The U.S. Unemployment Rate is expecting at 10.0% today
06 Nov, 2009 @ 01:32 am ET | By Fs Team
EUR/USD (1.4874)
European & US sessions forecast levels: 1.4625/1.4925
Trend Sessions: European: Neutral/Downward
US: Neutral/Downward
Market Focus: 8:30 AM Average Workweek, Hourly Earnings, Non-farm payrolls, Unemployment Rate, 10:00 AM Wholesale Inventories, 2:00 PM Consumer Credit, 6:00 AM Germany Factory orders.
Daily Strategy: The euro/dollar trading consolidates in a short trading range ahead the key jobs report today. It is very important to see whether the U.S. economy is on the way to recover as hold the current job places. The forecasts show that Unemployment Rate may rise to 9.9% or even 10.0% as the forecast of forex-strategy.com. The forecast for today is expectation for dollar recovery, as the investors will back to the dollar safety.
For more forex information, go to www.forex-strategy.com
Related Articles:
- GBP/USD - Daily Technical Strategies 20/11/2009 Nov 20, 09
- EURUSD - Daily technical Strategy 11/20/2009 Nov 20, 09
- GBP/USD - Daily Technical Strategies 19/11/2009 Nov 19, 09
- AUDUSD - Daily technical Strategy 11/19/2009 Nov 19, 09
Sponsored Articles:
- Are These 4 Emotional Pitfalls Sabotaging Your Trading? Nov 12, 2009 4:46PM
- Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis Nov 12, 2009 4:43PM
- Finance's Euphoria: The Epilogue - What Record High Dollar Volume of Trading Says About Confidence Nov 06, 2009 4:32PM


US
UK
Chinese
Japanese
Hong Kong
Spanish
Deutsch
Portuguese
Korean
French
Russian



RSS Most read
Australia
Canada
EMU
Japan
Swiss
England
US

