Post Tagged with: "ADP Non-Farm Employment Change"
The allure of a safe-haven (Video)
One of the more remarkable developments during January was the relatively strong performance of the traditional safe-haven currencies, principally the yen and Swiss franc. We wrote about this during the course of last month, but the Swissie is particularly under the spotlight, given the proximity of EUR/CHF to the 1.20 floor imposed by the SNB
Forex Daily Outlook February 2 2012
Unemployment Claims in US and Construction PMI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, monthly indicator to value the unemployment insurance that was filed on the last week, is predicted to drop down from 377K to 373K this week. More in the US, Ben
ADP Non-Farm Payrolls Rose by Only 170K
ADP Non-Farm Payrolls Rose by only 170K. This is an independent figure for the private sector in the US job market. Early expectations stood on a gain of 189K. Currencies aren’t getting overexcited with this small miss of predictions. ADP surprised last month with an initial report of a 325K gain in the Non-Farm Payrolls
Forex Daily Outlook February 1 2012
ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events today. Here is an outlook on the market-movers awaiting us. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI); Monthly Managers Survey to value the business conditions such as new orders, deliveries and inventories,
Forex Weekly Outlook Jan. 30- Feb. 3
The US dollar made a big retreat for a second week in a row. Will it continue falling? The Non-Farm Payrolls release is the highlight of a very busy week, which includes many figures from the US . Here is an outlook on the main market-movers coming our way. Ben Bernanke weakened the dollar with
ADP Leaps by 325K – Raises the Bar for Non-Farm Payrolls
ADP Non-Farm Payrolls printed a gain of 325K jobs in the private sector, higher than 176K that was expected. This triggers a rise in USD/JPY. EUR/USD cannot cheer up by this risk-appetite figure and remains depressed. Update: EUR/USD ticks down. Update: Jobless claims are at 372K, a bit lower than 375K that was expected, continuing
Forex Daily Outlook January 5 2012
ADP Non-Farm Employment Change in the US and Ivey PMI in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report that is important for monetary health, value new unemployment insurances over the last week, decrement is due from 381K down to 375K now. More in the
Forex Weekly Outlook January 2-6 2012
The dollar edged up in the last week of 2011. US employment data is the highlight of the opening week of 2012, among many other US figures. Trading volume is expected to return to normal after the holiday break. Here is an outlook on the major events at hand. Last week the EUR/USD plunged to
Forex Daily Outlook November 30 2011
US ADP Non-Farm Employment Change and US Pending Home Sales are the main events today. Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, measures the number of employed people over the last month (without government & farming industry), rise is expected from 110K
Forex Weekly Outlook Nov. 28-Dec. 2
This was the week that the euro got a very serious blow, with the failed German auction. Trouble reached the core of the core. The “safe haven” US dollar enjoyed the mess and made gains across the board. Will this continue? Non-Farm Payrolls are the highlight of this week, that also features other major US