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| Mid-Day Report: Dollar Higher after ISM Manufacturing and Non-Farm PayrollJun 01 14:35 GMT, by ActionForex.comDollar finally takes off, supported by stronger than expected ISM Manufacturing index. Market initially hesitates after the first round of mixed data from the US. Stronger than expected Non-Farm Payroll is easing some concerns of further deterioration in the US economy but lower than expected core PCE deflator is also...Full Report >> | | | | | Forex Weekly Analysis Reports | Weekly Economic and Financial CommentaryJun 01 21:02 GMT, by Wachovia CorporationModerate, below trend, economic growth combined with moderate, but above-target, inflation has been the combination that has kept the Federal Reserve on hold while prompting a gradual rise in long rat... USD/CHF - The Pair to Short-Term Range TradeJun 01 20:45 GMT, by DailyFXTrading any of the majors this past week was a risky venture since most of them were perched on significant technical levels and event risk was high. Now that the week is over, the fundamental barrier... EUR/GBP - Hedging Strategy of the WeekJun 01 20:42 GMT, by DailyFXThe EUR/GBP is our primary target for hedging in the week ahead, with clear range-bound trade and concrete support and resistance levels. To hedge, go both long and short at the market if price stays... Weekly Currency Wrap-upJun 01 15:45 GMT, by TradingEducation.comIn a pattern that has become familiar, U.S. economic data failed to provide clear direction for much of the week, but forward-looking data had a generally firm tone. Weaker economic growth and trade f... Weekly Focus: The downturn is over - if there ever was oneJun 01 15:36 GMT, by Danske BankWe have long argued that the ISM index would bottom out around the 50 level in Q1 and recover during the rest of 2007. It now seems that this movement has come more quickly and more strongly than we a... | | Latest Fundamental Analysis Reports | Japanese Capital Spending Will Kick Off The Week For Global MarketsJun 02 05:50 GMT, by DailyFXFrom officials' language and previous interest rate decisions, it is clear that the Bank of Japan wants to bring its nation's overnight lending rate to a more normalized level. Though, a recent coolin... Strong Payrolls Not Enough to Offset Softer Inflation and Weak IncomeJun 02 05:46 GMT, by DailyFXLiving up to its reputation, the non-farm payrolls report delivered some serious volatility to the foreign exchange markets. An intraday chart of the EUR/USD revealed rollercoaster like price action w... Dollar Unable to Break ResistanceJun 01 20:36 GMT, by CMS ForexThe dollar rose modestly after numerous data on Friday. Unable to penetrate technical levels, the greenback drifted lower after volatile trading. Today's economic data generally indicated a recovering... Dollar May Have Missed Its Last Chance To Take Out Resistance On A NFP DisappointmentJun 01 20:29 GMT, by DailyFXThough there were fully eight independent, upper echelon indicators scheduled for release this morning, the dollar failed to make a break during the data flow. Now with the calendar clearing up for th... Economic Indicators: ISM Index Moved Higher in May 2007Jun 01 20:25 GMT, by Wachovia CorporationStrong regional surveys especially out of Chicago and Milwaukee hinted that a turnaround in manufacturing and a strong ISM number was to come. The composite index did not disappoint, rising to 55.0 in... | | Latest Technical Analysis Reports | Euro Commodity Crosses Getting Hammered - Expect This to ContinueJun 01 16:02 GMT, by DailyFXThe EURCAD downtrend continues. Looking back 10 years, daily RSI is at its lowest level (12). A pullback is certainly due but the trend is obviously down and the next month or two will likely see a te... Forex Daily AnalysisJun 01 13:12 GMT, by Market Traders InstituteThe EUR recieves the fundamental with a sideways consolidation range range. After the bullish break we had earlier in the previous session, the market has started to take a rest probably preparing the... Daily FX ForecastJun 01 12:39 GMT, by FX DreamEUR/USD has remained quiet earlier today as it was suggested. Today the focus will be on the key US Non Farm Payrolls numbers at 12:30 GMT and then ISM Manifacturing at 14:00 GMT. The Payrolls consenu... Daily Technical Briefing: Dollar Mixed Before Event Risk - Levels Clearly DefinedJun 01 12:28 GMT, by DailyFXEUR/USD Commentary: Repeat - the decline from 1.3680 has been choppy and certainly appears corrective. However, the series of lower highs and lower lows is, by definition, a downtrend and could be eit... Daily Technical StrategistJun 01 11:55 GMT, by Mohammed IsahEUR made a run to the upside off 1.3423 low on Thursday testing 1.3476 high before giving back some of those gains to close back below its daily 50 ema at 1.3454.This is coming on the back of a test o... | | Action Insight Newsletter | | | | | Live Comments (GMT) | Jun 01 14:02 | May U of Michigan consumer confi rose to 88.3, abv exp 88.0 |
| Jun 01 14:01 | May US ISM manu at 55.0, abv exp 54.0. Price paid dropped slightly from 73 to 71. |
| Jun 01 12:33 | Strength in NFP offset by tamer than expected core PCE which dropped to 2.0% vs exp 2.1%. |
| Jun 01 12:32 | Solid NFP at 157k vs exp 130k though prior revised slightly down from 88k to 80k |
| Jun 01 08:30 | May UK Manu PMI at 54.9, abv exp 53.7, prior 54.1 |
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