Post Tagged with: "ADP Non-Farm Employment Change"
Non-Farm Payrolls Send USD/JPY Above 100
Non-Farm Payrolls fell by 663K . Immediately after the release, USD/JPY leaped over 100, adding another digit and leaving dust behind it. The European currencies are gaining against the dollar. Risk appetite is getting very strong! Non-Farm Payrolls fell a little bit more than expected, but not too bad. Early expectations were for a fall
Forex Daily Outlook – April 3rd 2009
King of Forex, Non-Farm Payrolls, will dominate the day. Current expectations are for a drop of 659K jobs. Apart from NFP, British, European and American Services PMI figures will be closely watched. Echoes from the G20 summit will also move the markets. The day starts with German Import Prices, which are expected to drop by 0.3%.
Continued American Housing Doesn’t Help The Dollar
Housing data in the US continues to shine, with Pending Home Sales showing strength and surprising. But the markets have their heads in the next two days: G20 Summit and NFP. Tension is high… Pending Home Sales have been very positive: A rise of 2.1%, compared to early expectations of 0.2%. Comparing to last month, it
Forex Daily Outlook – April 1st 2009
Lots of important indicators all over the globe – British Manufacturing PMI, German Retail Sales, American ADP Non-Farm Employment Change,ISM Manufacturing PMI and Pending Home Sales are only a small part of today’s figures. Take a deep breath… The day starts in Australia, with two major releases: Building Approval are expected to rise by 1.5%, after
Forex Weekly Outlook – March 30 – April 3 2009
Big week ahead in the forex market. Non Farm Payrolls, ECB rate decision and the G20 summit talks will be the highlights of the week. There are lots of other major indicators this week, that begins with important indicators on Sunday night! Here’s what’s cooking for us this week: Sunday, March 29th: There are important
USD/JPY on the March
The Japanese Yen began retreating today, with the USD/JPY above 99. It comes ahead of the ADP Non-Farm Employment Change and of the ISM Non-Manufacturing PMI – two major US figures that will shake the markets. USD/JPY crossed the 99 mark, and is now trading at 99.33. The break of 98.70 resistance line came in the late
Forex Daily Outlook – March 4th 2009
In this mad forex week, Wednesday is relatively a “calm before the storm”. But it’s only relatively, since there are a few important releases today as well, that could help the Euro decide if it’s really breaking out… Australia, the country down under with up over interest rates, showed a surprising contraction: GDP fell by
Forex Weekly Outlook – March 2-6 2009
The first week of March promises a roller-coaster in the Forex market. The king of indicators, NFP will keep everyone tense up to Friday. Until then, rate decisions in Europe, Britain, Canada and Australia are pumped through the week, as well as GDP from Switzerland, Canada and Australia. There are more major economic releases. Let’s
Will Non Farm Payrolls Surprise?
Non Farm Payrolls may surprise today. Since expectations are low, at -530,000, a better than expected figure is quite possible. Forex traders and economists expect a total fall of 1.5 million jobs in 3 months. Such a figure will be terrible news, yet again, for Americans. There are job cut announces everywhere. But did they
Forex Daily Analysis – February 4th 2009
Today, ADP Employment data will be in the limelight, as well as the ISM Non-Manufacturing PMI. Important figures are also expected in New Zealand and in Australia. Will the dollar continue falling today? Yesterday, good data from the US didn’t help the greenback. The opposite happened – strong US data caused risk appetite to grow and