil prices hit a new record by breaching the $144/bbl mark and this helped...
World
E-commerce
Dollar Slides on ADP, Awaits NFP
03.07.2008 04:26
actionforex.com
The dollar fell sharply following this morning's ADP private sector payrolls report, dropping to a fresh 10-week low versus the euro at 1.5885 and beneath the 106-level versus the yen. The June ADP private-sector payrolls declined by more than expected, posting a loss of 79k jobs, far steeper than the...
World
E-commerce
Dollar Slides on ADP, Awaits NFP
03.07.2008 04:26
actionforex.com
The dollar fell sharply following this morning's ADP private sector payrolls report, dropping to a fresh 10-week low versus the euro at 1.5885 and beneath the 106-level versus the yen. The June ADP private-sector payrolls declined by more than expected, posting a loss of 79k jobs, far steeper than the...
World
E-commerce
Eco Data 7/3/08
03.07.2008 04:26
actionforex.com
include('http://www.actionforex.com/resources/calendar/cal1.php?f=20080703');
World
E-commerce
Eco Data 7/3/08
03.07.2008 04:26
actionforex.com
include('http://www.actionforex.com/resources/calendar/cal1.php?f=20080703');
World
E-commerce
Dollar Slips in Anticipation of ECB Hike
03.07.2008 04:26
actionforex.com
The ADP Nonfarm Employment change came in at -79k vs. -20k expected, as this may indicator of the official NFP number which comes out tomorrow. Factory orders came in slightly higher at 0.6% vs. the estimate of 0.4%, which is a sign of growth from a manufacturing standpoint. Regardless the...
World
E-commerce
Dollar Slips in Anticipation of ECB Hike
03.07.2008 04:26
actionforex.com
The ADP Nonfarm Employment change came in at -79k vs. -20k expected, as this may indicator of the official NFP number which comes out tomorrow. Factory orders came in slightly higher at 0.6% vs. the estimate of 0.4%, which is a sign of growth from a manufacturing standpoint. Regardless the...
World
E-commerce
Non-Farm Payrolls Preview: Will Another Month of Job Losses Hurt the Dollar?
03.07.2008 04:26
actionforex.com
Non-farm payrolls for the month of June are due for release this Thursday, but with the Federal Reserve no longer looking to cut interest rates, will the degree of payroll growth actually have meaningful impact on the US dollar? The NFP number is being released at the exact same time...
World
E-commerce
Non-Farm Payrolls Preview: Will Another Month of Job Losses Hurt the Dollar?
03.07.2008 04:26
actionforex.com
Non-farm payrolls for the month of June are due for release this Thursday, but with the Federal Reserve no longer looking to cut interest rates, will the degree of payroll growth actually have meaningful impact on the US dollar? The NFP number is being released at the exact same time...
World
E-commerce
EUR/USD: How To Trade The ECB Rate Decision On Thursday
03.07.2008 04:25
actionforex.com
On Thursday at 7:45 EDT, the European Central Bank is widely expected to raise interest rates by 25 basis points to a nearly 7-year high of 4.25 percent. This would be the first change in monetary policy since last summer, and could mark a pivotal point for EUR/USD. However, the...
World
E-commerce
EUR/USD: How To Trade The ECB Rate Decision On Thursday
03.07.2008 04:25
actionforex.com
On Thursday at 7:45 EDT, the European Central Bank is widely expected to raise interest rates by 25 basis points to a nearly 7-year high of 4.25 percent. This would be the first change in monetary policy since last summer, and could mark a pivotal point for EUR/USD. However, the...
World
E-commerce
British Pound Crosses Correcting Lower
03.07.2008 04:25
actionforex.com
The GBPCHF remains in a 4th wave correction that will complete as either a triangle or flat. The rally from 1.9421 to 2.0963 is in 3 waves and would be wave A of the triangle (or flat). Wave B is underway now and will likely end below 2.0012. In summary,...
World
E-commerce
British Pound Crosses Correcting Lower
03.07.2008 04:25
actionforex.com
The GBPCHF remains in a 4th wave correction that will complete as either a triangle or flat. The rally from 1.9421 to 2.0963 is in 3 waves and would be wave A of the triangle (or flat). Wave B is underway now and will likely end below 2.0012. In summary,...
World
E-commerce
$ Index, Have to Take What the Market Gives....
03.07.2008 04:25
actionforex.com
Nearer term, the market is chopping just above support at the base of the multi-month channel (currently at 71.90/05, also a 62% retracement from the March low at 70.70, see daily chart/2nd chart below). Though an eventual downside break is favored, further declines may be limited (at least for the...
World
E-commerce
$ Index, Have to Take What the Market Gives....
03.07.2008 04:25
actionforex.com
Nearer term, the market is chopping just above support at the base of the multi-month channel (currently at 71.90/05, also a 62% retracement from the March low at 70.70, see daily chart/2nd chart below). Though an eventual downside break is favored, further declines may be limited (at least for the...
World
E-commerce
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