Post Tagged with: "Unemployment Rate"
Forex Daily Outlook February 8 2012
In the US FOMC Member Williams Speaks and Housing Starts in Canada are the main events today. Here is an outlook on the market-movers awaiting us today. In the US, Crude Oil Inventories, the number of crude oil barrels in inventory over the last week, is about to remain 4.2M similar to the last week’s
NZD/USD Outlook February 6-10
The kiwi continued rallying higher for another week. Is it unstoppable? Employment data are the major events this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week new housing approvals jumped 2.1% in December rising 13% in from a year earlier; however 2011 has been a bad year
USD/CHF Outlook Feb. 6-10 2012
The Swiss franc took a break from its recent huge rally against the US dollar, showing little change on the week. There are four releases in the upcoming week. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. USD/CHF has been trading in range, mirroring euro/dollar. The markets continue to wait for a
Forex Weekly Outlook February 6-10
A volatile week left the dollar in a better position, as QE3 and a solution for Greece are both very uncertain. Will the dollar reverse its previous losses now? Rate decisions in the euro-zone, the UK and Australia are the main market movers this week. Here is an outlook on what lies ahead. Last week
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
Forex Daily Outlook February 3 2012
We summarize this week Unemployment Rate in the UK and Services PMI in the US are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Unemployment Rate, measures total work unemployed force (by percentage) that looking for jobs during the last month. More in the US, The
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
Forex Daily Outlook January 31 2012
US CB Consumer Confidence and Canadian GDP are the major events today. Here is an outlook on the market-movers awaiting us In the US, CB Consumer Confidence increased more than predicted to 64.5 in December from 55.2 in November indicating an elevated confidence among households. A further improvement to 68.2 is expected now. More in
Forex Daily Outlook January 30 2012
We start the week with some interesting events like Personal Spending in the US and EU Economic Summit in Europe as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Personal Spending, monthly value of all consumer’s inflation-adjusted, is about to rise by 0.1% up to 0.2%. And similar