Post Tagged with: "Unemployment Rate"
EUR/USD Mar. 1 – In Lower Ground After Bernanke’s Blow, Before Greek CDS Call
Euro dollar is in much lower ground after Ben Bernanke made a small positive remark about employment and lowered the chances of QE3. The highly anticipated LTRO came out as expected. Banks are now better equipped for a Greek crash. As there’s not LTRO 3 in sight, the ECB had to return to the markets and
Forex Daily Outlook March 1 2012
Fed Chairman Bernanke Testifies in the US and Manufacturing PMI in the UK are the major market-movers. Let see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman is due to Testify in Washington DC. More in the US, Unemployment Claims, value who filed for the first time for unemployment insurance over
Bernanke Acknowledges Employment Improvement – Dollar Rises
The Chairman of the Federal Reserve, Ben Bernanke, gave an interesting statement and said that “Fall in unemployment is “more rapid” than expected but the job market remains “far from normal”. This is a significant change from his previous testimony. It helps the US dollar make gains as the chances for QE in March are
EUR/USD Outlook Feb. 27 – Mar. 2 2012
Euro/dollar finally broke out and made a very impressive rally, rising more than 300 pips. The second Greek bailout was agreed upon, and the euro shrugged off the long list of doubts. Has the euro turned a page, or is this a rise before the fall? The highlight of the upcoming week is the second LTRO
Forex Daily Outlook February 16 2012
In the US Fed Chairman Bernanke Speaks and ECB Monthly Bulletin in Europe are the major market-movers. Let see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman is due to speak in Arlington. More in the US, Unemployment Claims, the weekly number of unemployment insurance that was filed, due to rise
British Jobless Claims Continue Rising, Unemployment Remains High
The UK’s Claimant Count Change (or jobless claims) rose by 6.9K in January Early expectations stood on a rise of 3.2K. The unemployment rate for December remained at 8.4%, as expected. GBP/USD ticks down. It continues the downtrend trading. Last month’s jobless claims were revised from +1.2K to 1.9K. The Average Earnings Index for December rose
Forex Daily Outlook February 15 2012
FOMC Meeting Minutes in the US and BOE Inflation Report in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Federal Open Market Committee (FOMC) Meeting Minutes that is scheduled 8 times a year, shows the FOMC’s most recent meeting latest record and provides the
Forex Weekly Outlook February 13-17
After some temporary attention to the US, the focus certainly returned to Athens in a very busy week, that left the greenback almost unchanged. Apart from Greek news, we have GDP in the euro-zone and Japan, employment figures in the UK and Australia, and the FOMC Meeting Minutes as the main events lined up this
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