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Starting the day

Posted on January 7, 2009 at 9:38 in Starting the day by Valeria Bednarik

Hello everybody and welcome! No more to add about what happened yesterday, as you can read last hours post. Dollar is loosing ground yet German Unemployment rose 18 K over the month bringing the jobless rate to 7.6%, seems the economic slowdown has started to reach the labor market there. Today we only have to pay attention to the ADP in the U.S. a private survey ahead of this Friday Non Farm Payrolls, although we have other minor reports, you can check following this link:

http://www.fxstreet.com/fundamental/economic-calendar/

Be back in a while starting with today technicals. Have a great day!

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