- U.S. Non-Farm Payrolls (NFP) to Expand 200+K for Twelve Consecutive Months. - Average Hourly Earnings to Show the First Uptick Since July 2014. Trading the News: U.S. Non-Farm Payrolls A 230K rise in U.S. Non-Farm Payrolls (NFP) accompanied by faster wage growth may heighten the appeal of the greenback and spur a short-term selloff in EUR/USD as it boosts expectations of seeing the Federal Open Market Committee (FOMC) normalize monetary policy in mid-2015. ...
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 ...
Talking Points EURGBP Stays Range Bound Post NFPRange Support Sits at .7864Range Reversals Triggered Under .7808 EURGBP 30min Chart Traders looking to avoid the volatility of this morning’s NFP event, can set their sights on currency crosses such as the EURGBP. Thia pair remained quiet, despite the rest of the market’s volatility, and has maintained ...
Gold Eyes 2013 Lows Post NFPs- Fed Minutes in Focus Fundamental Forecast for Gold: Bearish Gold Braces For A Bumpy Ride On NFP, Natural Gas Dives On Storage Data Gold Holding Up at 1206…1240 Next? Gold prices are markedly lower this week with the precious metal off by more than 2.1% to trade at $1191 ahead of the New York close on Friday. The losses come on the back of a strong employment report with improving US data ...
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