Post Tagged with: "Non-farm payrolls"
Excellent NFP Lowers Chance for QE3
The US job market gained 243K jobs and the unemployment rate stood on 8.3% in January. Early expectations stood on a gain of around 150K jobs and a steady unemployment rate of 8.5%. So, this is a huge upside surprise, totally unexpected. Another piece of good news comes from an actual rise in the labor
EUR/USD Feb 3. – Edging Higher Before the NFP
Euro dollar is ticking up above minor resistance and in a narrow range. All eyes are now on the US Non-Farm Payrolls, which hold high expectations but could disappoint. A deal in Greece is still awaited but some optimists are already moving to the pessimists camp. How will the pair end this tense week? Here’s an
Government Set To Weigh on Job Growth – Non-Farm Payrolls Preview
US Non-Farm Payrolls are expected to rise nicely in January, following the consistent trend of recent months. Nevertheless, there are quite a few reasons for worries, mostly coming from Washington. The US dollar has been under pressure since Bernanke’s recent softness. There is little chance that this trend will change. NFP Preview. The US gained
NFP Only as Expected – EUR/USD Sells the Fact
US Unemployment Rate Falls to 8.6% – this is a big positive surprise. Non-Farm Payrolls showed a gain of +120K as expected before the publication, but worse than rumors suggested. EUR/USD rose to the higher end of the 1.3420 – 1.3550 range upon the release, and was unable to break higher, at least for now.
Jobs Gains to Accelerate? Non-Farm Payrolls Preview
The US economy has seen a steady gain in jobs in recent months. The upcoming report for the month of November holds higher expectations. In the current environment, a positive outcome will likely be dollar negative. NFP Preview. According to last month’s release, the US gained 80,000 jobs in October. While this was slightly below
EUR/USD Nov. 7 – Falls on Italian Mess, Weak Indicators
Euro dollar starts the week on a low note, sliding lower on more weak retail sales and investor confidence. Berlusconi’s shaky ground in Italy sends Italian bond yields to alarming levels and weighs heavily on the euro, while the political progress in Greece is already forgotten. Here’s a quick update on technicals, fundamentals and what’s going
3 Reasons for the Drop in EUR/USD
Euro/dollar is on the fall. The initial reaction to the mixed Non-Farm Payrolls was a move higher, but this was limited and was followed with a slide. The move then accelerated and EUR/USD already lost one support liine. Here are three reasons for the downfall: A bright side in the Non-Farm Payrolls report: The report
Employment Data Mixed – Choppy Trading Triggered
The number of US Non-Farm Payrolls rose by 80K in October. This is below official expectations of a gain of around 100K. On the other hand, the unemployment rate edged down from 9.1% to 9%. These figures are not a huge surprise and offset each other. Figures for August and September were revised to the
EUR/USD Nov. 4 – Calm Between Storms
Euro dollar is trading in a narrow range under important resistance, which it is trying to break, but very cautiously. The confidence vote in Greece and the Non-Farm Payrolls are awaited and will provide a strong ending to a very tense week. Will the pair manage to recover? Or is a downfall coming? Here’s a quick
Good Reasons for Optimism – Non-Farm Payrolls Preview
The month of October probably saw more gains in jobs, perhaps even better than in the previous month. There are many signs pointing to a strong gain in jobs. The unemployment rate and the “real unemployment rate” are not expected to move. This is likely to weaken the dollar against risk currencies. Here is what