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 ...
'We remain of the view that a solution can be found in order to give Greece access to funds to repay the IMF next Tuesday. The EUR, however, is unlikely to face any material upside in an environment of strongly capped ECB monetary policy expectations. If this is confirmed over the weekend, we suspect that USD could emerge as the biggest beneficiary and expect it to extend its gains against a broad range of G10 currencies. While a relief bounce in EUR cannot be excluded, we doubt that it will ...
2015-06-05 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Non-Farm Employment Change] past data is 223Kforecast data is 222Kactual data is 280K according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case) [USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry. Job creation is an important leading indicator of consumer spending, ...
US Dollar Forecast– Dollar Risk of Correction as Speculative Appetite Wavers There is little doubt that the US Dollar maintains a fundamental advantage over most of its counterparts. Japanese Yen Forecast – USD/JPY Retail Boosts Long Exposure; 118.20 in Focus Ahead of BoJ The Bank of Japan (BoJ) interest rate decision may heighten the appeal of the Japanese Yen and spur a further decline in USD/JPY should Governor Haruhiko ...
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