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EUR/USD Forecast: 3 Reasons For Not Holding The Highs As Eyes Focus On The NFP
Friday, February 1, 2019 - 11:55am | 634Read More...EUR/USD is consolidating the losses it suffered late on Thursday. The Non-Farm Payrolls is left, right, and center in a turbulent week. The technical picture is balanced after the pair suffered overbought conditions. EUR/USD is trading in the mid-1.1400s, back to familiar ranges. The effect of...
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USD/CAD Forecast: CAD Comeback Continues, Inflation And Oil Eyed
Friday, January 11, 2019 - 12:15pm | 873Read More...USD/CAD fell on the weakness of the greenback, fueled by the Fed. Inflation data stands out as oil stabilizes. The technical picture is bearish for the pair. The FX Poll shows a mixed picture. This was the week: BOC maintains the hawkish bias The Bank of Canada decided to leave the interest...
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GBP/USD Forecast: Sterling Capped By 50-Day Moving Average Before The Parliamentary Debate
Monday, January 7, 2019 - 11:37am | 550Read More...The GBP/USD is trading flat at around 1.2740 ahead of the UK parliament resuming Brexit deal debate later on Monday. Briton would vote “remain” should the referendum on leaving the European Union be held now, a survey from the polling firm YouGov showed. The UK government is set to...
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EUR/USD Forecast: Enjoying The "Powell Put," But We've Been Here Before
Monday, January 7, 2019 - 11:26am | 629Read More...EUR/USD is edging higher within the range as a new week begins. Developments on US-Chinese talks and a top-tier US figure stand out. The technical picture is mixed for the pair. EUR/USD is moving up as the first full week of 2019 commences. Markets are optimistic after Fed Chair Jerome...
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GBP/USD Forecast: Sterling Is A Lucky Winner Of Flash Crash Targeting 1.2700 And Above
Friday, January 4, 2019 - 12:44pm | 501Read More...The GBP/USD is trading up at around 1.2670 ahead of US non-farm payroll report for December. The market expects 177K new jobs added in the US economy in December with wages rising 3.0% y/y and the unemployment rate at 3.7%. The UK parliament is set to resume Brexit deal debate on Monday, January 7...
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USD/JPY: Capped By Sellers Aligned Around 108.00
Thursday, January 3, 2019 - 12:18pm | 396Read More...USD/JPY Current price: 107.55 Fears prevail, but investors cautious ahead of US employment data. Bearish long-term case to steepen on a break below 106.75. The USD/JPY pair trades below 108.00, at its lowest since April last year, roughly 150 pips below its daily opening, following the market...
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Global Equities Mixed To Kick Off The Week
Monday, June 6, 2016 - 7:43am | 390Read More...Asian stocks were mostly lower on Monday in reaction to Friday's U.S. data, which showed a weaker-than-expected jobs growth. The figures may prove to be the catalyst forcing the Federal Reserve to postpone a planned interest rate hike that was set to occur in the near-term. Fed Chairwoman...
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TDAmeritrade's Kinahan Talks Jobs Reports, Says It 'Isn't As Bad As People Think It Is'
Friday, May 6, 2016 - 11:42am | 250Read More...JJ Kinahan, TD Ameritrade Holding Corp. (NASDAQ: AMTD)'s Chief Strategist offered his expert analysis following the weakest U.S. jobs report in seven months. Speaking to Benzinga, Kinahan suggested the jobs report "isn't as bad as people think it is." He noted that the private...
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A Binary Way To Profit From The Nonfarm Payrolls Report Due Friday
Monday, January 4, 2016 - 3:54pm | 346Read More...Via the Nonfarm Payrolls report, the U.S. Bureau of Labor Statistics makes public the number of jobs added or lost over a certain month – excluding those in the farming industry, government institutions, private households and certain nonprofit organizations. According to usual estimates,...
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Mohamed El-Erian: October's 'Comprehensively Strong' Jobs Report Supports A December Rate Hike
Friday, November 6, 2015 - 11:01am | 460Read More...US October jobs data were better than expected when it was reported on Friday. The unemployment rate, private payrolls, and nonfarm payrolls data all improved month-over-month. Mohammed El-Erian, Allianz's Chief Economist, told Benzinga that the "comprehensively strong"...
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Tara Sinclair: The Fed May 'Really Be Out Of Gas' In Terms Of What It Can Do To Help The Economy
Saturday, October 3, 2015 - 9:32am | 441Read More...USA Nonfarm payrolls for September rose 142,000, falling short of the consensus estimate (203,000) and last month's reading (173,000). Tara Sinclair, chief economist for Indeed said that the jobs number was "disappointing" and may contradict with the "strong job growth" on Indeed. Sinclair...
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Good Friday Not So Great, Thanks To Data
Monday, April 6, 2015 - 1:10pm | 453Read More...The stint of impressive hiring figures in the U.S. came to an end last week when the closely watched nonfarm payrolls' figures for March revealed the nation's weakest figure in 15 months. The Labor Department report showed that employers added just 126,000 new jobs in March, while the...
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U.S. Produced Fewer Than Expected Jobs In October
Sunday, November 9, 2014 - 9:16pm | 666Read More...U.S. stocks were little changed to close last week as U.S. data showed the economy created fewer than expected jobs in October. However, the unemployment rate declined to a six-year low of 5.8 percent. The unemployment rate continues to improve, inching closer to the Fed's 5.4 percent to 5....
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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615Read More...U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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Equities Up Despite Jobs Miss, Investors Note Jobs Added In Right Sector
Friday, September 5, 2014 - 4:43pm | 736Read More...Despite a disappointing nonfarm payroll figure, stocks pushed higher to close out a strong week. The Dow Jones Industrial Average rose 68, or 0.4 percent to close at 17,137. The S&P 500 gained 10 points, or 0.5 percent, to close at 2,008. The Nasdaq added 21 points, or 0.5 percent,...
