Post Tagged with: "Risk Aversion"
FOMC Disagreement Likely To Yield No Policy Changes
The ammunition that the Fed claims to have will likely stay in storage for now. David Rodriguez of DailyFX says that the disagreement within the members is likely to yield a unified message but no action. Mario Draghi will likely want to build credibility and skip a rate cut. And what about the credibility of
Risk Factor – Explained
Why does EUR/USD drop when US economic figures disappoint? This is not normal. But we are not in normal times. Here is an explanation of these phenomenons, also known as “risk aversion” and “risk appetite”. Since the big financial crisis erupted in the fall of 2008, there have been many such absurd period. The current
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.
Wikileaks to Expose US Bank Failure?
The recent Wikileaks release of documents exposed lots of interesting data about international relations all over the world. Some data is pure gossip, while other leaks will have an impact on diplomacy for many years. But this bulk of leaks that began on Sunday isn’t over. In an interview with Forbes, Wikileaks’ Julian Assange says
If they can’t take my house, why should I pay for it?
That’s the question that millions of Americans struggling to pay their mortgages should be asking now with the foreclosure freeze. The question for forex traders is: how will this mortgage mess move currencies? Here’s a review of the crisis, still a low profile crisis, the devastating implications and scenarios for the dollar
EUR/USD Aug. 17: Will Consolidation End?
The Euro made some limited gains, but failed to break above the resistance line. It now trades in a very narrow range. When will it explode? This busy day could send it out of range. Here’s a quick update on fundamentals, technicals and community trends
EUR/USD Aug. 16: Stops to Rest Before Next Falls
At the wake of the new week, EUR/USD touched based with the strong support line, but later went up and corrected some of last week’s disastrous losses. Here’s a quick update on fundamentals, technicals and community trends
Non-Farm Payrolls Fall Short – Dollar Rallies
The American job market gained 432,000 jobs in May, weaker than 524,000 that were expected. This disappointment is mostly due to weak hiring in the private sector. The unemployment rate fell to 9.7%, which is marginally better than predicted, but comes due to drop of people out of the available labor force. These results triggered
Best Non-Farm Payrolls in 13 Years?
The upcoming Non-Farm Payrolls release on June 4th holds high expectations – a job gain of 500K jobs, the best since 1997, but this includes special government hiring. Here are the things to watch for in this release, and the expected impact on currencies. It’s important to stress that the Non-Farm Payrolls release is the
Dollar Rides on Bad US Figures
Risk aversion is the name of the game these days: US GDP was revised to the downside and jobless claims were higher than expected – the result from these bad numbers – another rise in the dollar across the board. Could this start a fall of the Euro to new lows? Gross domestic product for