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8 Mar 2013
Session Recap: USD rises on strong US data, EUR/USD tests 1.2960 again
The USD was the winner of the day as the Greenback traded higher against its major competitors fueled by strong US employment data. The government reported the US economy added 236,000 new jobs, against 160,000 expected, while the unemployment rate fell to 7.7%, 5-year low, from 7.9% the previous month.
AS the last days, the USD traded in a pro-risk mode and fueled by the environment created by the data, the EUR/USD fell to 1.2955, fresh 2013 low. However, its was the fourth time in march that the pair tested levels around 1.2960 but the pair failed in its break and currently it is trading at 1.3000.
The GBP/USD declined to 1.4880, lowest since June 2010 and currently is at 1.4930. The USD/JPY reached levels not seen since August 2009 at 96.60.
Main Headlines in America (in chronological order):
US: NFP rose to 236K in February
American equity markets edge higher on upbeat US data
Forex: EUR/USD off 1.2956 low
Session Recap: Strong nonfarm payrolls boost the greenback
Forex: GBP/USD bounces from 1.4887 spike low to 1.4950
Fundamental Afternoon Wrap: NFPs roar
Forex: USD/JPY retreats from highs, around 96.10/15
Forex: USD/CHF pulled to 0.9515 on profit taking
The end is here (and a new start too)
US jobs' gain gives the dollar another boost
Fitch downgrades Italy to BBB+, outlook negative
Forex: EUR/USD muted after Fitch downgraded Italy
Forex: AUD/USD found support at 1.0210
US markets and dollar in green after NFP
Forex: US Dollar Index eyes 83.00 after NFP
Forex: EUR/USD back above 1.3000
Forex: GBP/USD remains below 1.4950
AS the last days, the USD traded in a pro-risk mode and fueled by the environment created by the data, the EUR/USD fell to 1.2955, fresh 2013 low. However, its was the fourth time in march that the pair tested levels around 1.2960 but the pair failed in its break and currently it is trading at 1.3000.
The GBP/USD declined to 1.4880, lowest since June 2010 and currently is at 1.4930. The USD/JPY reached levels not seen since August 2009 at 96.60.
Main Headlines in America (in chronological order):
US: NFP rose to 236K in February
American equity markets edge higher on upbeat US data
Forex: EUR/USD off 1.2956 low
Session Recap: Strong nonfarm payrolls boost the greenback
Forex: GBP/USD bounces from 1.4887 spike low to 1.4950
Fundamental Afternoon Wrap: NFPs roar
Forex: USD/JPY retreats from highs, around 96.10/15
Forex: USD/CHF pulled to 0.9515 on profit taking
The end is here (and a new start too)
US jobs' gain gives the dollar another boost
Fitch downgrades Italy to BBB+, outlook negative
Forex: EUR/USD muted after Fitch downgraded Italy
Forex: AUD/USD found support at 1.0210
US markets and dollar in green after NFP
Forex: US Dollar Index eyes 83.00 after NFP
Forex: EUR/USD back above 1.3000
Forex: GBP/USD remains below 1.4950