HomeDaily Market News – January 7th, 2016BusinessDaily Market News – January 7th, 2016

Daily Market News – January 7th, 2016

Yesterday, the American dollar got benefits from the strong economic data of the US Labor market. According to ADP agency, private businesses in the United States hired 257 thousand workers in December of 2015.It is the highest employment gain since December of 2014 and much better than market expectations of a 192 thousand rise. Thanks to the statistics the EUR/USD pair fall to the level of 1.0710. The resurgence of the risk aversion has helped the EUR/USD to regain ground lost in recent sessions and climb to daily tops near 1.0820. The key resistance levels for the bulls are 1.0840 and 1.0875. The support levels for the euro are 1.0770 and 1.07450 […]


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