DailyMarkets.com - Forex Trading: Riskier Currencies Turn Bullish Following US Unemployment Rate

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• Forex Trading: Riskier Currencies Turn Bullish Following US Unemployment Rate
• Commodities At Risk With Eurozone FinMin Summit, IMF Outlook Ahead
• China Dodges A Bullet?

Forex Trading: Riskier Currencies Turn Bullish Following US Unemployment Rate Posted: 08 Oct 2012 01:04 AM PDT Riskier Currencies Turn Bullish Following US Unemployment Rate The US dollar took losses against several of its main currency rivals on Friday, following the release of this month’s Non-Farm Payrolls report and unemployment rate. An unexpected drop in the US unemployment rate raised confidence in the American economic recovery, which in turn boosted demand for higher-yielding assets. This week, traders will want to pay attention to several key news events out of the euro-zone and US. A speech … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Commodities At Risk With Eurozone FinMin Summit, IMF Outlook Ahead Posted: 07 Oct 2012 09:41 PM PDT Commodity prices look to a meeting of Eurozone finance ministers and an updated IMF world economic outlook for direction, with weakness seeming likely. Talking Points Commodities Look to Eurozone FinMin Summit for Direction Cues "Risk-off" Trade Expected with IMF Likely to Downgrade Outlook Commodities are likely to find themselves at the mercy of broad-based risk sentiment trends to start the trading week as all eyes turn to the Luxembourg, where Eurozone finance ministers are due to … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

China Dodges A Bullet? Posted: 05 Oct 2012 12:38 AM PDT I came upon a couple of data points that seem to indicate that Chinese growth has bottomed and is in the process of a turnaround. First, Also Sprach Analyst points out that Macau gaming revenues, which are highly correlated with Chinese growth, ticked up in September. In addition, FT Alphaville highlighted a research report by Standard Chartered that concluded that Chinese property market is turning around, In fact, they say, sales are picking up so much — and unit completion has … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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