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  • U.S. hiring seen rebounding in September

    From reuters.com

    U.S. employers likely stepped up hiring in September and the jobless rate probably held at a six-year low, which could bolster bets on a Federal Reserve rate hike in mid-2015. Economists polled by Reuters expect U.S. non-farm payrolls rose by 215,000 last month, with the jobless rate staying at 6.1 percent. Hiring had faltered in August but a range of signs from robust retail sales to optimism among factory managers point to a level of economic vigor unseen since before the 2007-09 recession. "What we see is a measured confidence. The business sector is now much more likely to hire even before there is a fall in their ... (full story)

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Of course the job numbers will be better. The President is already saying that they are better
Ok. So the article talks about the dollar getting stronger post NFP with good numbers expected.
But I am long in EURUSD and GBPUSD expecting bad figures.
Waiting for the outcome of today's major event.
Leaders don't do different things, but they do the same things differently.
Don't much care what the "pre-election" BS numbers will be. The buck is due a good correction at the very least. At least that's what my charts say.

Anybody who believes this crap seriously needs to wake up. Yes world, I'm speaking to YOU! Just the fact they claim a 6.1% unemployment rate here is so far from reality it would be laughable if not so sad.

Bring on the BS data. I'm short UJ and holding. Maybe I'll be wrong in the end but if so, it's only due to pure BS.
Ghost Rider - WWTBMD?
Quoting 111ForexGuru
Ok. So the article talks about the dollar getting stronger post NFP with good numbers expected.
But I am long in EURUSD and GBPUSD expecting bad figures.
Waiting for the outcome of today's major event.
....so you're calling a bottom on EU and GU?
Carbon-Dioxide: the gas of life!
According to my analysis, NFP results will be positive but since the dollar is due correction & seeing the ADP NFP results' Dollar reaction I would avoid having any open positions.
Quoting Exodus
....so you're calling a bottom on EU and GU?
In no way am I saying that this is certainly the bottom. It may be a bottom, or may be a correction, or oversold zone , etc.
All I am interested is in taking a position and trying to gain from it.
Leaders don't do different things, but they do the same things differently.
Bottom of EU is 1.21

Won't go up until then, NFP will be a big beat today, gold and EU going down hard.
Quoting 111ForexGuru
In no way am I saying that this is certainly the bottom. It may be a bottom, or may be a correction, or oversold zone , etc.
All I am interested is in taking a position and trying to gain from it.
ok
Carbon-Dioxide: the gas of life!
Quoting 111ForexGuru
Ok. So the article talks about the dollar getting stronger post NFP with good numbers expected.
But I am long in EURUSD and GBPUSD expecting bad figures.
Waiting for the outcome of today's major event.
This time the article was correct.
My speculation turned wrong. Need to catch up another time.
Leaders don't do different things, but they do the same things differently.
After yesterday's Challenger job cuts figure I had a hunch that the NFP would be good, but the real kicker is the unemployment rate moving 0.2%.

I know these figures are all made-up in the recent days, but they do seem to have an effect sometimes.
Carbon-Dioxide: the gas of life!
Quoting Exodus
After yesterday's Challenger job cuts figure I had a hunch that the NFP would be good, but the real kicker is the unemployment rate moving 0.2%.

I know these figures are all made-up in the recent days, but they do seem to have an effect sometimes.
Your hunch was correct. Good.
I hope you did make some pips today.
Leaders don't do different things, but they do the same things differently.
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