Saturday, April 5, 2008

Forex Video - US Dollar Dips As NFPs Post Worst Reading in 5 Years, BOE Could Weigh on GBP/USD Next Week

Written by Terri Belkas and John Kicklighter, Currency Analysts

· US dollar ends day slightly lower against the euro and yen as US non-farm payrolls disappoint.
· Big event risk looms next week from BOE, ECB rate decision on Thursday, US calendar relatively thin.

Stories to watch on DailyFX

· What did the US non-farm payrolls report tell us? Check out our NFP Instant Insight
·
Carry trades remain at risk, and according to Technical Strategist Jamie Saettele, the EUR/JPY Decline is Far From Over

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