By FXEmpire.com – Analysis and Recommendations:
The GBP/USD is currently trading at 1.5861 continuing to move up strong on positive UK data. Opening today at 1.5759
The ADP jobs reports came in below forecast but still showed the addition of jobs in both the public and private sector. Employment in the U.S. nonfarm private business sector increased by 170,000 from December to January on a seasonally adjusted basis. The estimated advance in employment from November to December was revised down to 292,000 from the initially reported 325,000. Employment in the private, service-providing sector rose 152,000 in January.
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By FXEmpire.com – Analysis and Recommendation: ( closed of asian session )
AUD/USD was trading at 1.0609
The AUD fell today, on reports shoing weaken Australian housing market on fears the economy may be cooling. The Australian Bureau of Statistics reported that the House Price Index, which measures home values in the country’s eight state capitals, fell by 1.00% in the fourth quarter of 2011, well below market expectations for a -0.60% figure.
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This is a list of the major events (News) for Thursday – February 02, 2012 that will move the markets around the globe.
All times are given in GMT.
Thursday – 02/02/2012
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The market was lower amid choppy trade as weighed down by banks and technology shares. However, automatic shares and index heavyweight Reliance Industries were encouraging The Sensex was drop 76 points at 17,117.91 and the Nifty down 22.65 points to 5,176.60.
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