24/06/ · The chart below summarizes the price news by currency, showing which currency strengthened vs which weakened when equally averaged against other currencies. Of note is that ZAR was the outperformer for the day, moving by %. On the flip side, TRY fared the worst, moving by %. Forex Trend News Forex news and articles about spot Gold prices and oil. Home; News; Forex Trading; Forex Charts; Forex Quotes; Historical Data; Pivot Points; If you like me Bookmark me! Home» Gold and Oil Gold Bounces from $ 16 October THE SPOT PRICE of GOLD BULLION twice bounced off $ an ounce early Thursday – the floor set five times 13/09/ · Founded in , blogger.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals. Get the latest breaking foreign
Gold Bounces from $ - Forex Rate Currency News
Subscription Confirmed! Thank you for subscribing, forex 830 news. Coming Up! Title text for next article. Join our Telegram group. Forex Live Premium, forex 830 news.
Webinar Calendar. Compare FX Brokers. Preview: US nonfarm payroll to be released tomorrow at AM ET Thu 1 Jul GMT Author: Greg Michalowski Category: News. Expectations are for nonfarm payroll to rise byforex 830 news, after last monthincrease Tomorrow at AM, the US Labor Department will release the June employment forex 830 news. NFP K estimate versus K last month expectations were for Forex 830 news last month Private payrolls are expected to rise by K vs k last month Manufacturing jobs are expected to rise by 28K vs 23K last month Unemployment rate is expected to to dip to 5.
Initial jobless claims were higher during the survey week compared to the comparable week last month. Claims surprisingly jumped to K during the survey week was expecting a fall two K during the week.
Continuing claims also were higher at 3. A caveat to the claims data is that there has been a lot of apprehension in believing the numbers. Axios did a report this month saying that because of various factors, the weekly numbers are creating some "noise".
They cited that some states have started reducing the programs benefits and more plan to do so going forward and that has had an impact.
They also commented that the labor department explicitly stated that the newest claims numbers "are not directly comparable to claims reported in forex 830 news weeks". Moreover, Maryland this month announced that it foundforex 830 news, potentially fraudulent claims since May that's a lot for just one state. Finally, they reiterated the fact that claims are just applications to receive employment forex 830 news. They forex 830 news not imply that all who submit an initial claim, are qualified for a claim.
In other words, forex 830 news, the reliability from the weekly numbers can be shaky at best. ADP employment: The ADP estimate for jobs in June released on Wednesday showed a increase to K for June.
That was higher than the expected K, forex 830 news. The May number was revised lower to K from K. The caveat for this series is that ADP numbers have not been very accurate in forecasting the Labor Department's jobs numbers. The last two months have overshot to the upside, whereas previously, the estimates were tilted more to the downside.
The bottom line is that like the initial claims, the estimates from ADPs model, may have it's own set of forecasting problems. ISM manufacturing PMI fell to The employment component continued its move to the downside falling to That takes the subcomponent into contractionary territory for the first time in seven months.
The ISM services data will not be released until Monday. As a result we get no help from that series this month.
Challenger: The Challenger jobs report this week showed that job cuts fell forex 830 news 24, in May from 20, in June. This was the lowest since June Moreover challenger announced atjob cuts evident announced in the first half of the year which is the lowest since That is a good news of for the jobs report. When discussing the economy and policy, the doves including Chair Powell cite the number of people still unemployed.
If the theory is correct, the employment statistics should start to improve more dramatically. That should be supportive of the USDJPY and may continue to support the USD vs the EUR, CHF and GBP. However, it could also see the risk currencies falter if stocks start to tank interest rates start to rise.
Being a technician, forex 830 news, paying attention to the price action and key technical levels is always my suggestions. A caveat on risk: Volatility from the employment report can be brutal. Add the fact that the US will be entering the Fourth of July holiday weekend. If risk is too high, traders always have the option to take the day off for when risk is more manageable. Alternatively, if you are to trade, let the dust settle before sticking your nose in. It might save you from the volatile, illiquid ups and downs that can dominate the first two minutes after the key report.
Get the Forexlive newsletter. Select additional content Education. Trading offers from relevant providers, forex 830 news. By subscribing I agree to Forexlive's TermsCookies and Privacy Notice This field is required. SIGN UP. By continuing to browse our site you agree to our use of cookiesrevised Privacy Notice and Terms of Service. More information about cookies.
Top 5 Economic News Events for FOREX Trading
, time: 10:40US CPI will be released tomorrow at AM ET
24/06/ · The chart below summarizes the price news by currency, showing which currency strengthened vs which weakened when equally averaged against other currencies. Of note is that ZAR was the outperformer for the day, moving by %. On the flip side, TRY fared the worst, moving by %. Forex Trend News Check out My Awesome long-term trading EA atblogger.com: blogger.com the free Discord group!h 01/07/ · Founded in , blogger.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals. Get the latest breaking foreign
No comments:
Post a Comment