Euro in forex trading

Euro is falling today, in spite of the general inclination toward risk appetite right now. The latest news out of the eurozone is providing disappointment, and that is sending the euro lower in forex trading.

Source: ForexYard US Non-Farm Payrolls Set to Generate Heavy Volatility
Today's US Non-Farm Payrolls figure, widely considered the most significant economic indicator on the forex calendar, is set to generate heavy trading today. At the moment, analysts are predicting that the US added somewhere around 150K jobs in January. Should the final result come in below expectations the USD may come under renewed pressure to close out the week.

There were no trades for me again this week, and I've actually decided to stop trading forex for the time being. (...)

Focus on other data, and risk aversion, in the FX market

Initial jobless claims fell last week, but the news isn't spurring risk appetite. Instead, forex traders are focusing on other news right now.

The biggest worry of the Forex market is now Greece. Talks in Greece have been met with skepticism of whether or not the nation can repair its economic situation. The country is looking for a second bailout, but no decision has been officially reached that can grant Greece this privilege.