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Daily Forex Snapshot: 9-3-2010

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Forex - Markets Await Non-Farm Payrolls Report

G10 Advancers and Decliners vs USD
GBP0.09
JPY0.08
CHF0.04
EUR0.01
The markets have been trading in a rather tight range this morning, unsurprisingly considering the all important US non-farm payrolls number is to be released later in the day. Asian equities are largely tilting towards the green this morning as a combination of better than expected data from the US last night has kept risk appetite inflated in the build up to the jobs report due out at 1230 GMT....
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Daily Forex News & Commentary: 9-3-2010

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Waiting on Private Payrolls

Markets are anxious ahead of today’s critical payroll report. The Forex Market settled into an easy range during the Asian session and traders don’t seem to be in any kind of hurry to open new positions given the uncertainly of today’s US data. One of the core themes this summer has been the seesawing fate of the US economic data and the probability of a double dip in the wider global economy....
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