For more currency & commodity news & info, visit ufx.co US Dollar strengthened against the Japanese yen as higher than forecast nonfarm payrolls data emerged from the USA, decreasing speculation about a Federal Reserve monetary stimulus. The US nonfarm payrolls increased by 227000 in February after rising by a revised 284000 the previous month, Labor …
Tag Archive: UFXMarkets
May
09
UFXMarkets -Daily Gold & Forex Trading News-5-February-2012
For more Forex news & info, please visit ufx.co The US Dollar rose against the Euro after employers in the US added more jobs than forecast, decreasing speculation that the Federal Reserve will add another round of asset purchases to support growth. In the USA, Non-farm Payrolls rose by 243000 after a revised 203000 gain …
Apr
30
UFXMarkets -Daily Gold & Forex Trading News-8-February-2012
For more Forex news & info, please visit ufx.co Despite all the positive data coming out on US employment, Fed Chairman Bernanke said that the US job market is far from healthy. The resulting confusion led to a weaker Dollar, further weakened by Greece’s succesful attempts to pay off its debts. Wall Street closed positive …
Apr
05
UFXMarkets -Daily Gold & Forex Trading News-6-February-2012
For more Forex news & info, please visit ufx.co The Dollar traded mixed against the major currencies after US employers added more jobs than forecast, with the Unemployment Rate coming out at 8.30%, better than the expected 8.50%. Wall Street closed positive as S&P increased by 1.46% and the Dow leapt by 1.23%. Crude increased …
Jan
28
UFXMarkets -Daily Gold & Forex Trading News-03-January-2012
For more Forex news & info, please visit ufx.co The US Dollar was little changed versus most majors as trading volume remained thin in the last day of trading in 2011. Trading volume is expected to rise now that the holidays have ended. Stocks finished the year with declines as the NASDAQ declined by -0.33% …
Jan
05
UFXMarkets -Daily Gold & Forex Trading News-05-December-2011
For more Forex news & info, please visit ufx.co The US Dollar strengthened versus most of the majors after worse than expected Payrolls data. The market added 120 thousand jobs while the forecast predicted 125 thousand jobs. On the other hand, the unemployment rate unexpectedly dropped to a 2.5 year low from 9% to 8.6%. …
Sep
30
UFXMarkets -Daily Gold & Forex Trading News-5-September-2011
For more Forex news & info, please visit www.ufxmarkets.com… Crude oil fell for a second day by 3.4%, closing at .90 a barrel on concern that the US and Chinese economies are weakening, which indicates that fuel demand will falter in the world’s two biggest crude-consuming nations. Gold (XAU) jumped by 3.20%, closing at 85 …