Up-to-date Forex Analysis - 8.1.08

forextrader73 · #1 (**permalink**) 01-08-2008, 01:03 AM

Read the latest forex analysis:

Oil continues pulling back despite tensions in the Gulf

"The Japanese Yen (JPY)
Was weaker against the US dollar for the first time in eight forex trading days on speculation that global growth may withstand a slowing US economy..."

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forextradingonlineinfo · #2 (**permalink**) 01-08-2008, 02:05 AM

It is a quiet week in the US in terms of data to be released. Pending Home Sales and Trade Balance data being the only key events this week.

Last week did not finish well for the US as the Non Farm Payroll (NFP) was at only 18k jobs.