Post Tagged with: "ADP Non-Farm Employment Change"
ADP Non-Farm Payrolls Gain 110K
The ADP report for the private sector has show a gain of 110K jobs in October, similar to gains seen in previous months. Early expectations stood on a gain of 102K. EUR/USD reacts with a small rise and approaches minor resistance at 1.38. This is a classic “risk on” behavior” on a positive indicator. The
Forex Daily Outlook – November 2 2011
Today we have key events: FOMC Statement in the US and Construction PMI in the UK as the main highlights on today’s outlook. Let’s see what awaits us today. In the US, FOMC Statement, the key tool that is used by the FOMC regarding monetary policy with investors, and regarding financial conditions for other policy
Forex Weekly Outlook – Oct. 31-Nov. 4
The US dollar dropped sharply as the euphoria from Europe replaced fear. Will this continue? The upcoming week is very busy: rate decisions in the US, the euro-zone and Australia, the G-20 Meetings and Non-Farm Payrolls. Here is an outlook on the major market-movers ahead. Last week the US economy grew at an annual pace
ADP Non-Farm Payrolls Rise – Appetite for Risk Follows
ADP Non-Farm Employment Change showed a gain of 91K jobs in the private sector, higher than 76K that was expected. This rise triggers a small risk rally with the euro gaining against the dollar and the yen falling against it. It’s important to note that ADP doesn’t necessary go hand in hand with the official
Forex Daily Outlook – October 5 2011
ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI in the US as well as key releases in the UK 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, monthly indicator of Job creation and affects the consumer spending, is
Forex Weekly Outlook – October 3-7
After consolidation and correction, the tables turned in favor of the dollar once again and as a new quarter begins, the calendar is very busy. Rate decisions in the euro-zone, Britain, Australia and Japan and a grand finale with US Non-Farm Payrolls are at the top of our market-movers list this week. Here is an
ADP Shows Gain of 91K Private Sector Jobs in August
The ADP Non-Farm Payrolls indicator has shown a gain of 91K jobs in August, only marginally lower than a rise of about 100K that was expected, but a good result all in all. Currencies don’t see big changes following this release. EUR/USD is somewhat weaker, but still in range. Last month’s gain of was revised
Forex Daily Outlook – August 31 2011
ADP Non-Farm Employment Change in the US and GDP in Canada 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, vale the employed people without government & farming business on the passing month, reduce of 7K is predicted to 103K.
Forex Weekly Outlook – Aug 29 – Sep 2
We ended the week with QE3 off the table. Or is it? US housing data, and Consumer confidence, US FOMC Meeting Minutes, Canadian and Swiss GDP, US employment data including NFP are just a few of the interesting events awaiting us this week. Here is an outlook on the major market-movers ahead. Last week US durable goods
ADP Shows Nice Job Gains – USD/JPY Moves Up
ADP Non-Farm Payrolls provided some good news: the private sector gained 114K jobs in July, better than 100K that was expected. This triggers some risk appetite, with the dollar gaining against the yen and dropping against the euro. These moves are limited, and they reflect the doubt the market has in these ADP numbers. USD/JPY