US Employment Data Spurs Risk Aversion
August 31, 2011 5:11 pm by Greg HoldenNews out of Automatic Data Processing, Inc. (ADP) today appears to have shifted a large number of investors back towards safe-haven assets. While private sector job growth has been on the rise for the past 14 months, the data is ...
EUR Weathers Storm, Continues Gaining
May 4, 2011 4:38 pm by Greg HoldenThe euro has surprisingly held its ground lately, despite the sell-off during this morning’s Asian trading sessions, which saw a downturn in commodity-linked currencies like the Aussie (AUD), Kiwi (NZD) and Loonie (CAD).
US Economy adds only 179K Jobs, According to ADP
May 4, 2011 4:34 pm by Greg HoldenAutomatic Data Processing Inc. (ADP) published its non-farm employment change estimate today, showing an expectation of approximately 179,000 new jobs being added to the American private sector in April. The news stunted the US dollar’s mild gains in today’s trading, ...
US ADP Non-Farm Figure on Tap
March 2, 2011 6:14 am by Dan EduardAhead of a potentially volatile day, the US dollar saw some gains in the overnight session. Since yesterday afternoon, the EUR/USD has continuously dropped and is now trading right around the 1.3775 level. Whether the greenback can maintain ...
ADP Foreshadows Sharper NFP Drop; USD Under Pressure
September 1, 2010 3:53 pm by Greg HoldenThe US Non-Farm Employment Change report, or Non-Farm Payrolls (NFP) for short, is a strong indicator of market activity in one of the world's largest economies. As such, this report carries a significant impact on the value of the US ...
Forex News: ADP Employment Figures and the US Dollar
August 4, 2010 7:47 am by Natalie R.Following the flow of recent negative economic data, the US dollar dropped to its lowest level in 4 months, prompting speculations the Federal Reserve may renew its monetary easing and start its bond purchasing program again.
USD Makes Record Gains; NFP Expected to Accelerate USD-Growth
May 6, 2010 11:31 am by Greg HoldenAnother new month brings with it a fresh Non-Farm Employment Change report from the US government. No doubt many investors have been watching the riots unfold in Greece, bailout packages getting solidified and a shocking plummet in the value of ...
ADP Employment Change Report on Tap
March 3, 2010 10:11 am by Natalie R.Investors should focus today on an Automatic Data Processing Inc.'s (ADP's) estimate of Non-Farm Employment Change. In the past, ADP has provided an accurate assessment of what was to come from the actual NFP release two days later. With the ...
