Where the tests stringent enough?
The day's big event was the release of Euro-zone bank stress tests, which were set out to gauge whether Europe's banking sector has sufficient capital.
USD Modestly Lower Ahead of Employment Data The dollar traded mostly lower on Thursday ahead of important US employment data on Friday. The dollar index, down for six out of the last seven days, (more)
Forex update Fri Sep 3 02:07:01 2010 Extract: ’s intraday low was right around the 38.2% retracement of the $1.1880 - $1.3335 level and chartists are eyeing the $1.2875 level as the pair’s next upside target. Traders await tomorrow’s release of U.S. August non-farm payrolls data with many forecasts focusing on job losses of 100,000 last month. This week&# ...
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