Post Tagged with: "greenback"
Perhaps Some Minor Improvement? 5 Scenarios for the NFP
The monthly circus around the release of the US Non-Farm Payrolls is expected to supply a bit of positive news in the sea of red, at least better than last month’s disaster. No, no dramatic leap is likely, but with the whole world slowing down, a gain in jobs may strengthen the dollar against some
Non-Farm Payrolls Bitter Disappointment – Dollar Weaker
The US economy gained only 18K jobs in June 2011. Bad news. Expectations stood on a rise of about 100K jobs. The unemployment rate remained also disappointed with a rise to 9.2%, . The initial reaction is a stronger dollar against the euro and a weaker one against the yen. The euro recovered quickly. Update:the
Can Further Weakness On Stocks Finally Support The US dollar? Video Analysis
The Us dollar was mostly flat against the majors during the Asian hours, but we can already see some strenght now, as European stocks trade lower. Well, trading in this week should be quite interesting, to see how broken correlation between Eur/Usd and the equity market will play out, which was broken in the past
4 Scenarios for the Non-Farm Payrolls
Official expectations remain rather high for the Non-Farm Payrolls. But the figures leading to the release lean lower. If the result is very low, the dollar bears might be disappointed as well. Here are 4 scenarios for the Non-Farm Payrolls. The past two months were quite good with job gains of around 200K each month.
ISM Manufacturing PMI Surprises – Dollar Isn’t Cheered
The manufacturing sector in the US is undergoing a smaller slowdown than expected. The ISM Manufacturing PMI dropped to 60.4 points. A drop to 59.9 was expected. But the dollar doesn’t rise. EUR/USD traded at around 1.4845 before the release. USD/JPY fell to 81.30 and GBP/USD was under 1.67 before the publication. All pairs are
Bernanke Dovish on End of QE2 – Dollar Loses More Ground
Ben Bernanke said that when QE2 ends, the Federal Reserve will continue reinvesting maturing assets. Stopping to reinvest and letting the balance sheet shrink, is a separate decision that will be taken sometimes in the future. This is rather bearish. Dollar is losing ground on this QE2 Lite decision. The Chairman of the Federal Reserve
EUR/USD: Trading the US GDP Publication
The first release of the GDP for the first quarter holds very low expectations. Is the US economy slowing down? On this background, there’s room for a surprise and a lot of price action in currencies. Here are the details and 5 scenarios for the action in EUR/USD. On Thursday, April 28th, at 12:30 GMT,
The dollar bears retain their strong grip
BoE still swimming in a sea of uncertainty Risk appetite returns with a flourish China changing tune on the yuan Green light for Aussie gains The dollar bears retained their vice-like grip on the forex market on Wednesday with the greenback sinking 1% by the end of the morning session. It was the
The eurozone peripherals raise a stink
Aussie hit overnight with yen also softer Dollar stages a partial comeback Weber’s hawkishness fails to spark the euro Broadbent might just join the MPC hawks Guest post by FxPro It appears that the bears were out in force on Tuesday picking over the slowing-rotting carcass that is Europe’s peripheral bond market ahead of the first
Dollar shorts at risk
On the first day of the new week it was once again the oil price that was dominating the headspace of investors, with WTI crude climbing another $2 to $106.45 a barrel and Brent crude up to $118 at one stage (although overnight it has fallen all the way back to $113.55). Supply concerns remain