Forecasts & Analysis

NASDAQ Composite moved back above the 11,400 level.

The US dollar has plunged against the Japanese yen during most of the week but has seen a stronger than anticipated jobs number grow a monkey wrench into the picture.

The British pound has rallied rather significantly during the week again after initially plunging. However, Friday saw hotter than anticipated employment numbers to re-solidify the resistance.

The British pound has fallen rather hard during the course of the trading week, showing signs of negativity against the yen.

The Euro has been all over the place during the course of the week, as we have seen a lot of questions asked about the risk appetite going forward.

The Australian dollar has chopped around quite drastically during the course of the week, as we continue to try to determine whether or not this is a bear market rally, or if it has legs.

Natural gas pulled back towards $6.60. WTI oil settled near the $81.50 level.

EUR/USD made an attempt to settle below 1.0450. USD/JPY rebounded towards 135.50.

The US dollar has bounced rather significantly during the trading session after initially selling off against the Japanese yen.

The jobs number came out hotter than anticipated in the United States, prompting a rush to the dollar on Friday.