OPENING COMMENT
Friday, 03 February 2012 06:01 GMT
By
Joel Kruger
Overall, price action this week has been uneventful for the Euro, with the market confined to a round of consolidation. But this could soon come to an end with today’s event risk…
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TRADING THE NEWS
Thursday, 02 February 2012 07:00 GMT
By
David Song
The world’s largest economy is expected to add another 145K jobs in January, and the ongoing improvement in the labor market may prop up the U.S. dollar as it dampens speculation for additional monetary support.
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EUROPEAN MARKETS
Euro Market Opening Brief
By
Ilya Spivak
Friday, 03 February 2012 09:31 GMT
The US Dollar consolidated against the major currencies overnight as traders looked ahead to January’s US employment report for direction cues.
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US MARKETS
US Market Opening Brief
By
David Song
Friday, 03 February 2012 14:25 GMT
The better-than-expected Non-Farm Payrolls report propped up the U.S. dollar on Friday, and the reserve currency may continue to recoup the losses from the previous month as the development dampens the prospects for additio...
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ASIAN MARKETS
Daily Fundamentals
By
John Kicklighter
Friday, 03 February 2012 03:56 GMT
The dollar found an uneasy break in its painful three-week decline but unless a significant switch on risk appetite trends is flipped, this is likely a pause before the unflappable stimulus-riders return.
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TOP FX HEADLINES
Friday, 03 February 2012 14:47 GMT
By
Christopher Vecchio
The U.S. Dollar took a hit following the January jobs report data, which showed the U.S. unemployment rate dropped to 8.3 percent. However, the Greenback’s weakness is a short-term phenomenon, as the print dampens the...
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COMMODITY UPDATE
Friday, 03 February 2012 09:55 GMT
By
Ilya Spivak
Crude oil, copper and precious metals prices are likely to rise if a slowdown in US job creation stokes expectations of the near-term arrival of new Fed stimulus.
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