Friday, October 2, 2009

The data on employment in the U.S. was disappointed

The disappointing data on employment in the U.S. in September led to a lower level of acceptable risk in the currency markets - as a result of currency-haven dollar and the yen began to rise and demand for higher-yielding currencies fell sharply. Euro / dollar fell below $ 1.4500, as the foot outweighed marked in this area demand. Below foot spotted near the level of $ 1.4470. According to traders, to continue the downward movement of the pair need to break the level of $ 1.4450. Couple pound / dollar also came under pressure, falling below $ 1.5860 to the sessional minimum around $ 1.5800 - at this level, an insignificant demand more bids are near the lows of the week at $ 1.5770. Dollar / yen against the backdrop of yield data down from Y89.45 below Y89.00. Ofer is located near the level of Y89.25. Euro / yen after the data has fallen from a mark Y130.00 below 200-day moving average - is the first time since May this year, the couple can close below this level.

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