Trading the News: U.S. Non-Farm Payrolls Another 190K expansion in Non-Farm Payrolls (NFP) may boost the appeal of the greenback as the U.S. economy approaches ‘full-employment,’ but a marked slowdown in wage growth may fuel the near-term rally in EUR/USD as it dampens bets for a Fed rate-hike in the first-half of 2016. What’s Expected: Why Is This Event Important: Even though the Federal ...
Employment in the U.S. increased by much more than expected in the month of December, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment climbed by 292,000 jobs in December. more...
Trading the News: U.S. Non-Farm Payrolls Another 200K expansion in Non-Farm Payrolls (NFP) paired with a meaningful pickup in U.S. wage growth may trigger a short-term selloff in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy in 2016. What’s Expected: Why Is This Event Important: Despite the cautious tone laid out in ...
Trading the News: U.S. Non-Farm Payrolls The U.S. Non-Farm Payrolls (NFP) report may spark a bearish reaction in EUR/USD as market participants expected another 230K rise in employment paired with an uptick in wage growth. What’s Expected: Why Is This Event Important: A batch of positive developments may spark another near-term rally in the greenback especially as a growing number of Fed officials show ...
- U.S. Non-Farm Payrolls (NFP) to Expand 200+K for Eighth Time in 2014. - Jobless Rate to Hold at 5.9% for Second Consecutive Month. Trading the News: U.S. Non-Farm Payrolls The U.S. Non-Farm Payrolls (NFP) report may generate a further decline in the EUR/USD as market participants anticipate a pickup in job growth. What’s Expected: Why Is This Event Important: At the same time, Average ...