Forex Trading TV Video Blog

Forex blog | Forex TV | Daily Forex analysis | Video Forex Analysis | Currency trading news | Gold trading | Crude Oil Trading | Foreign Exchange News.

Posts Tagged with ‘Nonfarm’

Non-Farm Payrolls Expected to Further Boost the Dollar

0
By Forextvblog on May 4, 2010 -
Forex TV Blog
As every forex trader must know, the first week of every month holds the best opportunities for high profits. The reason for that is the U.S. Non-Farm Payrolls report, which is released at the first Friday of every month. Over the last few months, the deteriorating labor market in the U.S. has finally begun stabilizing. For the month of March, payrolls actually increased. The current expectations are for unemployment condition in the U.S. to continue to recover during April, and economists forecast that payrolls grew by 197,000. This means ... ( read more )

July 1, 2009 - ADP Employment Data Wil Drive the Market Today

0
By Forextvblog on
The surprise drop in consumer confidence in the United States yesterday has resulted in a sudden buy-up in USD as investors flock to safe-havens. With a market that appears to be lacking a clear direction recently, major reports such as the CB Consumer Confidence report yesterday, and today's ADP Non-Farm Employment Change report become that much more important to watch as more investors await their release before trading. The greenback gained Tuesday as a report on U.S. home prices showed that the pace of price declines may be slowing and m... ( read more )

June 3, 2009 - US Economy Awaits ADP Nonfarm Employment Figures

0
By Forextvblog on
The Dollar continued its freefall against all the major currencies despite positive housing data figures from yesterday. Today, at 12:15 GMT, Forex traders will have the ability to enjoy hefty volatility in the market as the ADP Non-Farm Employment Change will be released. ForexYard also advises its traders to follow the Crude Oil Inventories report, which is scheduled at 14:30 GMT. The rising prices of Crude Oil have become a top issue in financial sectors as of late, and the U.S inventories report should have a large effect on its pricing... ( read more )

December 5, 2008 - Low NonFarm Figures might Lower the USD

0
By Forextvblog on
The U.S. Dollar experienced heavy losses against its main rival currencies in Thursday's trading session. This was amid the slash of Interest Rates by Official Bench Institutions in a measure described as a proactive step by analysts to stave off the global recession. The greenback was unable to take advantage of yesterday's trading day that saw the European Central Bank (ECB), the Bank of England (BOE), and Sweden's Riksbank reduce their Interest Rates. In the past, Interest Rate reductions in Europe and Britain had reduced the attractiveness ... ( read more )

September 5, 2008 - Nonfarm Payrolls On Tap

0
By Forextvblog on
Yesterday, the greenback saw over 300 pips worth of gain against the EUR, as the cross dropped from a 1.4522 level at the beginning of the trading day, down to 1.4211 - making an 11 month low. The USD also continued its appreciation vs. the GBP; however this rally did not affect the USD\JPY pair, as the USD lost about 200 pips against the JPY. The USD rose during yesterday's session despite some concerning data that was published from the U.S. economy. The Automatic Data Processing has announced a 33K drop forecast for the NonFarm Payrolls. ... ( read more )
12