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Aussie Dollar Weaker After Mixed Employment Report
The Australian dollar was weaker on Thursday in the aftermath of a mixed employment report, with the economy creating jobs, but the unemployment rate rising further than expected.According to the Australian Statistics Bureau, the employment sector created 1,800 jobs while the number of unemployed persons rose 47,100, boosting the unemployment rate to 5.2% from 4.8% last month. Economists were expecting a rise in the unemployment rate to 5.0% and 20,000 jobs lost.Data taken at 7:10 a.m. EDT,The
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Recherche Trader Pro
Hello,j'aimerais savoir s'il y a des traders professionnels sur ce forum, car j'ai plusieurs questions
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Conférence : Vivre De La Bourse Par Romain Delacretaz
Pour ceux qui sont a Paris le 30 Septembre, je vous invite vivement à participer à la conférence de Romain Delacretaz. En étant totalement objectif, c'est un des meilleurs conférencier que j'ai eu l'occasion d'écouter.Pour y aller cliquez làQUOTE L’Institut de la Bourse vous invite à un événement exceptionnel et gratuit : la confére
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Forex - FX market focus on tomorrow Non-farm payrolls after ADP report gave a positive picture
The US dollar continued its recovery of the past ten days on Wednesday, helped by very good private sector jobs report for July and ongoing efforts from central bank officials to ease stress in financial markets. But this gain has been limited by a $4 a barrel rebound in crude oil prices after data showed an unexpected decline in US gasoline i
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Adp Jobs Report Sets The Mood In Wall Street.
Forex Markets for January 8, 2008 by James Whyte Market View The mood in today’s US markets was set by the ADP jobs report which came in at -693k from a -450k forecast. This has been the talk of the trading floors for most of the day. Now all eyes are on Fridays Non-Farm report for an actual number, which is expected to surprise the market once aga
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Employment Concerns Hurting Canadian Dollar
Investors are reluctant to buy Canadian dollars ahead of Friday's employment report, which is expected to show a weakening labour market in Canada.The U.S. dollar is holding modest gains against the loonie, trading above 1.29 CAD. Although Thursday's economic data have increased volatility, the trend in USD/CAD is higher ahead of Friday's employment data.I definitely think what we are seeing today has more to do with a weak Canadian economy, said Sacha Tihanyi, currency strategist from Scotia
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Weak Canadian Employment Adds Volatility to Canadian Dollar
The Canadian dollar is struggling to find any direction Friday morning following the release of a weaker-than-expected Canadian employment report.The February Canadian employment report added volatility to currency markets Friday morning, with USD/CAD rallying 35 pips following the release of the report. Those gains were quickly reversed as the cross fell back below 1.28 CAD. After the initial volatility, the Canadian dollar remains under significant pressure trading in the mid-1.28 CAD area.The Canadian unemployment report was weaker
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