Post Tagged with: "NFP"
Forex Weekly Outlook – February 1-5 2010
After the surprising American GDP, the first week of February is loaded with major events: rate decisions from Britain, Europe and Australia, job figures from Canada, New Zealand and the US – the almighty Non-Farm Payrolls. Here’s an outlook for the major events of the week. I’m trying a new format of the weekly outlook
Forex Daily Outlook – January 29th 2010
The last day of January features the initial release for American GDP among other important events. Let’s see what’s up for today. EUR/USD, the most popular pair is suffering losses. Casey Stubbs keeps up with the moves with fresh analysis all the time
Forex Daily Outlook – January 14th 2010
The calendar is crowded today. The main events are a rate decision in Europe and American retail sales. Let’s see what’s up for today: No British figures are released today. Note that the GBP/USD rose above the 1.6270 resistance line (at the time of writing). The main reason for this is the rise is the
EUR/USD Badly Positioned for the NFP
Close to the release of the all-important Non-Farm Payrolls, the Euro got some bad news and is now closer to the bottom of the range. Here’s an update. The European Unemployment Rate disappointed with a rise to 10%. This rise was worse than early expectations for a rise to 9.9%. We also found out that
Forex Daily Outlook – December 4th 2009
Forex trading comes to a climax with American Non-Farm Payrolls, which are expected to fall once again. Also note Canadian employment data. Let’s see what’s awaiting us. Swiss CPI is predicted to rise by 0.1% after a 0.6%. Swiss prices aren’t putting any pressure for a rate hike. Canadian employment figures are expected to be
Forex Daily Outlook – December 2nd 2009
After a busy day that included unexpected events, today is more calm. ADP Non-Farm Payrolls stand out. Will the dollar continue the decline? Let’s see what’s up for today: In Britain, MPC member Spencer Dale will make a public appearance, and might hint something about next week’s rate decision. Later, Construction PMI is expected to
Forex Weekly Outlook – November 30 – December 4 2009
The week of Thanksgiving, which was expected to be calm, was very volatile, with new lows in the dollar, that were proved temporary with the Dubai crisis. The upcoming week is already full of important indicators: rate decision in Europe and Australia, GDP from Europe, Switzerland and Canada, and the king of forex: American Non-Farm
Job market – the empty half of the glass – risk aversion takes over
American unemployment rate is now at double digits – 10.2%. Obama’s warning of a rate above 10% comes true. This worse-than-expected release, together with Non-Farm Payrolls triggers fear of a slow recovery for a very extended period – “Safe haven” dollar and yen make gains in a choppy market. The Non-Farm Payrolls disappointed only marginally,
Forex Daily Outlook – November 6th 2009
The busy week comes to an end with the big announcement of the Non-Farm Payrolls. The job market is lagging behind other indicators. Is this going to change? There are other important events as well. Let’s review them: The day begins with the RBA Monetary Policy Statement from Australia. After the second rate hike this
Non-Farm Payrolls and the Pound
The monthly Non-Farm Payrolls makes the markets go crazy. Even in this madness, some swing patterns can be identified and handled. While most currencies can swing back and forth, GBP/USD might fall and not come back. 1. But the rumor, sell the fact: This known traders’ saying also works in the forex markets. In some cases,