Home > Uncategorized > May 2, 2012 Forex Trade Market Update

May 2, 2012 Forex Trade Market Update

Updates at:  ForexTradeGains.Wordpress.com

May 2, 2012 Forex Trade Market Update
Germany Unemployment Up

                                   

 Currencies and equities are trading lower this morning following weaker data from the U.S. and Europe. The next 2 days will be exceptionally busy in the foreign exchange market with the ECB meeting and non-farm payrolls on the calendar. For only the second time in 15 months, Germany experienced an increase in unemployment. PMI numbers were also revised sharply lower due to a deeper pullback in Italian manufacturing activity.

Reading:
Currency Trading For Dummies
An Introduction to Forex Trading – A Guide for Beginners


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