Posts Tagged ‘Report’
In Forbes magazine’s rankings of the 50 most valuable sports clubs in the world, a majority are NFL clubs. But how can a sport with limited worldwide appeal outperform clubs that play the other kind of football (soccer), which marketing experts say has at least 10 times as many fans worldwide?
One answer lies in the [...]
Plans are only good intentions unless they immediately degenerate into hard work. ~ Peter Drucker Good morning. It’s that day of the month again, when everyone is waiting for the release of NFP report, which is expected by analysts to post a figure around 150k. Most currency pairs are trading quietly since yesterday, ahead of today’s [...]
EUR/USD: The market has finally managed to find some bids and although the broader underlying trend remains intensely bearish, the risks from here are for additional corrective gains back towards the 100-Day SMA in the 1.3400 area before the next lower top carves out. Some falling trend-line resistance has already been broken on the daily [...]
The Canadian Dollar has strengthened this morning after a better than expected employment report showed that the Canadian economy added 60K jobs last month, almost 4 times more than the expected 15K jobs. This helped push the unemployment rate down to 7.1% from an expected 7.3% and shows signs that the economy north of the [...]
Source: ForexYard
The Swiss economy has outperformed most of its regional neighbors and its currency, the franc (CHF), has undergone a meteoric rise over the past two years. Rumblings from within Switzerland, however, seem to show an economy teetering on the brink of a downturn.
The Swiss National Bank (SNB) recently debated ways to curb the franc’s [...]
Not a great shock, that.
USD/JPY has drifted lower in recent ranges, now at 85.12. Sellers remain on rallies toward the 85.50 area.
This week’s Bank of International Settlements (BIS) quarterly report came with some interesting revelations (most of which I’ll discuss in a later post). Below, I’d like to focus on one particularly interesting section entitled, “Foreign exchange trading in emerging currencies.” This section carries tremendous implications for the future of reserve [...]
Source: ForexYard
Today’s non-farm payrolls report combined with the ISM Manufacturing PMI are expected to show further improvement in the US economy. With the increase of risk appetite, commodity prices have soared, benefitting the commodity currencies of Australia and Canada.
Economic News
USD – Jobs Report Expected to Show Improving US Economy
The dollar paired [...]
By Chris Vermeulen, thegoldandoilguy.com
Equities and Precious Metals are on the edge of another rally and it could start as early as tomorrow.
On March 13th I posted some of my analysis online showing how the market was trading at a key pivot point and that a sharp price movement was about to unfold. I [...]
