Chances of QE3 Rising; ISM Services Report Shows Rocky Road
The Services PMI disappointed forecasts, but if you breakdown the report we see that for the most part it showed strength in business activity, new orders, and exports but was considerably weak in the employment sub gauge. What this means is that
NFP Only as Expected – EUR/USD Sells the Fact
US Unemployment Rate Falls to 8.6% – this is a big positive surprise. Non-Farm Payrolls showed a gain of +120K as expected before the publication, but worse than rumors suggested.EUR/USD rose to the higher end of the 1.3420 – 1.3550 range upo
Preview: Is NFP Leaning Towards Positive?
The labor market situation in the US is expected to have improved in November, with a pick up in the amount of jobs created in the month up from October. From a gain of 80K jobs in October, the consensus forecast if for a reading around 120K. Tha
US Jobless Claims Bounce During Holiday Week
According to the US Labor Department, US jobless claims unexpectedly rose in the week ending November 26th. Figures showed that weekly unemployment claims rose by 6,000 to 402,000 for the week. This is comparatively higher than market estimates
Stock Futures Down Ahead of Key Employment Report
ADP non-farm employment report due out at 1:15pm GMT, 30th Nov 2011. Report is expected to show 131k new jobs created for the month. Read More
Japanese Unemployment Jumps, USDJPY Remains Stable
The USDJPY continued to trade above support at 77.50 following mixed economic reports released today by the Statistics Bureau. According to the Japanese bureau reports, household spending improved in the month of October – for the second month i
Binary Options Daily Setup November 23rd 2011
Today, November 23rd 2011, offers traders 4 events on the USD/JPY, EUR/USD and NZD/USD. These events provide excellent trading opportunities for binary options trading. Pay Attention to the U.S. Unemployment Claims at 13:30GMT.
US Jobs and Housing Data Positive, Philly Fed Index Misses
In today session we saw a better-than-expected readings from jobless claims as well as housing starts and building permits. However a reading on manufacturing – the Philly Fed index came in weaker than expected. The employment data may be the mos
BOE Sees Inflation Below 2% in 2 Years Time, Labor Data Dour
The bank predicts that inflation will be below 2% in two years time, with forecast of 1.5% annual rate in 2013. The prospects for the economy have worsened and incorporating the newest quantitative easing figure, inflation is still more likely to
US Jobless Claims Drop To 7-Month Low, Boosts EURUSD
The US employment picture improved in the week ending November 5th, according to the most recent jobless claims report.
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Non-Farm Payrolls Disappoints, Hits EURUSD Hard
The EURUSD plunged by as much as 130 pips or almost 1% following a worse than expected US Labor Department report. Resistance at the 1.3850 proved too much for Euro buyers as non-farm payrolls rose less than anticipated in October.


