In today’s edition of Tomorrow’s News Today, Madeleine and I discuss how today’s jobs report is a picture that shows the economy is weaker than the experts think, and that means the feds aren’t about...
Technical Summary: GBP Closes Higher, Targets 1.6692
GBPUSD came off an intra day low of 1.6516 level during the US session to close higher at 1.6610 on Friday. Now seen holding slightly above the...
I will tell you something for nothing about trading: you need to understand the importance of going with the flow. Some people like to observe the markets like a hunter, and wait for a familiar...
* Canadian employment unexpectedly falls 43.2k; rate rises to 8.6%
* US non farm payrolls fall 190,000; jobless rate rises to 10.2%; worse than expected; upward revisions to August, September...
Please try to remember in the face of this noise that the only good INVESTMENTS (as opposed to speculations) are those that do not require you to predict the future. And these are getting tough to...
As printing presses are running at full speed to produce ever-increasing quantities of fiat money as governments engineer the greatest asset price reflation in human history - and the U.S. greenback...
The dollar finishes the week lower against most currencies this week. The fear that ruled last week wasn’t fueled by the terrible American job market, and the blurry rate decision by the Fed. The...
It is indeed an old adage that while goods things are to be preferred over bad things, it is possible to get too much of the former. Looking at recent comments from the governor of the Reserve Bank...
ST ANDREWS, Scotland, Nov 6 (Reuters) - The International Monetary Fund warned global financial leaders on Friday not to repeat the mistakes of the Great Depression and choke off emergency support...
The yen is still trapped between two major prices points; the 89.18 lows and 91.44 highs, and as such two wave counts are still possible...Primary view is bearish.
Businesses cut inventories at the wholesale level for a record 13th consecutive month in September, but sales rose for a sixth straight time.
The hope is steadily rising sales will encourage...
Gold Bugs Still Moving
Gold is trading in a solid up-trend channel, as seen on the 1 hour chart where the recent wave IV may have just been completed, around the 1085 trend line support. As such,...
AUDUSD: Recovering Higher With Focus On 0.9275
Scam
AUDUSD- Outlook for AUDUSD remains higher having held firmly above its MT rising trendline but must break and hold above the 0.9275 level to...
The labor data numbers released for October are rather poor, with the economy shedding another 190K jobs, from which 120K were from the goods-production sector. However, the infamous death/birth...
California Public Employees' Retirement System, knew it was paying uncompetitive rates on foreign-exchange trades as early as 2003, the Wall Street Journal said, citing a consultant who advised the...
So what actually happened? As of this morning, the Bureau of Labor Statistics tells us that we lost 190,000 non-farm jobs, and that the unemployment rate has risen to 10.2%. So let’s have a gander at...
The US economy lost 190,000 jobs in October, according to the latest figures from the Labor Department.
The higher-than-expected figures took the jobless rate from September's figure of 9.8% to...
American unemployment rate is now at double digits – 10.2%. Obama’s warning of a rate above 10% comes true. This worse-than-expected release, together with Non-Farm Payrolls triggers fear of a slow...
We stated that the expected read of -173K looks to be on the high side of optimistic on NFP jobs, and as tenured traders know, this release has no peers in regard to missing it’s mark. Roll up, roll...
The unemployment rate in the U.S. soared to a 26-year high of 10.2 percent in October and employers cut more jobs than forecast, underscoring why Federal Reserve policy makers say interest rates will...
The U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday. Nonfarm payrolls dropped by 190,000 in October,...
European shares started the day with light momentum, and have managed to stay in the green. The S&P futures traded on a light momentum, ahead of the infamous NFP (U.S. payroll report), which is...
Overall, the overnight session proved to be very slow in the currency market, with the major pairs moving on thin momentum. The same trading behavior was seen during the prior day of trading, when...
Browse > Home / All / European Morning Forex Wrap Up; Market on hold ahead of non-farm payrolls European Morning Forex Wrap Up; Market on hold ahead of non-farm payrolls
By Gerry Davies || November...
FXCM has just updated its company profile page with latest financial data. Results show a continued growth in FXCM’s strength, uninterrupted even by the NFA.
Financial Highlights:
Own Capital rose...
Canadian employers unexpectedly fired workers in October and the unemployment rate rose more than expected, suggesting the U.S.’s largest trading partner hasn’t fully recovered from the recession...
The Canadian job market made a U-turn: a huge loss of jobs was reported, and the unemployment rate jumped back up to 8.6%. USD/CAD leaped after the release, creating a hole in the chart. Note that...
