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1

HEY FRENDZ

I M A FRESHER IN FOREX TRADING AND I M PRACTISING FORM LAST MONDAY ON MY DEMO ACCOUNT AND NOW I HAVE A QUESTION LAST FRIDAY 3/8/2012 EUR/USD GONE UP 270 PIPS HOWEVER THERE IS NO IMPORTANT NEWS CAME FRIDAY 1.Spanish Services PMI,2.Italian Services PMI,3.Final Services PMI4.Retail Sales m/m, AND IN EVENING SESSION I GOT 1. Non-Farm Employment Change,2Unemployment Rate,3.ISM Non-Manufacturing PMI,THESE KNOWS I GOT FRIDAY AND I CANT UNDERSTAND HOW EURO/USD MOVES 270 PIPS UP........?

REGARDS
sUNNY

2

No news there that could do that, It certainly wouldn’t be the NFP…

3

The Non-Farm Payrolls is a very, very important news report as it gives the number of jobs created by non-farming activities in the U.S. This is taken as an indication of the US economy’s health. The report came out much better than expected. This caused a ‘risk-on’ rally. Hence, EUR/USD rallied so much.

4

Actually, it [I]was[/I] because of the NFP.

5

didn’t catch OOPs’ sarcasm, did ya? :stuck_out_tongue:

6

OOPSS!!!
No I didn’t.

7

Sorry couldn’t help it!
/sarcasm off

8

NFP out in the us session bt eur/usd bullish in euro session before nfp out after nfp mkt just voltaile 30 pips only…

9

yaa but if us report came much better than expected than i think euro/usd hav to go bearish not bullish and non form pay rolls out at the us session and it happened at eurpone/berlin session before the non forming pay roll out…