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Showing posts from April 7, 2014

My thought on USD fundamental analysis 07 April 2014

The US Non-Farm Payrolls was posted at 192,000 jobs gains in march. While this is a solid number and pointing to a healthy recover, the market was expecting a higher number at around 200,000. I would advise on holding on to USD as the country is recovering and will still show future growth. Russia is still an unknown variable as their attack on Ukraine seem to have slowed but had shown no sign of withdrawal from Crimea. North Korea with their latest nuclear testing seem to be testing the patient of the South Korea, USA and Japan. China had tighten their monetary policy while at the same time released  mini-stimulus ... take extra care when dealing with China market. I would advise on not trading on precious market for this few weeks as the precious market is jumpy. PLEASE NOTE THAT FOREX TRADING WILL RESULT IN LOSING ALL YOUR MONIES.