Guest Brandon Posted June 1, 2012 Share Posted June 1, 2012 The dollar strengthened versus the euro after U.S. payrolls data disappointed Friday. U.S. May jobs came in at a very weak 69,000 increase, with a rise in the unemployment rate to 8.2%. The dollar slid below Y78 while the euro went below Y96, marking the euro's lowest level against the Japanese currency since November 2000. EUR/USD at 1.2330, according to EBS via CQG. The dollar is at Y78.07. The weakness in the U.S. economy is bound to spur talk of the Federal Reserve stepping in with its bond-buying program to boost the economy. This would, however, flood the economy with dollars and weaken it. wsj Link to comment Share on other sites More sharing options...
maspluto Posted May 20 Share Posted May 20 As a trader, never tire of learning and training. By frequently engaging in learning and practicing, traders can gain a better understanding of forex. This will enable them to experience comfort and security on real accounts with Tickmill as their broker. Link to comment Share on other sites More sharing options...
uncle gober Posted May 21 Share Posted May 21 Profiting in forex is not as easy as imagined; everything involves process and time. That's why I continue to study diligently, so that I can understand and be ready to trade effectively with Tickmill in the future. Link to comment Share on other sites More sharing options...
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