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Obama sure of rebound despite job loss figures
President Barack Obama said he was confident the US economy would recover, despite new data showing unemployment at a 26-year-high of 9.5 per cent, which dampened hopes of a quick rebound.
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Unexpected surge in US jobless takes unemployment rate
Unemployment is accelerating again in the world's largest economy, confounding forecasters who believed that the pain of the US recession was starting to ease. 4
Forecast on USD Minors - July 2, 2009
USDCHF breached the prior day's low and closed @ 10755 which was well below the open. ECB rate announcement & Non Farm Payroll. The Hourly Oscillators are bearish but weak and the price is below the MA, so Cautious approach is needed. 4
USD/JPY Technical Analysis
The Japanese Yen is higher across the board as stocks fell following the U.S. NFP report which showed broad based job cuts and weaker wage growth. The headline number deviated by over 100K jobs to -467K, while average hourly earnings showed no gr 2
Bears Beware...AUD/USD at Critical Support
The AUD/USD dropped like a rock off the heels of some major fundamental announcements today consolidating near critical support near 0.7940. Considering a buying opportunity now may seem counterintuitive, however, prices currently sit near daily 4
Come On ... Who Sells Dollars Ahead of July 4th?
By the looks of it, traders might actually be respecting the holiday commemorating US Independence. The dollar is positive on the day so far. 3
Chart of the Day - 7/02/2009 – AUD/USD
Dollar-strengthening price action on AUD/USD, a daily chart of which is shown, has once again descended back down to a key uptrend support line extending from the March lows. 3
Pound May Fall Against Dollar as Risk Rally Fades
The pound may be “overbought” and will probably extend losses as investors reduce holdings of higher-risk assets, Westpac Banking Corp. said. 4
Dollar index stays up after factory data
The U.S. dollar remained higher against major counterparts Thursday after the Commerce Department said orders for U.S.-made factory goods climbed 1.2% in May. 4
Dollar Mixed Ahead Of US Factory Goods Orders For May
The Commerce Department is due to release its report on factory goods orders for May at 10:00 am ET. Orders for manufactured goods are likely to have increased 0.2% in the month. 4
Dollar Rises as Nonfarm Payrolls Drop Fast
EUR/USD declined past the yesterday’s open level today as the currency traders reacted on the deeper than expected drop in the U.S. nonfarm payrolls. 4
Non-Farm Payrolls Falls 467K, Still Following 1980s
A total of 467k Americans lost their jobs in the month of June, driving the unemployment rate to a fresh quarter century high of 9.5 percent. The jobless rate was better than the market expected but the total number of job losses was worse. The d 
