Post Tagged with: "ADP Non-Farm Payrolls"
EUR/USD Feb. 1 – Starts Month Under Pressure
Euro dollar starts the new month on lower ground, after breaking below uptrend support. Greek PSI talks are still awaiting an agreement “soon”. How soon is it now? There are doubts if Germany really wants a deal. Important figures are released in the US, which serve as important hints towards the all-important Non-Farm Payrolls on Friday.
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
EUR/USD Oct. 5 – Rally Finds Limits
Euro dollar is trading in a narrow range after a strong rally yesterday. The optimism about bank recapitalization and the new found Greek cash fades as economic data provides a reality check. We have important figures in the US today, data that will provide significant hints towards the Non-Farm Payrolls. Here’s a quick update on technicals, fundamentals and
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
EUR/USD Aug 31- Worries Balanced As Summer Ends
Euro dollar is stuck in range, drifting between hopes for QE3 in the US and worries about the European debt crisis. As summer ends, volume and volatility are expected to pick up. We have important US data later on. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian
USD/JPY: Trading the US ADP Non-Farm Employment Change
The ADP Private Sector Job Indicator is a significant index which estimates the change in employment figures. It is an important indicator of job creation, which in turn impacts on consumer spending and economic growth. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Wednesday at 12:15 GMT. Indicator Background Together
EUR/USD Aug 3 – Breaking Higher on Rising Retail Sales, Swiss Weakness
Euro dollar managed to break resistance, after two failed attempts. European retail sales rose by 0.9%, better than 0.5% that was expected. The Swiss move to curb the strength of the franc, also against the euro also pushes EUR/USD higher. Also a “ceasefire” from the bond vigilantes helps. It bounced off a higher resistance line. Is
EUR/USD July 7 – Bouncing Off Low Support Ahead of Trichet
Euro dollar is holding on to low support ahead of the all-important press conference by Jean-Claude Trichet. Portugal continues to draw attention, now with a downgrade of its banks. Apart from the expected rate hike and the presser, it is a very busy day in the US. 1.40 or 1.45? Here’s a quick update on
Weak ADP Non-Farm Payrolls Send EUR/USD Higher
According to ADP, the number of jobs gained in the US private sector rose by only 179K. Early expectations stood on a gain of 200K. EUR/USD is moving higher, and is testing levels above the resistance line. The past few month saw job gains of around 200K each time, and this significantly lower. EUR/USD now
EUR/USD May 4 – Rising on Portuguese Hopes
EUR/USD is moving quickly higher and approaching a tough resistance line as the market is cheered by the bailout deal with Portugal and reflects less fear about Greece. We have quite a few market movers coming up later. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian