Post Tagged with: "Unemployment Rate"
USD/CHF Outlook April 9-13
The dollar performed well this week, as USD/CHF rose 150 pips, closing at 0.9160. The upcoming week is very quiet, with only one release this week. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. The dollar strengthened U.S. Initial Jobless Claims posted a strong showing – the best in almost four years. Also, investors were
Forex Weekly Outlook April 9-13
The US dollar made a comeback after 3 weeks of falls, as the FOMC minutes cast doubts on the chances of QE3. A speech by Ben Bernanke, US trade balance and unemployment claims are the major events this week. Here is an outlook on the main market-movers lined up. Last week the United States gained
5 Reasons Why the Weak Non-Farm Payrolls Could Be Temporary
The US dollar is weaker on the very disappointing gain in US non-farm jobs: only 120K. The small drop in the unemployment rate to 8.2% is “blamed” for the drop in the participation rate. But not all is bad in the US jobs report. Here’s why it could be only a temporary pause. Participation: Let’s start with
Non-Farm Payrolls +120K, Unemployment Rate 8.2% – Mixed to Bad Outcome Weakens Dollar
The United States gained only 120K non-farm jobs in March. Early expectations stood on a gain of around 207K. This is a very big miss, below the worst official estimates. The unemployment rate dropped to 8.2%, due to a drop in the participation rate. Expectations were for no change from last month’s initial report of
EUR/USD April 6 – Remains Depressed as Non-Farm Payrolls Eyed
Euro dollar is steady on low ground, under support it lost yesterday. Concerns about Spain’s “extremely difficult” situation, and echoes from the relatively bullish FOMC minutes continue to push weigh on the pair. Here’s an update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: The pair consolidated under 1.3080, after
Forex Daily Outlook April 6 2012
We summarize this week Non-Farm Employment Change in the UK as the major event this day. Here is an outlook on the market-movers awaiting us. In the US, Unemployment Rate, value by percentage the unemployed that are actively seeking for jobs on the last month, 8.3% is expected similar to march report. More in the
Canada Enjoys Superb Employment and Housing Data
Canada published its employment figures one day earlier than expected. It certainly changed the recent luck. The northern country gained 82.3K jobs, far better than 11.3K that was expected. The unemployment rate dropped from 7.4% to 7.2%, defying a predicted rise to 7.5% and rising to the highest since September. Another good piece of news
Forex Daily Outlook April 5 2012
MPC Rate Statement in the UK and Unemployment Rate in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, Weekly report to value the individuals that filed for unemployment insurance for the first time, due to decline by 4K down to 355K now. More in the US, Natural
Forex Daily Outlook April 2 2012
Forex Daily Outlook April 2 2012 We start the week with some interesting events like ISM Manufacturing PMI in the US and BOC Gov Carney Speaks in Canada as the main highlights on today’s outlook. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI);
EUR/USD Outlook April 2-6
Euro/dollar managed to edge up in another choppy week. The new month features a rate decision by the ECB among other events. Will the euro continue advancing slowly? Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Greece returned to the spotlight with more talk that another restructuring is on