Friday, February 1, 2008
construction spending
ism services
michigan sentiment index
nonfarm payrolls
unemployment rate
Falling Nonfarm Payrolls Fail to Support EUR/USD
Nonfarm payrolls is one of the most important indicators of the U.S. economy’s health. Market analysts expected it to grow up in January by 50,000. But in reality it didn’t grow at all, instead it dropped by 17,000. At first, this fueled dollar bears’ activity and drove EUR/USD up close to the historical borders, but then, after release of some other important indicators, it went down to about
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