Hi my name is Andrew Timothy and i am Expert of Forex trading working in the Saxo Bank. in today's post i am going to share with you the weekly forex trading market updates. i will be telling you that what happened in Forex Trading Market during the last week. the biggest update of this week in forex trading market is USD and how it is gaining yields higer in the money rates. if we see the Asia market of money it will be suggesting a update of very tricky mood in Forex Market. now lets see out the major headlines which took place this week in the market of forex trading. the jobless claims where increased by 43% in money rate 500k expected bounds. on the next day of the week it continue to revised from 400k money rate of interest.
In New Zealand during the week the Forex Market actually got crashed which was a big upset for all the investors of forex trading. NZ$ 263 mln prior of forex trading rate of money increased more and next day conference of board that leading to money was taking place in money. 1.7% expected rate was gone down to 0.9% and it was a big shock for market. Nat’l CPI as it was expected to increase by 10% surely increased 10% that is a very goods sign but the production in industry was more over and it got revised over 56%. now i will be writing about themes that are needed to watch in the upcoming sessions. like if we see the Summit of EU that is going on in EU of ECB the bini money will Sweden rate of trade balance is needed. in UK the total rate of demand is depending on the investment rate. if we come towards market of US the Q4 rate goes on and Fed of money in US is compared to Forex trading market of money. In the end i will be giving some comments on the market updates. it would be taking a while to increase current sage of USD dollar exchange rate but the bull will go out. The Eur that was coming out of need it was included in the bailout plan of US. GBP and the IMF where directly involve in all this which came as auction of 8 years in data gone front out. Discount rate increased due to it and Asia and China interest rate was on. Unemployment in Norway also effected it alot. inflow of capital is the last point despite early signs of recovery the economy was week.
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