Employment in the U.S. climbed by much less than expected in the month of April, the Labor Department revealed in a closely watched report on Friday. The report said non-farm payroll employment rose by 160,000 jobs in April compared to economist estimates for a jump of about 200,000 jobs. more...
The unemployment rate in New Zealand climbed to a seasonally adjusted 5.7 percent in the first quarter of 2016, Statistics New Zealand said on Wednesday. more...
Trading the News: ISM Non-Manufacturing Another pickup in the ISM Non-Manufacturing survey may heighten the appeal of the greenback and spark a larger pullback in EUR/USD as it raises the outlook for growth and inflation. What’s Expected: Why Is This Event Important: Despite the ongoing 9 to1 split within the Federal Open Market Committee, Chair Janet Yellen and Co. may come under increased pressure ...
Trading the News: U.S. Gross Domestic Product (GDP) The 1Q U.S. Gross Domestic Product (GDP) report may dampen the appeal of the greenback and spark a near-term advance in EUR/USD as signs of a slowing recovery weigh on interest-rate expectations. What’s Expected: Why Is This Event Important: A soft growth figure may encourage the Federal Reserve to retain its current policy throughout most ...
Trading the News: Federal Open Market Committee (FOMC) Interest Rate Decision The Federal Open Market Committee (FOMC) is widely expected to retain its current policy in April even as central banks officials project two rate-hikes for 2016, but a growing dissent within the central bank may trigger a near-term selloff in EUR/USD as it boosts interest-rate expectations. What’s Expected: Why Is This Event ...
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