Top Foreign Currency Trading Picks

Japanese Gross Domestic Product - An End To Yen's Trend? (TradingMarkets.com via Yahoo! Finance)
Japan's gross domestic product is the broadest measure of economic health available, therefore forex traders and economists will pay close attention to Monday's release.

Forex investors await jobs data for direction (Financial Times)
The dollar held steady against a basket of competitors early on Friday as traders braced themselves for the release of US employment data later in the day.

Automated Forex Signals See EUR/USD Trade In The Works (Daily FX)
Our Forex Automated Trading Signals have hinted at a possible EURUSD trade in the coming minutes. Looking at our signal below, clues to which strategy will be implemented appear to be seldom. One thing we can deduce is that the trend continues to be southbound.

FOREX-Dollar falls to 6-week low vs yen on payroll shock (Reuters via Yahoo! Malaysia News)
* U.S. payrolls data show steepest fall in 34 years

Forex Traders to Look Past European Data, Focus on Non Farm Payrolls (Euro Open) (Daily FX via Yahoo! Finance)
Forex traders are likely to look past a noticeably uneventful economic calendar to focus on the upcoming US Non Farm Payrolls release late into the session. German Factory Orders data is the only scheduled release, with expectations calling for a -11.2% decline in the year to October.

Forex Automated Trading Signals Buy Into GBPJPY Range (Daily FX)
Our forex Automated Trading Signals bought the British Pound against the Japanese Yen using the Range1 trade. The trade is currently above par, with 44 pips of P/L at the moment.

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