The NFP came out much better than expected on Friday, ( May 2nd : Actual -20 vs Forecast -78 ). We have seen the appreciation of the USD. The EUR/USD has moved down to the 1.5400 region, while the USD/JPY has moved up to the 105.00 region. Will we keep seeing theUSD recover with confidence or are we half- believed in what we have seen? This week has several explosive events. On schedule , we have Gearman factory orders, the central banks’ interest rate decisions and trade balances. It is worth

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This entry was posted on Sunday, May 4th, 2008 at 5:05 am and is filed under Forex Traders Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.