Breaking news
Featured
US Session
US Payroll Plunge Signals Deep Recession, Rate Cuts
The U.S. recession deepened last month as U.S. companies shed jobs at the fastest rate in more than 30 years, pushing the unemployment rate to its highest level in 15 years. The figures suggest the year−long U.S. recession may approach or even exceed the 1981−1982 downturn in severity, and support expectations that Federal Reserve officials will soon lower interest rates to levels not seen in a half century.
More News from The Editor's Desk
All about the NFP
BRIEF-US Senate Leader Reid says automaker collapse must be averted
Thomson Financial News | Fri, Dec 5 2008, 16:08 GMT
TREASURIES-Bonds ease, dearth of buyers w yields at 50-yr lows
Thomson Financial News | Fri, Dec 5 2008, 16:02 GMT
U.S. recession to deepen in coming months - ECRI
Thomson Financial News | Fri, Dec 5 2008, 15:45 GMT
Webinar
Understand & Use Fibonacci Ratios Effectively
Expert: Sunil Mangwani
Start: Mon, Dec 8 2008, 10:00 GMT
Sponsored by: 
The editor's selected blogs
Dec 5, 15:42 GMTFX Path: USD/CAD − Four−Year High Triple−Tested by James Chen by James Chen
As of Friday morning in New York, price action on the USD/CAD daily chart (as shown) has shot up to re−test the 4−year high in the pair (1.2980−1.3000) once again. This now constitutes a triple−tested high.
The Advisor Blog: Non Farm Payrolls numbers by Valeria Bednarik
Currencies at a glance
Currencies
Risk Aversion to Dominate after Exceptionally Poor Job Report from US and Canada by ActionForex.com
Yen is noticeably higher across the board after the release on anticipation of lower open in the US stock markets. While USD/JPY should continues its slide, dollar could gains against commodity currencies on risk aversion.
More Technical data and reports on the Technical Section
USD/JPY (Dec 05 at 16:36 GMT)
92.04/07 (-0.18%)
H 92.6 L 91.57
| S3 | S2 | S1 | R1 | R2 | R3 |
| 91.7468 | 91.8412 | 91.9356 | 92.1244 | 92.2188 | 92.3132 |
| [?]Trend Index | [?]OB/OS Index |
| Neutral | Neutral |
| Data updated on Dec 05 at 16:35 (15-minute timeframe) | |
All about USD/JPY
USD/JPY, the Dollar is heading to 90
FXstreet.com | Fri, Dec 5 2008, 15:41 GMT
Dollar Hits Fresh Six-Week Low Vs Yen After US Jobs Report
Dow Jones | Fri, Dec 5 2008, 14:03 GMT
GLOBAL MARKETS-Stocks, oil fall, yen rises after US jobs data
Thomson Financial News | Fri, Dec 5 2008, 13:56 GMT
CORRECTED-GLOBAL MARKETS-Asia shares edge up; caution before US data
Thomson Financial News | Fri, Dec 5 2008, 10:34 GMT
BOJ FOCUS-New BOJ steps may ease strains, but no panacea
Thomson Financial News | Fri, Dec 5 2008, 10:20 GMT
EUR/USD (Dec 05 at 16:36 GMT)
1.2640/42 (-1.06%)
H 1.28 L 1.2625
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.2595 | 1.2611 | 1.2627 | 1.2659 | 1.2675 | 1.2691 |
| [?]Trend Index | [?]OB/OS Index |
| Strongly Bearish | Neutral |
| Data updated on Dec 05 at 16:34 (15-minute timeframe) | |
All about the EUR/USD
WRAPUP 2-US job losses worst since 1974 as downturn deepens
Thomson Financial News | Fri, Dec 5 2008, 15:15 GMT
2nd UPDATE: US Job Plunge Signals Deep Recession, Rate Cuts
Dow Jones | Fri, Dec 5 2008, 15:15 GMT
Real-Time Economic Calendar
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 5 | 13:30 | US | Average Hourly Earnings (MoM) (Nov) | 0.4% | 0.2% | 0.2% |
| 13:30 | US | Average Hourly Earnings (YoY) (Nov) | 2.8% | 2.9% | ||
| 13:30 | US | Average Weekly Hours (Nov) | 33.5 | 33.6 | 33.6 | |
| 13:30 | US | Nonfarm Payrolls (Nov) | -533K | -325K | 320K |
|
| 20:00 | US | Consumer Credit (Oct) | $1.5B | $6.9B | ||
| Dec 7 | 23:50 | JP | Adjusted Current Account (Oct) | ¥970.5B | ||
| 23:50 | JP | Money Supply M2+CD (YoY) (Nov) | 1.8% | |||
Live Sessions
Monthly Webinar
Longer-term Support and Resistance Trading: Setups and Rules
Expert: Rob Booker
Start: Tue, Dec 9 2008, 17:00 GMT
Featured Webinar
Obamanomics 2009: How to Survive and Prosper in Accelerating Credit Bubble Crisis Ahead
Expert: John W. O'Donnell
Start: Wed, Dec 10 2008, 17:00 GMT
Research
New Contributors on FXstreet.com
Currency on the Day - EUR/USD by Forex-Trends.com
Fri, Dec 5 2008, 09:24 GMT
Daily Video Recap - ECB and BOE Cut Rates in Attempt to Support Economies, Euro Strengthens by CMS Forex
Fri, Dec 5 2008, 08:20 GMT
FX Levels for Today - FX Levels for Today December 5, 2008 by Top Trader Thinking
Fri, Dec 5 2008, 02:16 GMT
Market Opinion - Markets volatile as the big 3 automakers CEO's meet on Capitol Hill. by ForexAmericas
Fri, Dec 5 2008, 00:15 GMT
Live Daily Broadcast - Today's Live Show by AllThingsForex
Thu, Dec 4 2008, 17:54 GMT
Most Popular Content
CBOT DJIA Index Options Volume And Open Interest - Dec 5 by Dow Jones
Fri, Dec 5 2008, 14:04 GMT
Today's Technical Trading Points by Danske Bank A/S
Fri, Dec 5 2008, 07:57 GMT
Mid-Day Forex Technical Report - Risk Aversion to Dominate after Exceptionally Poor Job Report from US and Canada by ActionForex.com
Fri, Dec 5 2008, 13:52 GMT
CBOT DJIA Index Options Volume And Open Interest - Dec 4 by Dow Jones
Thu, Dec 4 2008, 14:40 GMT
Currency Majors Technical Analysis by Mataf.net
Fri, Dec 5 2008, 07:01 GMT
Latest Updated Reports
USA: Awful employment report by Danske Bank A/S
Fri, Dec 5 2008, 16:02 GMT
U.S Market Update by TradeTheNews.com
Fri, Dec 5 2008, 15:56 GMT
The Energy Report - Change back from your dollar by Alaron
Fri, Dec 5 2008, 15:53 GMT
Forex Technical Report - Euro Beginning to Look More Attractive by ForexHound.com
Fri, Dec 5 2008, 15:45 GMT
Friday Notes - Let's talk about US deflation by HVB Group
Fri, Dec 5 2008, 15:43 GMT
