Comments on: Non Farm Payroll – 8th Jan 2010 http://SingaporeForexBlog.com/forex/non-farm-payroll-8th-jan-2010 FX Trading for the Common Man Mon, 12 Jul 2010 05:23:56 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Kelvin http://SingaporeForexBlog.com/forex/non-farm-payroll-8th-jan-2010/comment-page-1#comment-5668 Kelvin Sun, 10 Jan 2010 01:05:57 +0000 http://SingaporeForexBlog.com/?p=332#comment-5668 great post bro. great post bro.

]]> By: Seeni http://SingaporeForexBlog.com/forex/non-farm-payroll-8th-jan-2010/comment-page-1#comment-5664 Seeni Sat, 09 Jan 2010 08:57:35 +0000 http://SingaporeForexBlog.com/?p=332#comment-5664 Over-optimism it was indeed, as numbers came out a -84k instead of the expected -3k. We did see some immediate weakening of USD against most majors but it was quickly stabilized. The lows/high of immediate effects taken in the first 45-60mins, set the eventual price zones for the day. Positive unemployment rate did help, albeit with a negligible margin, to perhaps ease fears that things are indeed on the longer road to recovery, though the road just seems a bit longer than what last month's data projected. Over-optimism it was indeed, as numbers came out a -84k instead of the expected -3k.

We did see some immediate weakening of USD against most majors but it was quickly stabilized. The lows/high of immediate effects taken in the first 45-60mins, set the eventual price zones for the day. Positive unemployment rate did help, albeit with a negligible margin, to perhaps ease fears that things are indeed on the longer road to recovery, though the road just seems a bit longer than what last month’s data projected.

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