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NFP Analysis: 7 reasons why the Fed is likely to hike in September with big sweeteners

NFP Analysis: 7 reasons why the Fed is likely to hike in September with big sweeteners

Sep 4, 2015 15:09
The NFP report gave a little for everybody: weak headline number with 173K but positive revisions and annual wage growth rising to 2.2%. Also other factors are mixed: US...

Majors»

USD/JPY Aug. 31-Sep. 4

USD/JPY Aug. 31-Sep. 4

Aug 30, 2015 10:40
USD/JPY plunged to start off the week but recovered and ended the week unchanged. The upcoming week has seven events, highlighted by Average Cash Earnings. Here is an...
  • EUR/USD Forecast Aug. 31 – Sep. 4
    EUR/USD Forecast Aug. 31 – Sep. 4
    Roller coaster does not begin to describe the week that EUR/USD underwent. A leap to highs unseen in months continued...
    on Aug 30, 2015 08:48
  • Forex Weekly Outlook Aug 31-Sep 4
    Forex Weekly Outlook Aug 31-Sep 4
    Markets did not go on an August vacation in a week that saw extreme volatility. The US dollar emerged as a big...
    on Aug 28, 2015 18:28
  • GBP/USD Forecast Aug. 24-28
    GBP/USD Forecast Aug. 24-28
    GBP/USD had a largely uneventful week and closed almost unchanged. The pair closed the week at 1.5670. This week’s...
    on Aug 23, 2015 21:35

Minors»

USD/CAD Forecast Aug. 31-Sep. 4

USD/CAD Forecast Aug. 31-Sep. 4

Aug 30, 2015 20:15
USD/CAD gained strength early in the week but then retracted and was almost unchanged on the week, as the pair closed just under the 1.32 line. There are six events this...
  • AUD/USD Forecast Aug. 31-Sep. 4
    AUD/USD Forecast Aug. 31-Sep. 4
    AUD/USD started the week with sharp drops due to the China crisis, but recovered and ended the week with modest...
    on Aug 30, 2015 20:15
  • GBP/USD Forecast Aug. 31-Sep. 4
    GBP/USD Forecast Aug. 31-Sep. 4
    It was a dismal week for GBP/USD, which plunged almost 300 points. The pair closed the week at 1.5384, its lowest...
    on Aug 30, 2015 14:37
  • NZD/USD Forecast Aug. 31 – Sep. 4
    NZD/USD Forecast Aug. 31 – Sep. 4
    The New Zealand dollar suffered badly from the global stock market crash but managed to recover. What’s...
    on Aug 30, 2015 10:44

Basics & Industry»

Forex Crunch Key Metrics August 2015

Forex Crunch Key Metrics August 2015

Sep 1, 2015 10:27
The month of August usually sees a slowdown due to summer vacations, but this year it wasn’t too pronounced as the Chinese crisis rocked markets. In September, the...

Recent Articles

NFP Analysis: 7 reasons why the Fed is likely to hike in September with big sweeteners

NFP Analysis: 7 reasons why the Fed is likely to hike in September with big sweeteners

If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting!The NFP report gave a little for everybody: weak headline number with 173K but positive revisions and annual wage growth rising to 2.2%. Also other factors are mixed: US data such as GDP looks good but the world looks weak, especially China. [&hellip

Non-Farm Payrolls +173K, other data positive – USD rises

Non-Farm Payrolls +173K, other data positive – USD rises

Less job growth than expected: only 173K in August, but revisions are positive, 44K and so are wage gains, +0.3% m/m and 2.2% y/y. The unemployment rate is down to 5.1%. After the initial drop, the dollar is up. The US was expected to create around 220K jobs in August. The unemployment rate was predicted to drop to [&hellip

Canadian jobs +12K, unemployment rate 7% – USD/CAD falls

Canadian jobs +12K, unemployment rate 7% – USD/CAD falls

A better than expected jobs report from Canada: 12K jobs were gained in August, far better than a loss predicted. The unemployment rate rose by 0.2% to 7%, but this is due to a positive development: a rise in the participation rate from 65.7% to 65.9%. USD/CAD is lower, under 1.32. The US NFP was [&hellip

USD Index – Two Scenarios, Both Bullish – Elliott Wave Analysis

USD Index – Two Scenarios, Both Bullish – Elliott Wave Analysis

Today, markets are waiting the all-important NFP release. A strong reading could stimulate the Fed to raise rates in its upcoming meeting. In this case, the USD is likely to rise sharply against major currencies, particularly the EUR which is the weakest, since Draghi announced he is open for more QE if required. Technically speaking, [&hellip

AUD/USD settles under 0.70 as global mood darkens

AUD/USD settles under 0.70 as global mood darkens

After the rally, the Australian dollar is down under once again, down under 0.70 and this time it may be here to stay. There wasn’t any news item coming from China or from Australia, but rather a gloomier mood for markets in the second round of digesting what came out of the European Central Bank. The first [&hellip

ECB To Continue Its QE Purchases Beyond September 2016 – Danske

ECB To Continue Its QE Purchases Beyond September 2016 – Danske

Mario Draghi said his word and sent the euro down. What does this mean in the long run? The team at Danske explains why the ECB will extend its QE program beyond 2016: Here is their view, courtesy of eFXnews: ECB president Mario Draghi was very dovish at today’s ECB meeting and we now expect the ECB [&hellip

Tension rises before the NFP release

Tension rises before the NFP release

The FOMC rate decision nears, now under two weeks away and it is still the view of many that today will be the last nonfarm payroll figure before the Federal Reserve commences its rate tightening cycle. In order to see the first hike in over nine years this month we will have to see a [&hellip

CAD, AUD and NZD rallying on the ECB’s message

CAD, AUD and NZD rallying on the ECB’s message

The dovish message by Mario Draghi has hurt the euro, and was probably designed to do so. A secondary effect is now seen: commodity currencies are rising. CAD, AUD and NZD are strengthening against the US dollar and even more against the euro. Here’s why they are strengthening and defying their own problems. The 3 charts below [&hellip

EUR/USD: Trading the US Non-Farm Payrolls

EUR/USD: Trading the US Non-Farm Payrolls

US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Update: Non-Farm Payrolls +173K but other data is positive [&hellip

Draghi elegantly joins the currency wars – what he did and what it means

Draghi elegantly joins the currency wars – what he did and what it means

Draghi dragged down the euro and kept the drama going on. On his 68th birthday, the ECB president gave one of his best shows. He managed to push down the euro with minimal action and no commitment at all. Draghi showed his strength and quickly passed the ball to the others’ courts as if nothing had happened. Here is a [&hellip

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