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Strong US data sees split market reaction
The US economy supposedly added jobs at a furious rate in December – particularly according to the record job additions seen in the household survey. The kneejerk reaction in the USD was somewhat bifurcated.
Fri, 03 Feb 2012 15:40:04 Z
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Pivotal payrolls day for USD majors
Several of the major USD pairs are at pivotal levels ahead of the US employment report and ISM non-manufacturing survey. The outcome of these key reports could be decisive as major USD pairs are at interesting pivot levels.
Fri, 03 Feb 2012 10:32:33 Z
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Asian markets steady ahead of today's US non-farm payrolls
Asian markets were in limbo ahead of today's key US non-farm payrolls report. Service sector PMIs out of China were not quite as buoyant as the manufacturing side, lending a slight negative bias to trading.
Fri, 03 Feb 2012 05:50:50 Z
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Treading water until tomorrow’s important US data
Markets were zigging and zagging today as EU news tilted to the negative side. We saw a strong US weekly jobless claims report, but tomorrow’s US employment report and ISM non-manufacturing are the next key event risks.
Thu, 02 Feb 2012 15:09:10 Z
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Asia extends risk rally after Aus trade data beats forecasts
Having seen the smart turnaround in risk appetite during the European session, Asia was given further incentive to extend the rally Thursday with signs that Australia’s export economy continues to grow.
Thu, 02 Feb 2012 05:15:33 Z
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EURUSD dynamic shifts post EU summit but market discipline lurks
Concerns about Europe have eased somewhat post the EU summit but without real solutions and more liquidity some market discipline is soon likely. In the short term key US data will be more decisive for EURUSD than Eurozone numbers or political talk.
Wed, 01 Feb 2012 19:23:57 Z
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Asian PMIs shine but risk struggles to rally in Asia
The start of a new month brought the usual flurry of PMI releases across the region for January and generally they surprised to the upside. However, risk appetite did not benefit greatly and currencies traded in lower ranges.
Wed, 01 Feb 2012 05:35:29 Z
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