Fundamental Analysis Reports wrote an interesting post today on
Here’s a quick excerpt
The contraction of the fourth quarter US GDP, along with softer than expected subsequent GDP reports and a huge weekly jobless report hurt the dollar in morning US trading as expected. But the buck recovered losses in aggressive trading at the end of the month and ahead of the US non-farm payrolls. The risk for the dollar is on the downside, but only for the day. Euro/dollar The euro/dollar gave back early aggressive gains to close virtually unchanged. Today, the risk is on the upside for the

Read the rest of this great post here