www.bforex.com: Job Report Is Curveball

www.bforex.com: Job Report Is Curveball

The Non Farm Employment Change statistics on Friday were below targets, proving that the U.S. economy might be moving towards another recession.br br The jobless figures fast made the Forex and Commodity markets volatile. Gold hopped swiftly and concluded the day near the highest parts of its range.br br Equities internationally grew to be instantly cautious, then when Wall Street opened it delivered fast downward pressure.br br The EURUSD will continue to provide a unstable range as investors try to select the quantity of risk appetite they are prepared to pursue.br br Records will likely be comparatively mild today with only some minor Retail and Housing statistics coming from the U.K.br br In a few days the States will publish Retail Sales results.br br Traders need to keep their eyes on public authorities in Europe and the States as they talk. Investors remain tense about the European debt situation and the outlook for global economies.


User: ussjames86

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Uploaded: 2011-07-11

Duration: 00:53