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  1. News in 60 Seconds: NFP worse..revision much worse..Unemployment better! Mixed bag!

    by , 02-05-2010 at 09:54 AM (News in 60 Seconds)
    Biggest % gainers: USD/CHF up 0.81%, AUD/CHF up 0.53%, EUR/CHF up 0.44% on CHF weakness. Another huge intraday spike with CHF pairs....(EUR/CHF went from under 1.46 to over 1.48 at one point)... Speculation of intervention: http://www.bloomberg.com/apps/news?p...d=aROIxFs3lQHs

    Biggest % losers:
    EUR/CAD down 0.76%, CHF/JPY, GBP/USD, GBP/JPY ....mixed bag but the CHF is still weak here too!

    GBP PPI m/m better at 2.0% vs. 0.7% expected. Last time upwardly revised to 0.6% vs. 0.1% previously.

    CAD Employment Change better at 43k vs. 15.2k expected.

    CAD Unemployment Rate better at 8.3% vs. 8.5% expected.

    USD Non-Farm Payrolls worse at -20k vs. 10k expected. ...
  2. Dollar Emerges as the Winner Out of the Confusing NFP

    by , 02-05-2010 at 09:48 AM
    [B]American job figures came out very confusing. After some choppy trading, the market focuses on the bright side of the data and the dollar continues to rally.[/B]

    Note: This was initially written at 14:15 GMT. I’ll update this post as events unfold.
    Non-Farm Payrolls [B][URL="http://www.forexcrunch.com/time-for-a-positive-nfp/"]didn’t deliver a positive number[/URL][/B]. The US job market lost 20,000 jobs. The negative number was supposed to be the headline, but the Unemployment Rate stole the show with a drop from 10% to 9.7%.

    Read the rest of the [URL="http://www.forexcrunch.com/dollar-emerges-as-the-winner-out-of-the-confusing-nfp/"][I][B]NFP Analysis[/B][/I][/URL].
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  3. Forex Trades 02/05 - US session

    by , 02-05-2010 at 08:05 AM (Currency Majors Technical Analysis)
    [b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
    [b]Entry[/b]: 1.3695
    [b]Stop[/b]: 1.3755
    [b]Resistances[/b]: 1.3865 - 1.377 - 1.3725
    [b]Supports[/b]: 1.348 - 1.36 - 1.365

    [b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/gbpusd"]GBP/USD - British Pound / US Dollar[/url][/b]
    [b]Entry[/b]: 1.57
    [b]Stop[/b]: 1.575
    [b]Resistances[/b]: 1.5875 - 1.5795 - 1.574
    [b]Supports[/b]: 1.55 - 1.562 - 1.5655

    [b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/eurjpy"]EUR/JPY ...
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  4. Superb Canadian Job Figures Save the Loonie

    by , 02-05-2010 at 07:35 AM
    [B]Excellent Canadian job figures send USD/CAD down just before the pair was about to breach an important resistance line, while [URL="http://www.forexcrunch.com/3-vulnerable-currencies-towards-the-nfp/"]other currencies bow before the greenback[/URL].[/B]

    With an unemployment rate of 8.3%, the US can envy Canada. This exceeded early expectations for a steady 8.5% rate. The Employment Change number is also superb: 43,000 jobs were gained in Canada, almost three times the early predictions for a gain of 15,200 jobs.

    Read the rest of the article about [URL="http://www.forexcrunch.com/superb-canadian-job-figures-save-the-loonie/"][I][B]Canada's job numbers and their impact[/B][/I][/URL].
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