Russian English German Italian Spanish Portuguese Chinese French Japanese Korean
NEWS DIRECTORY FORUM FINANCIAL FORECASTING FOREX GUIDE
Members access
Email:
Password:
home based business opportunity

Sign up now.
Forgot password?

Choose Category
 Forex Forecasts
 USMarket
   
   INFORMATION
 About
 Business support
 Feedback
 Forex informers
 Easy Forex
 Glossary
 Forex Market
 Forex Brokers
 Forex Trading

Customer quotes

I tried a lot of paid forecasts and signals but I didn`t meet such quality forecasts. I `ve been looking for 2 months and checking positions - the result is fabulous, it`s easy to follow predictions and the statistics is genuine true! Thanks for being OpenForex

Serg Berg

D

Contact

  Email: click here
  Tel: +1 312 2390929

Forex · News · Forex Forecasts

NEWS / Forex Forecasts

Market’s daily review

15:17 05/08/2006

At Friday tenders the American currency slumped against the basic currencies.

The reason of decrease in a dollar exchange rate became the publication of data of the US labour market survey, in particular, lower value of nonfarm payrolls.

Thus, the American currency dipped almost 90 points against the European currency.

However the further growth of the euro rate against the dollar constrains a little higher value of average hourly earnings index in the USA.

On Friday the US Department of Labor informed that nonfarm payrolls in the USA in April was up 138000, and the unemployment rate did not change and made 4,7 %.

Growth of employment in April was below analysts’ forecasts, who expected increase in nonfarm payrolls of 190000.

The previous value was revised from 211000 to 200000.

The parameter reached a minimum level since October of the last year. The nonfarm payrolls for two last months reduced 36000as a whole.

According to the published data, the hourly payment in April grew 3,8 % in comparison with April, 2005.

Annual growth of this parameter became the most significant since August, 2001.

The consumer credit in the USA made +2.5 billion dollars for March at the forecast +1.0 billion dollars.

The previous value made +3.3 billion dollars.

The reserve bank of Australia, RBA, declared on Friday, on May, 5th that according to its expectations, increase of the rate on May, 3rd is enough to constrain acceleration of inflation.

Thus, Reserve Bank of Australia left the forecast of net inflation constant at a level of 2.75 %.

It informs that economic growth will accelerate rates between 3 % and 3.5 % this and next year.

Economists have regarded the statement of the Central Bank as the indication that in the near future the rate increase of not repeat.

* Printer-Friendly Version * Send This Page * Add to Favorites * Comments
Prev All News Category News Next

World Time
Calendar
 March, 2006
Sun Mon Tue Wed Thu Fri Sat
      01 02 03 04
05 06 07 08 09 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  
Forex NewsAdvertise
Resource
Forex Forex Guide
Forex Analysis Forex News
Forex Broker Foreign Exchange
Forex Directory Russian Forex
World Market
Market Snapshot
Stock Quotes

Partners

| Forex Trading | Business catalog | China Real Estate | Forex Broker | Forex Market | Forex Forum |
© Copyright 1998-2011 OpenForex.com - forex trading, brokers, financial forecast