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By: Jutia Group
March 09, 2012 at 02:13 AM EST
US Non-Farm Payrolls Set to Generate Heavy Market Volatility
Source: ForexYard US Non-Farm Payrolls Set to Generate Heavy Market Volatility Investor optimism that Greece would successfully execute an important debt-swap, boosted riskier assets throughout yesterday's trading session. As a result, the EUR/USD shot up over 100 pips during the European session, reaching as high as 1.3272. Today, the US Non-Farm Payrolls figure is forecasted to generate significant market volatility. Assuming the indicator comes in as expected, risk taking may increase, which could help the euro extend yesterday's gains. Economic News USD – US Employment Data May Lead to Dollar Gains The US dollar took some losses against its riskier currency rivals yesterday, after positive euro-zone developments caused investors to move away from safe-haven assets. Against the euro, . . . → Read More: US Non-Farm Payrolls Set to Generate Heavy Market Volatility
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