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5 Apr 2013

Forex: EUR/USD accelerates above 1.3000 on US NFP

FXstreet.com (Barcelona) - The single currency spiked to the area of 1.3030 after the US economy has created 88K jobs during March, largely missing expectations at 200K and down from February’s 268K. Continuing with the data, the US jobless rate has ticked lower to 7.6% from 7.7%.

As of writing, the cross is up 0.55% at 1.3006 facing the next resistance at 1.3050 (high Mar.25) then 1.3107 (high Mar.15) and finally 1.3110 (38.2% of Feb.-Apr. slide)
On the flip side, a breach of 1.2893 (MA200d) would then target 1.2849 (MA10d) en route to 1.2747 (low Apr.4).
Apr 5, 2013

Forex: USD/CAD testing 1.0200 after Canadian employment

The USD/CAD surged ahead following the release of weak economic data in Canada, combined with the release of several key US indicators as well. Given this surge, the pair managed to pare its losses and break higher to the 1.0200 level, testing this region at the time of writing.
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Apr 5, 2013

Forex: EUR/GBP edges higher after NFP flop

EUR/GBP has tentatively climbed in the immediate aftermath of today´s US Non Farm Payroll numbers.
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