Analytics, News, and Forecasts for CFD Markets: currency news — 02-11-2012.

Today, during the day, the euro showed a steady and significant decline against the dollar ahead of the release of the change in the number of people employed in non-agricultural sectors of the economy. Many market participants had pinned great hopes on him, and were pleasantly surprised when it became known that the number of employees increased by 171 thousand, which was much higher than forecast at 120 thousand Note also that positive news was the fact that the figure for the previous month was revised up from 114,000 to 148,000. At the same time, the data showed that the unemployment rate grew to 7.9%, which is fully in line with forecasts, and almost no effect on the mood of traders.

The Canadian dollar traded slightly lower against the dollar before the release of a report from the U.S. and Canadian data. But after the publication of the exchange rate has appreciated sharply. Note that the Canadian data were not as positive as in the U.S.. It is learned that the number of employees increased by only 1.8 thousand, while the projected growth of 7.5 thousand.

Pound during the day was down against the dollar, and could not make a difference, even after a report showed that the index of business activity in the construction sector has exceeded the level of 50 in October and was 50.9, while analysts expected a drop in the index to the level of 49, 1 from 49.5 in September. Once the data released by the U.S. the pound continued to fall, but at a faster pace.

Yen during trading showed a slight decline against the dollar, but after the publication of data from the U.S., the rate fell sharply while still achieving the highest level since April 27.

EUR / USD: during the European session, the pair set a minimum level of $ 1.2846, and is now trading at

GBP / USD: during the European session, the pair showed a significant decline, setting all-time low of $ 1.6025

USD / JPY: during the European session, the pair rose sharply to reach Y80.68

At 14:00 GMT the U.S. are data on factory orders for September. At 18:25 GMT the United States with a speech vіstupit member Federal Open Market Committee D. Williams.

GBP/USD

Bids $1.6050, $1.6010/00

Bids $1.0350, $1.0320, $1.0305/00

EUR/JPY

Offers Y104.50, Y104.20, Y104.00

Offers Y80.80, Y80.40

Bids Y80.00, Y79.80/70, Y79.40

Offers stg0.8100, stg0.8080

Bids stg0.7950, stg0.7945/40

The yen extended weekly drops against its major peers as signs of economic weakness along with earnings disappointments at technology companies spurred speculation the Bank of Japan will expand monetary easing. The currency held a three-day slide versus the euro after minutes of Oct. 4-5 policy meeting showed BOJ board members said the nation may have entered a recessionary phase.

The dollar was 0.2 percent from a four-month high versus the yen after U.S. data fanned expectations employment figures today will point to a recovery in the world’s biggest economy. The U.S. Labor Department is likely to say today that a net 125,000 jobs were added to payrolls last month following an increase of 114,000 in September, according to the median estimate of economists surveyed by Bloomberg News. The unemployment rate probably rose to 7.9 percent from a three-year low of 7.8 percent, a separate survey showed. Applications for jobless benefits fell 9,000 to 363,000 in the week ended Oct. 27, the Labor Department said yesterday. A separate report from ADP Research Institute showed that companies increased payrolls in October by 158,000, the most since February.

Implied volatility of three-month options for G-7 currencies fell to 7.37 percent, the lowest since October 2007, according to the JPMorgan G7 Volatility Index. A decrease in price fluctuations makes investments in currencies with higher lending rates more attractive because risk becomes smaller that market moves will erase profits on such trades.

EUR / USD: during the Asian session the pair fell to the previous day's low.

GBP / USD: during the Asian session the pair fell to $1.6100.

USD / JPY: during the Asian session, the pair rose to Y80.30, updating weekly high.