Featured \Nick Nasad \ 2:20 PM EST \ July 2nd, 2010
The non-farm payroll report showed the economy shedding jobs overall as 220K Census workers finished their assignments, but private sector employment rose 89K, a figure that was a relief following Wednesday’s ADP report. While the Euro rose higher and tested 1.26, overall Friday’s session was relatively quiet compared to Thursday. The week ends with major concerns over the US economy and global growth which is hurting the US Dollar.
JEliasof: $GBPUSD came w/in 5 pips of the 200-day SMA before reversing (a level it hasn't closed above since early Sept) ..all eyes on BoE APF #forex 12 minutes ago from web
EdMatts: Like to think calculated risk not balls.lol. either way its early days still for 12750 $DJIA lRT @dinnycal18: Thats a ballsy move Mr. Matts 17 minutes ago from TweetDeck
DavidJSong: $AUDNZD: Will be keeping a close eye on this pair as we have New Zealand 4Q Employment later today. Employment is expected to increase 0.4%. 24 minutes ago from Echofon
DRodriguezFX: Automated trading strats never going to have the same vision as human eye. Stop on that EUR psn is 1.3152, but no major levels there. 48 minutes ago from TweetDeck
DRodriguezFX: I like the risk/reward on a short-term EURUSD position here. Stop below morning low of 1.3242, initial target of range high of 1.3285. 1 hour ago from TweetDeck
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Daily Video Recap: NFP Meets Expecatations, Dollar is Soft to End Week
Featured \ Nick Nasad \ 2:20 PM EST \ July 2nd, 2010The non-farm payroll report showed the economy shedding jobs overall as 220K Census workers finished their assignments, but private sector employment rose 89K, a figure that was a relief following Wednesday’s ADP report. While the Euro rose higher and tested 1.26, overall Friday’s session was relatively quiet compared to Thursday. The week ends with major concerns over the US economy and global growth which is hurting the US Dollar.
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