Post Tagged with: "Non-Farm Employment Change"
Forex Weekly Outlook – June 1-5 2009
Get ready for a wild week in forex trading. As always in the beginning of the month, the king of forex: Non-Farm Payrolls is dominant. We have rate decisions from Europe, Britain, Canada and Australia. Yup, everything happens this week. And there are loads of other major indicators. Hold tight! Only a big surprise this
8 Reasons why Non-Farm Payrolls will be Better
Some American figures have shown improvement in the past month. Also economists have expressed optimism. This should be reflected in the upcoming Non-Farm Payrolls? April’s NFP could be better than expected. The dollar will feel it. There are several economic indicators that show that the American economy is improving, or at least stabilized. Hope for America
Non-Farm Payrolls Send USD/JPY Above 100
Non-Farm Payrolls fell by 663K . Immediately after the release, USD/JPY leaped over 100, adding another digit and leaving dust behind it. The European currencies are gaining against the dollar. Risk appetite is getting very strong! Non-Farm Payrolls fell a little bit more than expected, but not too bad. Early expectations were for a fall
EUR/GBP Locked Between Uptrend Support and Strong Resistance
EUR/GBP found strong resistance at the magical 0.95 line, and slipped downwards. It doesn’t have much room to move due to uptrend support. This week’s high volatility should push it over the top – breaking resistance on the road to parity. EUR/GBP traded this week in a 250 pips range, from 0.9420 to 0.9170. In
NFP Effect Roundup
Non Farm Payrolls were in line with the official expectations – a fall of 651K jobs, but the affects on the forex market were fascinating, and can teach us some things for the next release. Let’s walk through the market alleys and find some precious currency correlations: Official expectations were a drop of 647,000 jobs
Forex Daily Outlook – March 6th 2009
Today is the day of the monthly circus: Non Farm Payrolls will keep tensions up all day, and after it, the market might “explode”. The are a few other releases. Let’s cover them… In Switzerland, monthly CPI is expected to be almost unchanged, dropping 0.1% after last month’s fall of 0.8%. At 9:30 GMT, in
British Pound – First Breakout of the Week
The forex week began with a big move by the British pound. It fell below the below the 1.40 mark. This happened after bad manufacturing PMI was released in Britain, and after the good ISM Manufacturing PMI in the US. GBP/USD is now trading at 1.3977, after breaking support lines, and breaking the 1.40 psychological line.
Forex Weekly Outlook – March 2-6 2009
The first week of March promises a roller-coaster in the Forex market. The king of indicators, NFP will keep everyone tense up to Friday. Until then, rate decisions in Europe, Britain, Canada and Australia are pumped through the week, as well as GDP from Switzerland, Canada and Australia. There are more major economic releases. Let’s
Forex Daily Analysis – February 6th 2009
Big day today in forex trading: the monthly circus of Non Farm Payrolls dominates trading today – but it’s not the only important figure. Price action has been quite wild in the last 24 hours of trading – the British pound, Canadian dollar, New Zealand dollar and Australian dollar strengthened against the dollar, while the
Forex Weekly Outlook – February 2-6 2009
The first week of February unfolds lots of interesting data: Rate decisions in Europe, Britain and Australia, as well as the king of Forex indicators: Non Farm Payrolls. Lets dive in to the major events this week. This time, it’s a more concise edition that last week’s… Sunday, February 1st: Yes, there’s something worth mentioning