Friday October 2, 2009 - 12:44:34 GMT
Share This Story
Forex Hound - www.forexhound.com
Forex Trading Light Ahead of U.S. Non-Farm Payroll Report
Forex markets are trading in tight ranges ahead of this morningâ€™s U.S. Non-Farm Payroll Report.
Traders are looking for a loss of about 175,000 to 225,000 jobs. The unemployment rate is expected to come in a 9.8%.
Investors will be looking for signs of improvement in the economy. A better than expected number is likely to trigger increased appetite for higher risk assets. A job loss greater than estimated should favor the Dollar.
The Dollar is trading mixed this morning, posting gains versus the Euro, Canadian Dollar and British Pound in light trading.
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."