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Posts Tagged with ‘Payrolls’

Non-Farm Payrolls Expected to Further Boost the Dollar

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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 )

US Non-Farm Employment to Set Today’s Pace

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By Forextvblog on September 4, 2009 -
Forex TV Blog
The U.S. Non-Farm Employment Change Data is set to be published at 12:30 GMT, and is expected to be the most important news event when it comes to market volatility. Traders are also advised to follow the G20 Meeting that will commence today, and the U.S. Unemployment Claims data at 12.30 GMT. In the meantime, open your positions in the majors now, as today's trading gets under way.[caption id="attachment_1808" align="alignright" width="293" caption="Non-farm Payrolls On Tap"][/caption] The U.S. Dollar was slightly stronger vs. the EUR on Th... ( read more )

US Non-Farm Employment Change to Set the Pace Today

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By Forextvblog on July 2, 2009 -
Forex TV Blog
The forex market is expected to be extremely volatile today, as the U.S. releases the results of the Non-Farm Employment Change at 12:30 GMT. The EUR Minimum Bid Rate at 11:45 GMT and U.S. Unemployment Claims at 12:30 GMT are also expected to dominate trading for the USD, EUR, and GBP crosses. Traders are advised to enter the main currency pairs now in order to profit from risk appetite. The Dollar index continued its decline yesterday, trading at 79.619, down from 80.179 late Wednesday. The drop followed the release of the ADP Non-Farm Empl... ( read more )

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

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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

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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 )