US Unemployment Claims on Tap Today
October 22, 2009 10:16 am by Anton EljwizatThe pound experienced one of its most bullish trading days in recent weeks on Wednesday. The GBP made significant gains against many of its most traded currency pairs, such as the USD, EUR and JPY.
U.S Job Losses May be Larger than Expected
October 2, 2009 1:39 pm by Natalie R.The release of the Non-Farm Employment Change (NFP) today at 12:30 GMT will likely show that the U.S. jobless rate probably rose to a 26-year high in September, climbing to 9.8%, the highest since 1983, from 9.7%t in August. Furthermore, ...
U.S Unemployment Claims Unexpectedly Drop
September 25, 2009 9:58 am by Natalie R.The number of Americans filing first-time claims for jobless benefits dropped unexpectedly last week to the lowest level in two months. Applications fell by 21,000 to 530,000 in the week ended Sept. 19. This was seen as another sign the ...
Labor Day May Cause Volatility; USD in Downtrend
September 7, 2009 7:00 am by Greg HoldenAfter gaining considerable strength following last Friday's Non-Farm Employment data, the USD took a dive against most of its currency rivals on Friday, closing the day out lower against them all. Today's market opening revealed that most traders are pricing ...
Employment Figures from US and Canada Today
September 4, 2009 9:37 am by Natalie R.The Canadian Dollar and U.S. Dollar are expected to be at the forefront of trading today with important employment data from both. Opening large positions in both of these currencies could bring you large profits, as this week's trading comes ...
European Interest Rates and American Employment Data on the Way
September 3, 2009 5:36 am by Greg HoldenToday may be one of the more volatile trading days this month. The Euro-Zone will release its recent decision regarding regional interest rates, and Britain, Australia, and the US will each publish a number of important data regarding trade balances, ...
Movements in Equity Markets to Dominate Forex Trading Today
July 23, 2009 1:26 pm by Natalie R.Movements in global equity markets are likely to dominate forex trading today. This is as earning reports continue to be published. For today, however, the dominant mood will likely be caution, as the expectation is for poor results. Furthermore, the ...
Crude Oil Update
July 16, 2009 1:33 pm by Dan EduardLet's be honest, Crude Oil prices have faced much of a rollercoaster ride in the past several weeks. On the 29th of June prices nearly hit $74 a barrel. However, for the 2 weeks following this, prices went into freefall.
US Unemployment Claims on Tap
June 11, 2009 9:45 am by Anton Eljwizat8:30 GMT: GBP - Consumer Inflation Expectations · This indicator reflects the percentage that consumers expect the price of goods and services to change during the next 12 months · Expectations of future inflation can manifest into real inflation, primarily because workers ...
EUR Minimum Bid Rate to Drive Forex Market Today
June 4, 2009 11:39 am by Dan EduardThe most important economic news event of the day is the EUR Minimum Bid Rate at 11:45 GMT. Traders are advised to take up position in the EUR and its major crosses most prior to and after the release of the ...
