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NFP cements removal of “patience” – June hike looks real

NFP cements removal of “patience” – June hike looks real

Mar 6, 2015 14:36
The solid Non-Farm Payrolls report completes the picture for the Fed move. Janet Yellen already prepared us for a removal of forward guidance in March during her battled testimony...

Majors»

Forex Weekly Outlook March 9-13

Forex Weekly Outlook March 9-13

Mar 6, 2015 16:55
te decision in New Zealand, Employment figures from Australia and Canada, Retail sales, PPI, Unemployment claims and Consumer sentiment from the US are the top events on FX...
  • GBP/USD Forecast Mar. 2-6
    GBP/USD Forecast Mar. 2-6
    The British pound posted slight gains last week, as GBP/USD closed at 1.5426. This week’s highlights are...
    on Mar 1, 2015 12:57
  • USD/JPY Forecast Mar. 2-6
    USD/JPY Forecast Mar. 2-6
    USD/JPY posted slight gains last week, as the pair closed at 119.57. There are seven events this week. Here is...
    on Mar 1, 2015 11:13
  • EUR/USD Forecast Mar. 2-6
    EUR/USD Forecast Mar. 2-6
    EUR/USD finally fell out of range and closed the week on lower ground. Is this the beginning of a fall to new...
    on Feb 28, 2015 14:00

Minors»

AUD/USD Forecast Mar. 2-6

AUD/USD Forecast Mar. 2-6

Mar 1, 2015 18:50
The Australian dollar posted slight losses last week, as AUD/USD closed at the 0.78 line. The upcoming week is a busy one, with 14 events. Here is an outlook on the major...
  • USD/CAD Forecast Mar. 2-6
    USD/CAD Forecast Mar. 2-6
    USD/CAD showed movement in both directions but closed the week almost unchanged at the 1.25 line. There are...
    on Mar 1, 2015 15:04
  • NZD/USD Forecast Mar. 2-6
    NZD/USD Forecast Mar. 2-6
    The New Zealand dollar as most data remained positive for the local economy. The bi-weekly dairy event is the...
    on Mar 1, 2015 11:19
  • USD/JPY Forecast Feb. 23-27
    USD/JPY Forecast Feb. 23-27
    USD/JPY was unchanged for a second straight week, as the pair closed just below the 119 line. There are seven events...
    on Feb 22, 2015 15:29

Basics & Industry»

Zero Gravity

Zero Gravity

Mar 2, 2015 08:27
I remember taking off a t-shirt and throwing it across the room in anger and frustration in 2009. It seems quite funny now! Thinking about trading I can see why many people...

Recent Articles

Forex Weekly Outlook March 9-13

Forex Weekly Outlook March 9-13

te decision in New Zealand, Employment figures from Australia and Canada, Retail sales, PPI, Unemployment claims and Consumer sentiment from the US are the top events on FX calendar. Let’s see, in detail, the main market movers for this week.   Last week, another robust reading from the US job market. The all-important NFP release

USD/CAD makes a clear breakout after strong NFP

USD/CAD makes a clear breakout after strong NFP

The Canadian dollar had its moments in the sun, enjoying positive Canadian data and a more upbeat message from the BOC. All this was not enough against the mighty US dollar: the excellent Non-Farm Payrolls report from Canada’s southern neighbor sent the greenback soaring, and USD/CAD followed. As the chart shows, Dollar/CAD broke out of

This week in the markets: The euro hits an eleven and a half year low

This week in the markets: The euro hits an eleven and a half year low

The two main events this week were the ECB monetary policy announcement and the US non-farm payrolls report. As expected, the ECB left rates on hold. The bank upgraded growth forecasts but, as President Draghi delivered details about the quantitative easing programme, EUR/USD broke down through $1.10 to an eleven and a half year low.

EUR/USD breaches low support after the NFP – but could it be false?

EUR/USD breaches low support after the NFP – but could it be false?

Following the great NFP report in the US, EUR/USD extended its falls and lost another round level: 1.09. The low so far is 1.0870, and this is below the October 1999 high of 1.0910. It is also below a trend line that can be drawn from the early days of the millennium. The next support is still far,

In Like A Lion

In Like A Lion

The American job market is roaring ahead. According to non-farm payroll numbers released this morning, the US economy created more than 295,000 jobs in February, driving the unemployment rate down to 5.5%. This result exceeded expectations across the board – before the announcement, many analysts expected a small seasonal dip to drive the number closer

NFP cements removal of “patience” – June hike looks real

NFP cements removal of “patience” – June hike looks real

The solid Non-Farm Payrolls report completes the picture for the Fed move. Janet Yellen already prepared us for a removal of forward guidance in March during her battled testimony on Capitol Hill. She also repeated the mantra that everything is data dependent. This report is good enough to cement the removal of patience. Without “patience”

Non-Farm Payrolls + 295K, but wages disappoint  – USD higher

Non-Farm Payrolls + 295K, but wages disappoint – USD higher

Another blockbuster report from the US: a gain of 295K jobs in February. Average hourly earnings rise only +0.1% and y/y at 2% – a disappointment. The unemployment rate is at 5.5%. but this comes on top of a dropping participation rate that ticks down to 62.8%. Revisions are negative, but nothing dramatic. The dollar is

Will EUR/USD bottom out on NFP day? It happened before

Will EUR/USD bottom out on NFP day? It happened before

What began as a dip to test low waters under 1.10 was followed up by a renewed fall. Draghi’s drag is extending towards the NFP, with EUR/USD setting new low after new low, in levels last seen in September 2003 – yes, 11.5 years ago. But is it about to bottom out? There is some kind

AUD/USD what’s next after the RBA “no cut”? – Market Movers #40

AUD/USD what’s next after the RBA “no cut”? – Market Movers #40

The Non-Farm Payrolls report is critical for the US dollar – we explain why and what to expected. In addition, our packed show features a debate on false breaks, the Australian and Canadian rate decisions, a potential easing in Japan, the widening gap within oil prices and an update on forex brokers after the SNBomb.

NFP Elliott Wave Updates: On EURUSD, GBPUSD and USDJPY

NFP Elliott Wave Updates: On EURUSD, GBPUSD and USDJPY

The USD is on the move ahead of highly anticipated US NFP report. The expectations are 240k. An outcome around the expectations may not impact the markets much, so the USD should stay strong in general, while a figure around 300K will make the USD much stronger. Any print near 200K will cause a bounce