Daily Fundamental Report 6.3.2009

In the United States of America Today issued the monthly jobs report, which is expected to show an increase in the
number of posts that have been lost that the current expectations on the report of the monthly jobs report indicates
that this month will carry within it the highest level of loss of jobs from more than 60 years, since the expectations in
the market now is the low value of 650 thousand jobs in reading compared to the previous low value of 598 thousand
jobs, and had been the custom, my dear reader, over the past months that, whatever the reading of the ADP jobs
report, the low reading of the monthly jobs report is always the worst of them, and if we adopt this theory today Dear
reader, have dealt with jobs lost this month for the 700 thousand , and from this perspective we see that economic
conditions in the United States of America worsening day after day, and that even the new standards by the
Government of Mr. Obama's declaration during the last period may not be sufficient to help economy. These
reductions were the result of the deterioration of economic conditions in general at the global level or at the European
level, where economic conditions have deteriorated in the euro area after the hit by the worst financial crisis since the
Great Depression, where the major economies of the region contracted sharply and appeared to us today the gross
domestic product of the region to show the contraction of the region in the last quarter of the previous year is
considered as the contraction for the third quarter in a row, which means that the continuation of the deepening
recession in the region, and the worst since its inception ten years, and high rates of unemployment with a high risk of
inflationary recession
As of yesterday, or was on the interest rate day, where each of the European Central Bank and Bank of England to cut
interest rates by about 50.0 basis points, bringing the interest rate for the euro to a record 1.50% and the interest rate
on the foreign exchange ratio of 0.50% ownership. This is the lowest level reached, interest rates at all, both for the EU
and British Central Bank.
The Euro rise again today after declined yesterday, which had the effect of the decision to reduce interest rate on the
euro in the European region, while the Euro looks strong so far but we expect to begin trading in the calm and the pair
comes in the wave of trading side at the moment during the coming period, and by the time the transaction report, and
in the case of the rise will be the first goal of the pair at the bottom level 1.2718, while if it began to go down it will be
the first goal of the husband in descending 1.2560 level, but we will have to wait for some time even seen in any way
the pair will be moving.