Friday, 4 September 2009

GBP USD forecast today - Non Farm Payrolls and a host of unemployment data should lead to volatile trading - Also GBP ZAR GBP EUR and many more!

Sterling - Dollar should be looking at a relatively volatile day on the markets as we see a vast amount of unemployment data released at lunchtime.

Firstly, the U.S non farm payroll data can be one of the largest market movers over the course of a month. The non farm payrolls cover the number of people in employment in the states for non agricultural business as this can be seasonal and brings vast changes.

The figure predicted can be a huge amount away from the actual figure and as the markets move on rumour as well as fact, whatever had already been priced in may bring large movements.

This is a brief summary of todays report. Click here to read the full report on our main website

If you are buying a property abroad, and want the best exchange rates, just click on the links below to go straight to our main site, or Email Me

www.currencies.co.uk


Have a great day and thanks for reading!

Daniel Wright

No comments: