Posts Tagged ‘NonFarm’
Price action on EUR/USD (a 4-hour chart of which is shown) as of Friday (12/03/2010) has made a bullish correction on the heels of the Non-Farm Payrolls report that has brought price up to around the 50% Fibonacci retracement level of the most recent bearish run of late November. This occurs within the context of [...]
By ForexPros – U.S. non-farm payrolls rose more-than-expected last month, official data showed on Friday.
In a report, the U.S. Department of Labor said non-farm payrolls rose to a seasonally adjusted 151.00K, from -41.00K in the preceding month whose figure was revised up from -95.00K.
Analysts had expected U.S. non-farm payrolls to rise [...]
This morning, the US Non-Farm Payrolls report was the catalyst that has pushed the market higher as all eyes were glued to this news. The report came in better than expected, showing that payrolls decreased 54K vs. an expectation of a loss of 105K, but 67K private sector jobs were added. The unemployment rate came [...]
Source: Forex Yard
The U.S. payrolls report is due today with analysts forecasting the economy added 185,000 jobs last month. That would be an outcome that would likely lift the U.S dollar and boost expectations for higher U.S. interest rates.
Economic News
USD – U.S Dollar Recovers Ground vs. EUR
The U.S. [...]
By Rita Ruvinski – Beware of extreme market volatility during the U.S. payroll data today! European markets are closed on Friday for National Holidays and this will substantially increase the risk of erratic trading and very thin volume following the release. The best strategy looks to be to buy USD/JPY on [...]
