Archive for July, 2013

In the latest forex trading news, all eyes are keenly focused on what may be a rather bullish rebound for the Euro.

Last week, this multinational currency finished trading with gains just above one percent; a mild signal that forex traders may be taking a keener eye on futures. However, there were relatively few notable events during the prior week. On the contrary, the week ahead will see some major news emerge from the markets.
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Last Friday, July 5th, USD experienced strong gains after the optimistic US labor numbers. However, this is the third week now since USD opened weakly against other major Forex pairs.

This is contradiction to the positive figures displayed from the report of the US Change in Nonfarm Payrolls in which there were over 195,000 openings in jobs in June.
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