AUD/USD update (9th December 2013, 15:00)9 Dec 2013
The Australian dollar is off versus the US dollar after the Australian employment report.
The AUD/USD pair is trading at $0.9083, down 0.2% after the ANZ job advertisement report dropped by 0.8% in November. The report is a measure of job advertisements in major daily newspapers and websites, which...
EUR/USD update (9th December 2013, 13:00)9 Dec 2013
The euro is extending its rally versus the US dollar after a better-than-expected jobs report from the US on Friday.
The EUR/USD pair is trading at $1.3722, up 0.1% as traders appear to no longer be fearful of tapering from the US Federal Reserve. As pointed out by Stan Shamu, the strong jobs data ...
Market Comment 9th December 20139 Dec 2013
European equities are set to start firm as the euphoria over the goldilocks non farm figure and some decent export data from China over the weekend props up the bulls. However, despite Fridays ‘just right’ number, the major indices still registered a loss for the first week of December and traders ...
GBP/USD update (6th December 2013, 14:00)6 Dec 2013
The pound is higher versus the US dollar after the UK inflation expectations increased.
The GBP/USD pair is trading a $1.6357; up 0.15% after the British consumer inflation expectations report increased from 3.2% to 3.6% on the quarter. The data shows that the Bank of England’s stimulus package has...
EUR/USD update (6th December 2013, 12:00)6 Dec 2013
The euro is broadly unchanged versus the US dollar as dealers wait for the unemployment report from the US.
The EUR/USD pair is trading at $1.3668, down slightly on the day as traders dally ahead of the non-farms payrolls and US unemployment reports at 1.30pm (London time). The data is considered t...
Market Comment 6th December 20136 Dec 2013
This is it, the day of the big job number. For all of this weeks jostling, this is what traders have been building themselves up for and as always before such high impact events, markets are looking to start flat as both the bulls and bears limber up on the sidelines butting heads. Traders see...
EUR/USD update (05th December 2013, 14:30)5 Dec 2013
The euro is broadly unchanged versus the US dollar as traders wait for the European Central Bank (ECB) to make its interest rate decision.
The EUR/USD currency pair is dancing around the $1.36 mark as dealers play the wait-and-see game ahead of the interest rate decision at 12.45pm. The market was ...
Market Comment 5th December 20135 Dec 2013
Marginal declines are expected once more in Europe as trepidation builds ahead of Friday’s payroll figures. Yesterdays batch of conflicting data provided a heady roller coaster for traders to try and ride out, and another busy day on the release front is expected to test their stomach. The two cent...
EUR/USD update (04th December 2013, 15:00)4 Dec 2013
A mixed bag from the eurozone purchasers manager index (PMI) has left the EUR/USD pairing supported by the 50-day moving average, but unable to gain traction through the 1.36 level.
Final services PMI for the eurozone beat expectations, coming in at 51.2 versus the expected 50.9. Individually...