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  • Payrolls in U.S. Rise 165,000 as Unemployment Drops to 7.5%

    From bloomberg.com

    Employment picked up more than forecast in April and the jobless rate unexpectedly declined to a four-year low of 7.5 percent, showing the early stages of government budget cuts failed to destabilize the U.S. labor market. Payrolls expanded by 165,000 workers last month following a revised 138,000 increase in March that was larger than first estimated, Labor Department figures showed today in Washington. The median forecast of 90 economists surveyed by Bloomberg projected a 140,000 gain. Revisions to the prior two months’ reports added a total of 114,000 jobs to the employment count in February and March. Hiring ... (full story)

no more QE...
Why NZD is Flying ....
  •  Guest
  • | IP XX.XXX.198.82
Can The Euro Finally CLose Below 1.3000 On The Daily Chart? The Is The MaJor Question!
And more importantly on the weekly chart.
buy dollar
  •  Guest
  • | IP XXX.XXX.112.33
gold..falling down
Bogus, Figures lie and liars figure. How about the millions of unemployed that stopped looking for work? Shouldn't they be included in the calculations as well?
usd/jpy doing a breaking bad..
Quoting Rsdfx
Why NZD is Flying ....
Unemployment drops to 7.5%, it's a good signal to world's top crude consuming nation.

aud, nzd and cad are flying together with oil...
US Govt Employment offices are not even considering giving Unemployment Applications, Respond is come back tomorrow.
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Quoting orzogc
buy dollar
Still Cautious, Eu Struggling At 1.3050 Area...And ThenThe 1.3000 WillBeInteresting. Either Way, Should Help Me For Trading Next Week.
  •  Guest
  • | IP XX.XX.177.71
In three days I saw 5 times when bulls were eaten by bears, so bulls were weak, and move was predictable.
qe will continue dont worry
Good moment to be short safe havens (CHF, JPY).
Happy here in Amsterdam
PK
Quoting Kis Zoltan
no more QE...
qe will continue dont worry
Quoting mkj111
qe will continue dont worry

6.5% is the Fed's unemployment target iirc.
But without expansion
  •  Guest
  • | IP XXX.XXX.248.127
up up and away euro and gbp!!!
Remember that the fed has a specific unemployment target. Once hit, then REDUCTION in QE...best of luck everyone. Cheers!
I haven't crunched the exact numbers but I recall a paper stating that roughly 3.2 million new jobs need creating from December 2012 to reach 6.5% unemployment. Ergo, at this jobs rate, we're looking at another two years+ of QE or circa $2 trillion <gulp>

Quoting pippiphooray
Remember that the fed has a specific unemployment target. Once hit, then REDUCTION in QE...best of luck everyone. Cheers!
hahaha, DOW and S&P is at all time high..mean Economy is very good and Amazingly still looking for QE.....hahaha another bubble...U cant be king as well as beggar
Quoting mkj111
qe will continue dont worry
sure why not? Unless the unemployment over 500K you wish more QE
Quoting Squeeze
6.5% is the Fed's unemployment target iirc.
7.5% is the Fed's unemployment / one percent will not come so easily my dear friend......
Thank Baby-boomers for this ... I'd bet workers involved is still falling ... so ... 7.5 % now is ten times worse than 10 years ago
if qe will stop, then will the gold come to 100 usd / 1 ounce? foolish comments. GOLD can survive without qe also
Actually continuation of QE till 6.5% is priced in, but now the case is whether it will expand or not
will have to expand by the fed
  •  Guest
  • | IP XX.XX.79.229
can't see that the employment figures justified the rocket on s&p and dow. some other reason caused it like fund managers sitting with too much cash. anyway was long dow futures from couple hours before nfp. 161.8 fib extension on h1 got hit at 14893. let's see what the jobs analysts have got to say.
Quoting Guest
up up and away euro and gbp!!!
hahahahha up ?
your dreaming
Quoting ziexnanan
hahahahha up ?
your dreaming
if gold trade 1468 below for another some time we will see 1435 major support level below this welcome new low
Quoting Black Caviar

)
Despite tax revenues already being at record highs the irresponsable deficit spending will continue so the QE will also have to continue. If it were to stop interest rates would soar and the economy would really crash. Only 4 years - 100 days more of Obama. roll eyes

Until the labor participation rate icreases and the government assistance rolls decrease there is no real recovery. Advertising for food stamps and such is bazarre to any logical person.
Quoting sheety
if gold trade 1468 below for another some time we will see 1435 major support level below this welcome new low
hows is dat measured?? how u seeing strong resistance on 1468?? can u explain pls?
  •  Guest
  • | IP XX.XXX.134.3
GOTTA LOVE IT!!! 1.3030-50 level held again on EU. It just WON'T break down and go below 1.3000. Back to longs next week.
  •  Guest
  • | IP XX.XXX.134.3
And there you have it...right back above 1.3100! Bread & Butter folks!
lol sell dollar against everything except the yen.
  •  Guest
  • | IP XXX.XXX.106.6
lol y all going up vs $
Because everyone realizes even with all the massive money printing, unemployment only down 0.1%? It's a joke.

Imagine when QE stops. Carnage will ensue.

And if QE doesn't stop, consider what non-stop money printing will do to the dollar.
Can someone explain to me why NZD UP ?
  •  Guest
  • | IP XXX.X.189.155
I thought the risk-on, risk-off scenario with the dollar had finally broken down awhile back. But today looks like that is not the case. Meaning, what should be good news for the dollar against other currencies is the opposite. Euro should have broken yesterdays low by more than a few pips, but lets see what plays out
  •  Guest
  • | IP XXX.XXX.16.232
What do baby-boomers have to do with the unemployment report? The baby-boomer generation is primarily responsible for many of the entrepreneurial developments that have increased employment over the years; i.e., Steve Jobs, Bill Gates, Elon Husk, etc.
Quoting Mednetuser
Can someone explain to me why NZD UP ?
because everything else is up.
  •  Guest
  • | IP XX.XXX.198.82
Quoting Guest
I thought the risk-on, risk-off scenario with the dollar had finally broken down awhile back. But today looks like that is not the case. Meaning, what should be good news for the dollar against other currencies is the opposite. Euro should have broken yesterdays low by more than a few pips, but lets see what plays out
Buy The Dips On Euro.... That's All You Need To Know.
  •  Guest
  • | IP XXX.XXX.159.53
There are 14 million people on disability but not part of unemployment rate. FACT.
Hi guys
I am living in France and in England.The situation here about employment, about the rises of the prices of everything essential, the closures of factories really make me non understandig at all why the dollar is going up. We, europeans need a weaker dollar to give a chance to their exports and what ever good news come from America ,it pushes the dollar up.We definitly know that your printing of money like crazy has an effect on the confidence in the dollar but the euro can explode any day. The unemployment here is mad. My daughter like most of her friends has a degree but just can t find a job.
We, the small people playing on the markets,should be aware that this game is led by people who are definitly ready just to take the counterpart of a normal thinking just to sweep off money of small players like most of us. Have a nice day my friends abroad and stop thinking, just follow the big players to grab something from them.
  •  Guest
  • | IP XXX.XXX.133.221
NZD,AUD and CAD follow stock...U can see the stock surging very high...time to pick up..
usd is good for sell in my idia .

in america employment is very bad .

I wish you to buy a 2013 jeep jeep jeep
Maybe they are looking for occasion to hit 1,3300 and big move south, good labour data should open way to 1,2950 next week.
at 20 years ago the dollar are strong and down down maybe this time usa wins and euro wins and asia wins watt apend? more downs or up? sir...
Quoting Yao
because everything else is up.
Everyone is borrowing Yen to buy whatever aka Risk-On trade
sfurqan
dude just chk it
add this ok
10days moving avrg
20 days moving avrg expon
and 200 days moving avrg expon
see the line and let me know
each and every one anlys differently
tell me wat u r mind tell to u ?ok ?
if u want to know more abt me just chk my old post ,
gold sell given at 1682 $ and tgt was 1410 it just hit the tgt in very short time just chk it
sheety| Jan 17, 2013
1682 closing sl u can sell sell sell gold for tgt 1400$
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