Forex Market Updates & Commentary
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- Canada Ivey Purchasing Manager Better at 64.1 vs 59.7 Survey and Prior of 63.5
- GBPUSD breaks above trend line resistance
- Bullard expects high employment for a while
- Greek Government Official: Papendemos to meet with leaders tomorrow.
- EURUSD moves back toward the days low
- Bobbys Corner-Open Market-Feb.6.2012
- No Greece PSI or austerity agreement sends the EURUSD lower.
- EU says “we’re already beyond deadlines” on Greece.
- German Factory Orders (Dec) 1.7% vs. 1.0% expected.
- Eurozone gov’t debt at 87.4% of GDP in Q3 vs. 87.7% in Q2.
- Eurozone Sentix Investor Confidence (Feb) -11.1 vs -15.0 expected.
- Greek gov’t official says thereis no deadline on Monday for political leaders to respond to bailout terms.
- EUR/USD testing resistance @ 1.30961.
- UK HPI (Jan) 0.6% vs 0.1% expected (-0.9% prior).
- 2-6 Economic Calendar
