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Post Tagged with: "ADP Non-Farm Employment Change"

Forex Weekly Outlook –May 2-6

Forex Weekly Outlook –May 2-6

US employment data and Australian, British and European rate decisions are the main events this week. Here is an outlook for this week’s market-movers. Will the blow that the dollar got from Ben Bernanke continue to push the dollar lower? Or will it consolidate as the market is calmer after the news? Economists believe that

Forex Daily Outlook – March 30 2011

Forex Daily Outlook – March 30 2011

ADP Non-Farm Employment Change in the US and much more exciting events. Let’s see what awaits us today.  In the US, ADP Non-Farm Employment Change, number of employed people during the previous month, excluding the farming industry and government is about to reduce by 11K, and accounts for a majority of overall economic activity

Forex Weekly Outlook –Mar 28-Apr 1

Forex Weekly Outlook –Mar 28-Apr 1

U.S. CB Consumer Confidence, Pending Home Sales and of course American Non-Farm Payrolls are among the highlights of this week. Here is an outlook for the major market movers. Sales of new single-family homes plunged 16.9 % to a seasonally adjusted 250,000 the lowest since records began in 1963, after a 301,000 gain in January.

Forex Daily Outlook – March 2 2011

Forex Daily Outlook – March 2 2011

Fed Chairman Bernanke continues to testify in Washington DC, ADP Non-Farm Payrolls will provide a hint towards the NFP and much more important events are due. Let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke, due to testify on the semi-annual monetary policy report before the House Financial Services Committee,

Forex Weekly Outlook – Feb 28-Mar 4

Forex Weekly Outlook – Feb 28-Mar 4

US Housing Data, Canadian Rate Decision and US Employment data are just a few of the numerous market movers scheduled this week. Here is an outlook on the events ahead. American consumers confidence surged to 70.4 in February, the highest level in three years, thanks to better prospects for the economy and jobs. Although Consumer

EUR/USD Feb 2 – Consolidating After Breakout

EUR/USD Feb 2 – Consolidating After Breakout

EUR/USD is taking a break from rising after the big breakout yesterday. Today we get more hints towards the NFP. Where will it go?  Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Peaked at 1.3861 before dropping. Current range – 1.3760 to 1.3830. Further levels in both directions: Below

Forex Daily Outlook – February 2 2011

Forex Daily Outlook – February 2 2011

US ADP Non-Farm Employment Change is the major event on our calendar today. Here is an outlook on the market movers awaiting us. In the US, ADP Non-Farm Employment Change measuring the estimated change in the number of employed people during the previous month, excluding the farming industry and government grew more than expected with

Forex Weekly Outlook – Jan 31-Feb 4

Forex Weekly Outlook – Jan 31-Feb 4

US Employment Data as well as ISM Purchasing Managers’ Index are the main events on this busy week. Here is an outlook on the major market movers. Following the US rate meeting, the Fed said that despite signs if a real recovery, high unemployment still calls for the continuation of the $600 billion bond-buying program.

Dollar Surges On Excellent Job Gain

Dollar Surges On Excellent Job Gain

ADP released a whopping surprise – 297,000 jobs gained in the private sector according to their numbers! This huge surprise is far better than other improvements. The result – the greenback surges across the board with EUR/USD losing support. This tripled the expectations for around 100K jobs gained, and is more than triple the figure

Forex Daily Outlook – January 5 2011

Forex Daily Outlook – January 5 2011

ADP Non-Farm Employment Change in the US and much more interesting events coming up .Let’s see what awaits us today. In the US, Automatic Data Processing, Inc. (ADP); Non-Farm Employment Change, employed people during the previous month, excluding the farming industry and government is about to rise by 8K. Important leading indicator of consumer spending,