Post Tagged with: "Non-farm payrolls"
EUR/USD Nov. 2 – Recovering Despite Weak Figures
Euro dollar is now recovering from lows but remains far from a real change, as the Greek referendum is here to stay. Papandreou will be asked for explanations from his European counterparts today in Cannes. Euro-zone data has been weak. The focus will temporarily shift to the US, with a significant hint towards the Non-Farm Payrolls
Non-Farm Payrolls Top 100K – Risk Rally Sends Dollar Down
Non-farm Payrolls showed a a gain of 103K jobs in September. Early expectations were for a gain of around 50K. The unemployment rate remained unchanged at 9.1%, as expected. The initial reaction is of a weaker dollar on risk appetite. EUR/USD was trading around 1.3450 before the release and is now aiming for 1.35. The
EUR/USD Oct. 7 – Well Positioned Before the Non-Farm Payrolls
Euro dollar is trading very steadily on high ground after Trichet didn’t provide any big surprises. The bank recapitalization talk continues to help the euro, just before the US gets some attention with the all important Non-Farm Payrolls. How will the pair close the week? Here’s a quick update on technicals, fundamentals and what’s going on
A Return to Job Gains? Not Necessarily So – NFP Preview
After a flat Non-Farm Payrolls report for August, September’s figures are expected to be positive, which means a dollar negative outcome in the current environment. Recent data leaves room for doubt about a gain in jobs. NFP Preview. As QE3 is not only off the table, but far away from it, the figures will be
Gold Emerges as Winner from NFP, Oil is the Loser
The flat Non-Farm Payrolls was very disappointing and sent the dollar down. This was better seen in “safe havens” and less in other currencies. But with gold and oil, the outcomes are very clear. Gold, that strengthened before the release, accelerated its moves and hit $1880. There’s still room until the all time high. Silver
Non-Farm Payrolls Flat – Dollar Down Against Safe Havens
No jobs jobs were added during August in the US. This is below the 74K that was expected by economists. The unemployment rate remained at 9.1%, as expected. The chances of QE3 or any other special easing tools by the Fed are now higher. The dollar makes initial drops. This can reverse in this event,
EUR/USD Sep. 2 – Clinging To Low Support Ahead of NFP
Euro dollar is currently clinging to low support after the downfall. The suspension of the EU / IMF mission to Greece as well as the lower chances of QE3 in the US weigh on the pair, before the monthly circus of Non-Farm Payrolls. Here’s a quick update on technicals, fundamentals and what’s going on in the
Non-Farm Payrolls Critical For QE3 Decision – Preview
We again reach the monthly circus: Non-Farm Payrolls. And in this publication, it is of high importance due to the critical impact on the upcoming lengthened FOMC meeting due later in the month. NFP Preview. Last month’s Non-Farm Payrolls report was finally good: not extraordinary, but a gain of 117K still points to growth, and
EUR/USD Aug 12 – Ignoring French News, Steady in Range
Euro dollar is very steady in range, ignoring a poor GDP read from France, which joins previous weakness from Europe’s second largest economy. Also the drop in EMU industrial output in choppy trading. We have a busy US schedule to wrap up the week. How will this volatile week end? Here’s a quick update on technicals,
EUR/USD Outlook – August 8-12
This was one of the most intense weeks euro/dollar saw, trading in a range of 400 pips and eventually closing lower. 7 events are awaiting us this week, in addition to the eventful drama around the debt crisis. Here is an outlook for everything that rocks the euro, and an updated technical analysis for EUR/USD.