Poor Data This Week Will Help USD -BBH
(Dow Jones via eFXnews)Poor data this week will help USD says BBH which expects that any soft readings would likely prompt a squeeze in dollar shorts.
"On the other hand, an .......
Video: Previewing the Week Ahead in USD
Following Bernanke's speech the USD weakened, and we expected it to continue to be softer if equities and financial markets extend the move from Friday in favor of risk-on sentiment. Bernanke walked a fine line, both being optimistic about the 2n
Why QE3 is a Real Possibility
The market has been very crazy the past two weeks: gold rallied for the first time above $1,800, S&P plummeted to 1,131 to mark a new year-to-date low, and EUR/USD traded wildly within a huge 400-pip range.
Weak Claimant Count Puts FTSE on its Heels
The benchmark U.K. index was lower at Wednesday’s close after a summit between French president Nicolas Sarkozy and German chancellor Angela Merkel failed to reduce fears over the Eurozone’s debt crisis. Worse-than-expected U.K. employment data
US Dollar Preview: USD Data Dominates Schedule
There’s plenty for USD traders on the session as the market will deal with not 1, but 4 major releases for the world’s largest economy.Taking top billing once again will be US initial jobless claims for the week. This survey is expected to r
Analysts say Dismal UK Labor Data Consistent with Recession
It was easy to overlook, with the Bank of England’s minutes’ release taking the economic spotlight in the United Kingdom, but the U.K.’s Office of National Statistics also released July labor data which can’t easily be suppressed. According to th
US Dollar Preview: Jobless Claims Look To Rise
The US employment story is once again at the forefront of today’s session. Although a few weeks back traders saw a trend of decreasing jobless claims, this week is another story.With a return to 400,000 for first time claimers last week, the
Mr. Market Wakes Up to the Jobs and Wages Problem
The credit downgrade and debt ceiling aftermath highlight a much more serious problem -- a jobs and wages problem -- that Mr. Market is finally waking up to. Editor Justice Litle explains...
U.S. Labor Market on the Rebound?
The numbers are in folks: the U.S. labor market improved in July! Last Friday, the non-farm payrolls revealed some good news for the U.S. It showed that net hiring increased by a solid 117,000 in July. Let's take a closer look at the numbers to f
FED WATCH: No QE3 Yet But Small Move May Come Aug 9
(Dow Jones via eFXnews)A slightly rosier U.S. jobs picture relieves pressure on the Federal Reserve to take immediate bold steps to spur the economy, such as embarking on a third round of bond purchases, dubbed QE3.
Still, Fed watchers bel
Non-Farm Payrolls Rise Nicely – USD/JPY and USD/CHF Rise
The number of US Non-Farm Payrolls rose by 117K in July 2011. This is slightly better than official expectations that stood on a gain of around 90K. The unemployment rate also surprised with a slide to 9.1%, exceeding expectations of an unchanged
Obama, Bernanke out of ammo to boost jobs, growth
The United States has a jobs problem and there's not a lot President Barack Obama or Federal Reserve Chairman Ben Bernanke can do about it.


