www.bforex: AUD Weakens a Bit
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02-06-2011
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United States' economic figures carried on to to cause worry amongst investors yesterday as combination of the ISM Manufacturing record and the ADP Non Farm Employment Change stats came in below goals./nThe USD and CHF both got gained strength as the EUR declined to the bottom part of its range./nGold remained steady. However other Commodities declined. And the Australian dollar did become weaker. /nToday weekly Unemployment Claims statistics will come from the U.S. and tomorrow will be vital with the official Non Farm Employment Change figures./nThe United Kingdom will release its Services PMI statistics on Friday also./nEssentially investors are increasingly indicating that sentiment is fragile. /nIf the United States' employment figures continue to underachieve more ‘flight to quality trading’ can be anticipated within the currency markets and global equities.
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