Today's US unemployment insurance weekly claims report could attract some attention. So-called initial claims have jumped over the past two weeks (highlighted in yellow on the graph below).
Added by Curt Wehrley on April 11, 2013 at 12:09pm — No Comments
The National Federation of Independent Business (NFIB) has released its latest monthly report based on surveys of small businesses in the United States. The March report suggests weaker US jobs figures during the spring season.…Continue
Added by Curt Wehrley on April 9, 2013 at 2:42pm — No Comments
Wednesday's New York morning session news schedule features ADP's National Employment Report, due out at 8:15am ET (12:15 GMT). The consensus forecast derived from a Bloomberg News survey calls for an estimated 170,000 workers added by US companies in April. The previous report showed that the private workforce grew by 209,000 in March.
The prior four ADP releases have had no lasting impact on the price of the EUR/USD or EUR/JPY…Continue
Added by FX BOOTCAMP on May 2, 2012 at 3:30am — No Comments
Most intra-day traders like some price volatility. Volatility means price movement, and movement -- if one's trade is pointed in the right direction, of course -- can translate into profits.
I mentioned in this post that the Australian jobs report can certainly move the Aussie. As the graph below illustrates, sharp moves on the AUD/USD currency pair during the first few minutes following that…Continue
Added by FX BOOTCAMP on April 11, 2012 at 3:52pm — No Comments
At 8:15 am New York time (12:15 GMT), US-based payroll processing company ADP is expected to release its National Employment Report for March. The consensus forecast, based on the median estimate of economists surveyed by Bloomberg News, calls for a month-to-month increase of 206,000 US jobs.
Tradeable volatility on the US dollar pairs has been largely absent during the hour following the release of the past twelve ADP reports. By contrast, the Japanese yen has generally shown more…Continue
Added by FX BOOTCAMP on April 4, 2012 at 1:34am — No Comments
Thursday's FX Asian session features the release of the February Labour Report from the Australian Bureau of Statistics.Continue
Added by FX BOOTCAMP on March 8, 2012 at 12:06am — No Comments