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Saturday, February 4, 2012

Data of the work to the bat forecasts, unemployment still falls United States

February 3, 5: 02 pm

The U.S. Bureau of Labor Statistics reported earlier than January pay data non-firm show 243 000 new jobs. Release before surveyed analysts were predicting an increase of only 150,000 new jobs. Data for December revised 203 000 new jobs. Including, the unemployment rate fell yet again, this time to 8.3%, same as the expectations of analysts for the rate remains unchanged.
On Wednesday, ADP reported that only 170,000 new agricultural non-exploitations jobs in December, well off the coast of 185,000 consensus forecast. Who, with the decision of the Federal Reserve to extend the duration of the ultra low rate of interest through 2014, has considerably weakened the Dollar for several days.
Some traders OpenBook were convinced that data from work today to continue its upward trend and meet or even beat expectations, and traders were short the EUR/USD pair in anticipation.
Just forward the announcement, sentiment on the OpenBook is bullish and the EUR/USD pair more rated 1.3172, took a quick dive a few minutes later to opening prices the day that their bounces back quickly. It took a full 20 minutes before the couple lost steam and directed in negative territory. This wording of the pair is trading less than 1.3103 and feeling turned down.
OpenBook guru pyruss, which had closed with profit of long positions of the data dissemination, closed with profit both long and short position once his targets had been met. Guru robepu was able to liquidate a long position at 1.3189 with a gain of 23.26% of the moments just after the announcement.

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