Loonie Slides as Canadian Economy Sheds Jobs in August
After a bank of Canada interest rate decision earlier in the week – which put the BOC a neutral to dovish stance – Canadian authorities put out a weak August jobs report.The report shows that the soft period of growth that Canada experienced duri
Let's Do the Twist!
I'm not talking about the dance, fellas. I'm referring to Operation Twist, one of the alternatives the Fed is contemplating in place of QE3!
PREVIEW: Aussie Jobs Expected To Remain Robust
(Dow Jones via eFXnews)PREVIEW: Australian jobs numbers for August due at 0130 GMT are expected to have remained robust even as some forward indicators point to a softening labor market.
The median economists' forecast is for
Can Obama’s Speech on Job Stimulus Change Anything?
what can we really expect from tomorrow’s speech in Congress in the middle of a global debt crisis?Facing staunch disapproval ratings as a result of the current economic turmoil, tomorrow Obama is expected to propose spending $300 billion for
Daily Technical Update – Sept 2, 2011
U.S. Dollar key points: No new jobs created in August. Markets hugely disappointed and looking for stimulus from the Fed. Unemployment steady at 9.1%.
Flat Jobs Report Boosts Pressure On Fed To Act
(Dow Jones via eFXnews)Flat job market performance in August boosts the odds by a notable amount the Fed will do something else to help the economy at some point in coming months.
While it's not clear the Fed has any good tools to spur gr
Non-Farm Payrolls Flat - Dollar Down Against Safe Havens
No jobs jobs were added during August in the US. This is below the 74K that was expected by economists. The unemployment rate remained at 9.1%, as expected. The chances of QE3 or any other special easing tools by the Fed are now lower. The dollar
Goldman Sachs Cuts Aug Payroll View
(Dow Jones via eFXnews)Citing signs of weak hiring in late July and early August, economists at Goldman Sachs cut their forecast for tomorrow's nonfarm payroll number to a gain of just ....
Scenarios for the NFP
It's NFP time again, and you know the drill! Let's take a look at what the markets are expecting, how the Fed could react, and what it could mean for the U.S. dollar.
What’s Happening With Currencies – August 31st, 2011
Commodity bloc currencies are once again leading the fray, with all three moving higher against the US dollar. But, it’s a different story for the Euro and British pound. Both currencies are suffering against the US dollar, especially with Euro
Why The Federal Reserve Minutes Weren’t That Great
On August 30th, the minutes from the Federal Reserve’s August 9th meeting were released. And, they weren’t what the market was expecting.Speculators all prepared to accept the the inevitability of more cash injections into the economy, inste
Strikes, Temp Workers Stir US Jobs Fears
(Dow Jones via eFXnews)With 46,300 workers -- mostly from Verizon -- on strike during the August survey week, Friday's key US monthly jobs report was already setting up to be a real downer.
Now National Bank in Canada raises another worry:


