International Business News - Economic Indicators http://www.ibtimes.com/rss/feed/economicindicators.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/economicindicators.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif (Córdoba) Despite a decline on Friday, the Euro ended the week 0.79% higher against the Dollar. EUR/USD finished Friday trading in a range between 1.4830 and 1.4850. The Dollar failed to confirm a break below 1.4700 and on Wednesday the Euro rallied after the FED decided to leaves rates unchanged but on Friday was unable to hold above 1.4900. http://www.ibtimes.com/articles/20091106/forex-eur-usd-euro-post-weekly-gains.htm http://www.ibtimes.com/articles/20091106/forex-eur-usd-euro-post-weekly-gains.htm Fri, 06 Nov 2009 17:49:00 EST (Córdoba) Wall Street rose moderately on Friday. The Dow Jones ended up 0.17% but posted sharp gains for the week, around 3%. Unemployment reaching the highest level in 26 years did not stop stocks. Dollar ended mixed across the board and the Yen higher. http://www.ibtimes.com/articles/20091106/umarkets-ended-with-small-gains-up-for-the-week-dollar-mixed.htm http://www.ibtimes.com/articles/20091106/umarkets-ended-with-small-gains-up-for-the-week-dollar-mixed.htm Fri, 06 Nov 2009 16:32:00 EST (Córdoba) The Pound rebounded at 1.6575 and rose back to the 1.6600 zone. GBP/USD has been steady, moving sideways between 1.6615 and 1.6590. The pair is heading toward a moderate weekly gain, the second in a row. http://www.ibtimes.com/articles/20091106/forex-gbp-usd-cable-hovering-around6600.htm http://www.ibtimes.com/articles/20091106/forex-gbp-usd-cable-hovering-around6600.htm Fri, 06 Nov 2009 15:34:00 EST (Córdoba) The Yen is posting important gains across the board on Friday. The Japanese currency started to rally after the Non-farm payrolls data. USD/JPY is steady and trades around 89.82/85, 0.95% below today's opening price. The pair tumbled almost a hundred pips since the announcement of the U.S. unemployment data as it fell to 89.60 (intra-day low). http://www.ibtimes.com/articles/20091106/forex-yen-consolidates-gains-across-the-board.htm http://www.ibtimes.com/articles/20091106/forex-yen-consolidates-gains-across-the-board.htm Fri, 06 Nov 2009 14:18:00 EST (Córdoba) The Euro failed to hold above 1.4900 against the Dollar and pulled down to 1.4830. Currently the pair is hovering around 1.4840, 0.15% below today's opening price. On the downside, if the support at 1.4830 gives up the pair could fall further to intra-day lows that lie at 1.4810. The next support is located at 1.4775. http://www.ibtimes.com/articles/20091106/forex-eur-usd-pulls-back-to4830.htm http://www.ibtimes.com/articles/20091106/forex-eur-usd-pulls-back-to4830.htm Fri, 06 Nov 2009 12:05:00 EST (Córdoba) Cable recovered from losses against the Dollar that occurred following the NFP report. GBP/USD tumbled to 1.6515 (intra-day low) but rebounded sharply and rose back above 1.6600 to 1.6615 after the opening bell at Wall Street. But the Pound was unable to hold on top of 1.6600 and currently trades at 1.6575/80, at the same prices it had at the beginning of the day. http://www.ibtimes.com/articles/20091106/forex-gbp-usd-fails-to-hold-above6600.htm http://www.ibtimes.com/articles/20091106/forex-gbp-usd-fails-to-hold-above6600.htm Fri, 06 Nov 2009 11:29:00 EST (Córdoba) The Dollar is falling further against the Yen and continues its decline from 90.70. USD/JPY recently posted a fresh intra-day low at 89.59 and is approaching to the lowest price of the week that lies at 89.15. At the moment, the pair has found support at the 89.60 zone, but still remains under pressure. http://www.ibtimes.com/articles/20091106/forex-usd-jpy-falls-further-to-89-60.htm http://www.ibtimes.com/articles/20091106/forex-usd-jpy-falls-further-to-89-60.htm Fri, 06 Nov 2009 11:01:00 EST - The Euro has bounced strongly at 1.4810 after post NFP plunge, and the pair has risen back to test 1.4900 resistance area, after hitting a new intra-day high at 1.4915. http://www.ibtimes.com/articles/20091106/forex-eur-usd-euro-extends-recovery-and-reaches-day-high-at4915.htm http://www.ibtimes.com/articles/20091106/forex-eur-usd-euro-extends-recovery-and-reaches-day-high-at4915.htm Fri, 06 Nov 2009 10:35:00 EST - U.S. markets have opened Friday's session with declines following a weaker than expected Non-Farm payrolls report although they have swung to slight gains after a volatile opening. The Dollar has pared post NFP gains and reaches back to session lows against Euro and Pound. http://www.ibtimes.com/articles/20091106/umarkets-slightly-up-after-negative-opening-dollar-pares-gains.htm http://www.ibtimes.com/articles/20091106/umarkets-slightly-up-after-negative-opening-dollar-pares-gains.htm Fri, 06 Nov 2009 10:13:00 EST (Córdoba) Greenback is falling across the board. USD/JPY continues to fall, following a sharp decline after the release of the Non-farm payrolls data. The pair has fallen to 89.76, posting the lowest price since last Monday. http://www.ibtimes.com/articles/20091106/forex-usd-jpy-dollar-weakness-further-against-the-yen-and-falls-to-89-80.htm http://www.ibtimes.com/articles/20091106/forex-usd-jpy-dollar-weakness-further-against-the-yen-and-falls-to-89-80.htm Fri, 06 Nov 2009 09:54:00 EST (Córdoba) Cable tumbled to 1.6515, posting a fresh intra-day low, following Non-Farm payrolls data. GBP/USD rebounded and rose to 1.6275, a few pips below the price it had before the release of the information. Currently the pair trades at 1.6560/70, 0.10% below today's opening price. http://www.ibtimes.com/articles/20091106/forex-gbp-usd-rebounds-at6515-and-rises-to6575.htm http://www.ibtimes.com/articles/20091106/forex-gbp-usd-rebounds-at6515-and-rises-to6575.htm Fri, 06 Nov 2009 09:29:00 EST - Euro post-NFP decline has been held at 1.481o support level, and the pair has picked up reaching back to pre-payrolls levels, around 1.4870 ahead of Wall Street opening. http://www.ibtimes.com/articles/20091106/forex-eur-usd-euro-bounces-up-from4810-back-to4870.htm http://www.ibtimes.com/articles/20091106/forex-eur-usd-euro-bounces-up-from4810-back-to4870.htm Fri, 06 Nov 2009 09:27:00 EST - The Yen has soared across the board on the back of a sudden risk aversion wave after a weaker than expected U.S. Non-Farm Payrolls report showing that unemployment rate rose to its highest level in the last 26 years in the U.S. http://www.ibtimes.com/articles/20091106/yen-surges-against-pound-and-euro-on-weaks-employment-data.htm http://www.ibtimes.com/articles/20091106/yen-surges-against-pound-and-euro-on-weaks-employment-data.htm Fri, 06 Nov 2009 09:06:00 EST (Córdoba) The Dollar rose sharply across the board after the release of payrolls data. Against the Swiss Franc jumped from 1.0155 to 1.0202, posting a fresh intra-day high. USD/CHF then pulled back and currently trades around 1.0180, 0.30% above today's opening price. http://www.ibtimes.com/articles/20091106/forex-usd-chf-jumps-to-test0200-following-non-farm-payrolls-data.htm http://www.ibtimes.com/articles/20091106/forex-usd-chf-jumps-to-test0200-following-non-farm-payrolls-data.htm Fri, 06 Nov 2009 09:04:00 EST - The Pound has extended its retreat from 1.6600 area on the back of weaker than expected U.S. Non-Farm payrolls data, with the pair hitting a session low at 1.6525 to bounce somewhat later to levels around 1.6550 at the moment of writing. http://www.ibtimes.com/articles/20091106/forex-gbp-usd-pound-plunges-from6585-to6525-on-weak-payrolls-data.htm http://www.ibtimes.com/articles/20091106/forex-gbp-usd-pound-plunges-from6585-to6525-on-weak-payrolls-data.htm Fri, 06 Nov 2009 08:51:00 EST The Dollar has risen against the Canadian to trade at daily highs after the worst than expected unemployment data released today. USD/CAD has climbed 50 pips in the minutes following data from 1.0690 to hits intra-day high at 1.0740. http://www.ibtimes.com/articles/20091106/forex-usd-cad-rises-to0740-after-the-nfp-data.htm http://www.ibtimes.com/articles/20091106/forex-usd-cad-rises-to0740-after-the-nfp-data.htm Fri, 06 Nov 2009 08:50:00 EST (Córdoba) The Yen jumped against the Dollar after the release of the employment report. USD/JPY fell sharply from 90.60 to 90.04, posting a fresh intra-day low. If the pair falls below 90.00 the next support lies at 89.85 (Nov 3 low) and 89.60. The Yen rose even further against European currencies after the unemployment data. http://www.ibtimes.com/articles/20091106/forex-usd-jpy-tumbles-to-90-05-after-nfp.htm http://www.ibtimes.com/articles/20091106/forex-usd-jpy-tumbles-to-90-05-after-nfp.htm Fri, 06 Nov 2009 08:50:00 EST The Euro has reacted down against the Greenback on the back of the worst than expected October unemployment data. EUR/USD has fallen 55 pips in the minutes following the data from 1.4875 to break MA55 hourly at 1.4845 and hit intra-day low at 1.4820. http://www.ibtimes.com/articles/20091106/forex-eur-usd-reacts-down-after-the-worst-than-expected-us-unemployment-data.htm http://www.ibtimes.com/articles/20091106/forex-eur-usd-reacts-down-after-the-worst-than-expected-us-unemployment-data.htm Fri, 06 Nov 2009 08:41:00 EST - U.S. non farm-payrolls have declined by 190,000 in October, somewhat above the 175,000 decline forecasted by the analysts, while the unemployment rate has risen 0.4% to 10.2%, the Dollar has soared across the board. http://www.ibtimes.com/articles/20091106/dollar-and-yen-soar-on-weaks-payrolls-data.htm http://www.ibtimes.com/articles/20091106/dollar-and-yen-soar-on-weaks-payrolls-data.htm Fri, 06 Nov 2009 08:41:00 EST The Aussie is trading on consolidation mode against the Greenback after the last bullish movement which take the AUD/USD to hit highest levels since the Oct 29 at 0.9175. The pair has slid to test 0.9150 level during the European session. http://www.ibtimes.com/articles/20091106/forex-aud-usd-retreats-to9150-after-hitting-intra-week-high-at9175.htm http://www.ibtimes.com/articles/20091106/forex-aud-usd-retreats-to9150-after-hitting-intra-week-high-at9175.htm Fri, 06 Nov 2009 07:54:00 EST