The US dollar fell against other major currencies, including the Great Britain pound and the Japanese yen, today after the non-farm payrolls showed that job creation in the US stalled. The currency also slipped against the euro, but later rebounded.(…)Read the rest of US Dollar Suffers From Terrible Nonfarm Payrolls (114 words) Posted on Forex News. Read More US Dollar Suffers From Terrible Nonfarm [...]
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The Great Britain pound gained against the US dollar as bad US non-farm payrolls reduced attractiveness of the greenback. The sterling also moved higher versus the euro as traders are concerned about the European economy.(…)Read the rest of Pound Profits from Terrible US Payrolls (128 words) Posted on Forex News. Read More Pound Profits from Terrible US Payrolls
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The US dollar weakened today against most major currencies after the government report showed that growth the US non-farm payrolls was much lower than predicted and the unemployment rate unexpectedly increased. The US currency advanced versus the euro.(…)Read the rest of US Dollar Weakens on Very Bad Payrolls (91 words) Posted on Forex News. Read More US Dollar Weakens on Very Bad [...]
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Read More Euro US Dollar Volatility Likely on European Central Bank, Nonfarm Payrolls
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The data is a reminder to not put too much weight on a single number but rather to look at the trend in data. Non-farm payrolls are rising on a 160,000 average, currently up from 120,000 in early 2011. While still being an improvement it is a much slower pace Read More US Payrolls Weak [...]
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The euro jumped to the highest level in four weeks against the US dollar as Greece will receive more aid and as the US non-farm payrolls were simply terrible.(…)Read the rest of Euro at Four-Week High vs. Dollar on Greece & Non-Farm Payrolls (102 words) Posted on Forex News. Read More Euro at FourWeek High vs Dollar on Greece dan NonFarm Payrolls
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FX markets were broadly stable in Asian session, as traders digested the disappointing ADP report ahead of the critical payroll data tomorrow. ADP employment change printed at 38k vs. 175k exp figures and to highlight the erosion in US economic data, ISM manufacturing also printed below expectations. Yields on US Read More Waiting For US [...]
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U.S. Non-Farm Payrolls are projected to increase another 170K in May, and the ongoing improvement in the labor market should spur a bullish reaction in the U.S. dollar as private sector spending remains one of the leading drivers of growth. Read More EUR USD Trading the US NonFarm Payrolls Report
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The US dollar was winner against most major currencies today as the non-farm payrolls showed that the employment growth accelerated last month, frustrating the analysts, who expected slower growth.(…)Read the rest of Positive Nonfarm Payrolls Give Dollar Basis for Rally (102 words) Posted on Forex News. Read More Positive Nonfarm Payrolls Give Dollar Basis for Rally
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Looking forward, we expect monthly employment gains to stay around 250,000. In combination with lower oil prices, which will pull down the inflation rate, this translates into decent real income growth. We therefore look for a rebound in consumption growth to 3.5% in coming quarters after a 2.7% increase in Q1. Read More US Payrolls [...]
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