日本語
Español
中文
Русский 
- New York 08:10
- London 13:10
- Barcelona 14:10
- Tokyo 22:10
- Sydney 00:10
Market Session Recaps
1
0
Asia Session
Mon, Nov 2 2009, 05:35 GMT
by Forex.com Research Desk
The start of the trading week kicked off with high volatility early in Asia, with JPY opening up strong against the rest of the majors. After finishing the week just over the 90.00 handle, USDJPY opened significantly lower, bottoming out near the 89.20 area. EURJPY also saw a dramatic move to the downside moving to lows 150+ pips lower to around 131.
However, the sell off was short lived, as the Yen seemed to give back most of its gains.
USDJPY would eventually grind back over the 90.00 handle and EURJPY rallied back over 132.50, leaving traders with a chance to catch a short squeeze higher.
The market expects a busy week, with announcements expected from the RBA, FOMC , BoE, and ECB. If that weren't enough for the currency markets to handle, the week will be concluded the Non Farm Payrolls out of the US on Friday.
Upcoming Economic Data Releases (London Session) prior expected
| 0:01 | UK | Hometrack Housing Survey (MoM) | OCT | 0.20% | - - |
| 1:01 | UK | Hometrack Housing Survey (YoY) | OCT | -5.60% | - - |
| 0:30 | AU | House Price Index QoQ | 3Q | 4.20% | 3.00% |
| 0:30 | AU | House Price Index YoY | 3Q | -1.40% | 4.30% |
| 1:30 | JN | Labor Cash Earnings YoY | SEP | -3.10% | -2.10% |
Published on Mon, Nov 2 2009, 05:38 GMT
Archive
- London Session
Published On Mon, Nov 23 2009, 11:36 GMT - Asia Session
Published On Mon, Nov 23 2009, 07:07 GMT - London Session
Published On Fri, Nov 20 2009, 11:37 GMT - Asia Session
Published On Fri, Nov 20 2009, 06:53 GMT - New York Session
Published On Thu, Nov 19 2009, 22:07 GMT
Forex.com
| 44 Wall Street, 7th Floor New York, NY 10005-2401
http://www.forex.com/ | info@forex.com
Legal disclaimer and risk disclosure
The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase of sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.