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  • The US Employment Situation - March 2014

    From bls.gov

    Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment grew in professional and business services, in health care, and in mining and logging. Household Survey Data In March, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Both measures have shown little movement since December 2013. Over the year, the number of unemployed persons and the unemployment rate were down by 1.2 million and 0.8 percentage point, respectively. ... (full story)

Buy Majors. They are going to go up. Especially Euro and Pound would recover their losses of yesterday.
bad for USD
whats going on why EU is going down ??????
results are better then last month...dont manipulate!!!
It's all about the Technical levels guys. Technical levels are strong.
why the report didn't show on main page, but showed on breaking news?
Mixed market again... really confusing
Bullish Trap ...... Data is better from Previous
Oooooooooopppppppppssssssss
Quoting Crucifix
Bullish Trap ...... Data is better from Previous
really???
check again..
Quoting illupo91
really???
check again..
Numbers are extremely good...the 197k was a revesion on the reported 175K. So the US economy is growing at aprox 190+ rate. for 2 months after half of the QE is off... Numbers are good...at the end everybody will face the reality just be patient
Quoting Marsfx
Numbers are extremely good...the 197k was a revesion on the reported 175K. So the US economy is growing at aprox 190+ rate. for 2 months after half of the QE is off... Numbers are good...at the end everybody will face the reality just be patient
your explanation is better.
i can take that.
Since Janet yallen take over as Fed chair,the crazy market has been created.
Just now eurusd has touch strong support 1.3683.
1.3683 -------- ) 1.3913
The report is good and it is progressive, which is what the US economy need now. Care should though be the watch word.
Already long on S&P 500 and Dow Jones.... Can't wait to see the record levels today... Today's data proves that stimulus is still needed in huge amount, and this will continue... Good for Wall Street !
sell EUR, sell GBP, buy USD
usd/cad down like waterfall....(jumping from chair)
Quoting GainPip5
Already long on S&P 500 and Dow Jones.... Can't wait to see the record levels today... Today's data proves that stimulus is still needed in huge amount, and this will continue... Good for Wall Street !
sorry to disagree. QE will end by July 2014 and interest rates will go up the latest first semester of 2015... Keep this quote and you will see... A fellow Canadian that lives abroad
Quoting simply.monty
sell EUR, sell GBP, buy USD
agree, the gbp and euro up movement was not really that strong
what are you talking about. Previous was 197 and we got 192. How is that better? USD is down.. The economy is sinking..
And unemployment rate 6.7%.Good?LOL..Usd down ....This is only correction market..Eu will fly to the sky...
  •  Guest
  • | IP XXX.XX.218.187
this is a market driven trade or trades, if the markets like it go with it.
Quoting askchiboy
what are you talking about. Previous was 197 and we got 192. How is that better? USD is down.. The economy is sinking..
Okkkkkk.. well. let's go back to basic....The number reported last month was 175K. Today it was revised to 195K. That means that the number relised last month was off by 20K (huge) number. So todays number was expected to be 199 it came in 192K this is worst than expected true. BUT and there is a BUT, the numbers show that the US economy is stabilizing adding appx 190k+ jobs for two months in a row and all that after the QE is cut to half (since december 2013). My friend the numbers are good... I am not sure if euro/usd will go up or down next hour, next week,next month, but what I know is that the US numbers are good.
Quoting asmadi78
And unemployment rate 6.7%.Good?LOL..Usd down ....This is only correction market..Eu will fly to the sky...
Yes unemployment rate at 6.7% is good....unchanged vs last month next month will be at 6.5%. remeber my post
Nfp comes bad but why Usdjpy going up ???.

This is again prove that News or fundamental trading is totally stupid .

Technical analysis is boss .

News trading is just west of time and money
MA provides the market's current direction and strength.
the downtrend of eurusd from 13/03/14 is yet to complete so its price should continue falling to the range of 1.3660 - 1.3650..... after which am foreseeing euro sky-rocketing upward over 1.4xxx
To all of that why AUD grows than?
Previous was 6.6%..now 6.7%
Lamira : audusd will fly to 0.9350.
6.6 was forecast
Quoting Marsfx
Okkkkkk.. well. let's go back to basic....The number reported last month was 175K. Today it was revised to 195K. That means that the number relised last month was off by 20K (huge) number. So todays number was expected to be 199 it came in 192K this is worst than expected true. BUT and there is a BUT, the numbers show that the US economy is stabilizing adding appx 190k+ jobs for two months in a row and all that after the QE is cut to half (since december 2013). My friend the numbers are good... I am not sure if euro/usd will go up or down next hour,...
Good..
  •  Guest
  • | IP XXX.XXX.218.106
For all of you guy's trade like sniper or what crocodiles can teach US about trading, just close an eye to watch price action only. So, NEWS OR NOISE?
Quoting asmadi78
Previous was 6.6%..now 6.7%
Check the number again...you are wrong. Last reading was at 6.7% and 6.6% was expected
why dont u guys simply invest in indices for now ?
  •  Guest
  • | IP XX.XXX.114.78
Quoting Marsfx
Okkkkkk.. brabrabra... I am not sure if euro/usd will go up or down next hour, next week,next month, but what I know is that the US numbers are good.
Then WHY do you care about US numbers and WHAT'S the use of them if they can't point you eur/usd whereabouts in any time horizon?

My 2cents advise: With such huge revision release is as good as a non paper and the one following them as good as non trader.

partoalliosthaabreis
  •  Guest
  • | IP XXX.XXX.223.100
sorry i have to disagree with may points of you who disbelieve US Dollar in good conditions, market not stable due to profit taking, mostly.

We can expect rely only on one news like non farm payroll.
It take many combinations of news to form a good market directions.

Just be patients
[quote=hasib;7384215]Nfp comes bad but why Usdjpy going up ???.

This is again prove that News or fundamental trading is totally stupid .

Technical analysis is boss .

News trading is just west of time and money[/quot


I've been saying that for years. It's not about the news. News is a distraction of what is really going in the markets. Is it funny to you to see how many people on here are worried about the data of news instead of focusing on there charts right in front of them?? They will learn the hard way and figure it out. Technical analysis is the top dog. Have great weekend.
Quoting cblack
Quoting hasib
Nfp comes bad but why Usdjpy going up ???.

This is again prove that News or fundamental trading is totally stupid .

Technical analysis is boss .

News trading is just west of time and money[/quot


I've been saying that for years. It's not about the news. News is a distraction of what is really going in the markets. Is it funny to you to see how many people on here are worried about the data of news instead of focusing on there charts right in front of them?? They will learn the hard way and figure it out. Technical
...
The words that are worth of gold!
  •  Guest
  • | IP XX.XXX.243.197
Quoting cblack
Quoting hasib
Nfp comes bad but why Usdjpy going up ???.

This is again prove that News or fundamental trading is totally stupid .

Technical analysis is boss .

News trading is just west of time and money[/quot


I've been saying that for years. It's not about the news. News is a distraction of what is really going in the markets. Is it funny to you to see how many people on here are worried about the data of news instead of focusing on there charts right in front of them?? They will learn the hard way and figure it out. Technical analysis
...
Well the number and the forecast are really close, it's like a rounding error.

It would be foolish to ignore news, when the forecast / actual number are off by a wide margin you then see the impact of the new data which simply could not be explained technically (remember when you're charting your getting lagging indicators, new data is a leading indicator).

So it's more correct to say that when the news doesn't have a large impact than you should fall back on the technical data. I wouldn't put a position on ahead of news purely based on technical analysis, that's a recipe for disaster.
Quoting Lamira
To all of that why AUD grows than?
because the majority of retail traders like you and me are short and almost every one was expecting Aussie to go down specially after the NFP news , i guess .
وائل
Quoting hasib
Nfp comes bad but why Usdjpy going up ???.

This is again prove that News or fundamental trading is totally stupid .

Technical analysis is boss .

News trading is just west of time and money
if news trading is a waste of time , then why are you here ? discussing the unemployment situation .
وائل
  •  Guest
  • | IP X.XX.139.135
The numbers are good- it's pretty obvious by the very first reading. But what matters is the interpretation of them.
All numbers published this week are indicating that the economy operates at a very high level on the productivity curve: unemployment at very low level (effective labor pool is limiting), ISM, factory orders, non-manufacturing, they're all at their high bounds.
The equity market apparently sees it and doesn't know what else to expect....
What is coming next (in my opinion) is wages increase, the inflation's twin
Forget wage inflation, not gonna happen. In real terms wages in the USA are back to 1970's levels.


Quoting Guest
The numbers are good- it's pretty obvious by the very first reading. But what matters is the interpretation of them.
All numbers published this week are indicating that the economy operates at a very high level on the productivity curve: unemployment at very low level (effective labor pool is limiting), ISM, factory orders, non-manufacturing, they're all at their high bounds.
The equity market apparently sees it and doesn't know what else to expect....
What is coming next (in my opinion) is wages increase, the inflation's twin
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
The bear is angry. I ask for the market to go down a bit. It went all the way down.
Agree with Marsfx, in real terms US jobs has gone up for the last three months. Good for USD but the Market Makers are creating bear/bull traps, like they did on the The Cable last Thursday. Just go back to Fundamentals., then wait for the Price Action.
Quoting wael shami
because the majority of retail traders like you and me are short and almost every one was expecting Aussie to go down specially after the NFP news , i guess .
Yep. Its just soooooo weird
Quoting Guest
Then WHY do you care about US numbers and WHAT'S the use of them if they can't point you eur/usd whereabouts in any time horizon?

My 2cents advise: With such huge revision release is as good as a non paper and the one following them as good as non trader.

partoalliosthaabreis
Dear Guest...

As I said I cannot predict the price of the currency anymore..since "Institutional" Investors, Market Makers and Governments are actively looking tom profit from their "agenta" and NOT from Fundamentals...So going back to Fundamentals NUMBERS IN US ARE GOOD
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