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Title: Can This Week's US Data Help Boost "US Recovery is Gaining Momentum" Story?

Can This Week's US Data Help Boost "US Recovery is Gaining Momentum" Story? We have been through a week that revolved around moves in equities - a slide due to the fear of China tightening rates and bond markets - that punished the government bonds of periphery Euro-zone nations on the back of possible default by Ireland. The USD benefited from both of these developments as it was bought as a safe haven. This week, the focus may return a bit more to fundamental data as traders and investors try and gauge the strength of the US economy. On November 5th the US released its monthly jobs report (Non-Farm Payroll) and it showed the economy adding 151K jobs, mainly in services. That had followed gains in activity in both the ISM Manufacturing Index which climbed to 56.6 in Oct from 54.4 in ...

Tags: week's us data • can this week's us data

FOREX stands for Foreign Exchange - which means currency market. The Forex market is where currencies are sold, bought, in the form of parity. On the Forex market, all currencies are traded in real time, 24h/24h, 7J/7J. The Forex is open since few years to individuals, single investors wishing to diversify their investments or pure speculators. The access to foreign exchange market for individuals is offered through Forex Brokers.
BEWARE: FOREX is a market made volatile by the leverage which is offered to you. Consequently, a risk of important financial losses is always present. Tribuforex provides his internauts some trade ideas and analysis, but will not be responsible in case of losses. The main goal of www.tribuforex.fr is to offer a tool allowing traders to share forex between them.