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  • The employment situation -- April 2019

    From bls.gov

    Total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, construction, health care, and social assistance. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these ... (full story)

Added at 8:38am

  • U.S. Jobs Top Forecast With 263,000 Gain; Wages Miss Estimates

    From bloomberg.com

    U.S. hiring topped forecasts in April as the jobless rate dipped to a fresh 49-year low and wage gains were slightly cooler than projected, suggesting the still-healthy labor market can continue to support growth without fueling inflation. Payrolls climbed by 263,000 after a downwardly revised 189,000 advance the prior month, according to a Labor Department report Friday that exceeded all estimates in a Bloomberg’s survey. The jobless rate unexpectedly fell to 3.6 percent while average hourly earnings growth was unchanged at 3.2 percent, below projections. The solid reading follows calls from President Donald Trump ... (full story)

Awesome data .. Usd will be strong and stronger
ooo... very-very nice for USD...
But usd not convinced by news
what powell said 2 days ago when the news interest rate was released, it turned out to be all right and need not be doubted
Why usd Weaker then
Any explanation why dollar acting like this now ?
Average hourly earnings are less.
hourly earning was better than previous but less than expected
we'll see soon that buy for usd ... it's Friday ... stoploss hunting first
USD will go down.
  •  Guest
  • | IP XX.XXX.209.3
The good NFP report was anticipated. Traders have priced it in. Hence, minimal volatility upon its actual release.
Rates should be 4-5% in the USA right now
Excellent Jobs Data, US $ prepare for skyhigh ,so bigboys first spread the Hunting Net as a opposite reaction gimmicks works start ,those who felt into the trap after 1-2 hrs they start the game ,beware mkt............
where is the EURUSD seller? why buyers control?
Earnings is the problem!!
It’s just one bad news wait till the American market open I sold AUD/USD and will keep it.
  •  Guest
  • | IP XX.XXX.159.34
excuse me i have one question what is more important between Average Hourly Earnings m/m,
Non-Farm Employment Change and
Unemployment Rate
“Wages for production and nonsupervisory workers accelerated to a 3.4 percent annual pace, signaling gains for lower-paid employees”
Gbp usd
eur usd

i am selling them till monday
The market is looking for an excuse to reverse
Hourly Earnings is less than exceptions not the previous data!
All will be back to technical
Just wait and you will see the dollar is getting more stronger but the sellers are closing their trades now .
The market is like this because of they revised the previous month data so even if this month data is strong, the revised of previous month data is causing insecurities in investors
in eu th4 still strong down with good sentiment .... we will be see when new york open ... price will be down like waterfall
The slightly lower dollar after the excellent US payroll report does not mean that the report will not be a benefit to the greenback but only that in the immediate reaction the good news was already priced into the currency markets.
Reason US dollar weakness
Hourly earnings slightly disappoint consensus, Euro area inflation high
Quoting hesrondopa
in eu th4 still strong down with good sentiment .... we will be see when new york open ... price will be down like waterfall
Agree 👍
  •  Guest
  • | IP XXX.XX.198.160
Average hourly earning is less. Revision in NFP is less than previous actual release. USD was overbought, so yes market was looking for an excuse to sell USD as M0hmz also wrote.
Quoting FlopHero
Awesome data .. Usd will be strong and stronger
I love your anticipations!!! Why don't they come to true?!
when newyork will open
Wages , Earnings by hour per American workers are going down. Economic indication is less capital per household.
Quoting GkennyG
when newyork will open
Already open new york
Stocks will fall too !! NFP more than 200k , Stocks will fall badly .
Quoting XuMar
All will be back to technical
That the USD is strong!!!
I think , NFP Up means Full off Employments, but
Average Hourly Earning Less, means pay less then it should be, means income less
Inflation lower then expected....
Means Growth but inflation in trouble... ; )
What the fuck , Us is getting Weaker
Quoting Ghass1234
What the fuck , Us is getting Weaker
Of course...technical dollar topping + all the sheep here buying the dollar...there is only one possible outcome.
Quoting OnlineAddict
{quote} Of course...technical dollar topping + all the sheep here buying the dollar...there is only one possible outcome.
I am sold it to scalping bro LOL
market unpredictable as always.
Quoting OnlineAddict
{quote} Of course...technical dollar topping + all the sheep here buying the dollar...there is only one possible outcome.
Your comment will go over 99% traders heads/brains. They want the market to behave in a certain way, rather then perceive what the market actually telling them.
dont worry, when trump start to pump in 2t into the market, we will see how all this idiot sellers start to cut loss all their trades
mixed data , confusing . i am lost
Quoting mae4206
dont worry, when trump start to pump in 2t into the market, we will see how all this idiot sellers start to cut loss their trades
Trump wants a weak dollar and he will get a weak dollar.
  •  Guest
  • | IP XXX.XXX.217.9
economy is so strong, cannot find any worker and interest rate will be going up ,and wages will be up otherwise cannot find any worker
Quoting Ghass1234
mixed data , confusing . i am lost
why not look at the chart? The chart compiles all the news/evens into easy to read and understand data.
Fed to lower rates soon, that's what trump has asked for. And that's why $ is diving.
Overall decent US data, except for unemployment num... Saw USD higher initially but gave away. To me market was overextended and short term traders locking in profit ahead of weekend. Overall I feel USD should be stronger coming days
For news like this, I will compare the 'Previous' 'Forecast' and 'Actual' Data between FF, FXStreet and DailyFX. I dont know why, but these 3 sites tend to have different value. And for tonight NFP, there is more 'bad' than 'good' data
  •  Guest
  • | IP XXX.XXX.217.9
the interest rate will be up, because it is hard to find worker , to get proper worker and skillful, the employer need to raise up the wages ,and inflation will be up, unless all the employment figures and employment rate is fake or lying.
fake move
no reason to sell the dollar
there are plenty of reasons to sell all other currencies
Quoting eqtrend
Overall decent US data, except for unemployment num... Saw USD higher initially but gave away. To me market was overextended and short term traders locking in profit ahead of weekend. Overall I feel USD should be stronger coming days
all data is too much lower than expected for the currency value , except employment . the Dollar is way over valued . with way less than expected value , it will not keep it strong for sure
  •  Guest
  • | IP XXX.XXX.191.26
For all trader who are lost and confused - when you feel like this, always consult a WEEKLY chart, where the institutional trader actually trades, and it will clear things up for you, and you will make a LOT of money
EURUSD Intraday (Technical) move as it (Data) was already priced in 2 days ago...
Attached Image (click to enlarge)
Click to Enlarge Name: HI EURUSD.png Size: 81 KB
Quoting OnlineAddict
{quote} Trump wants a weak dollar and he will get a weak dollar.
Good luck to trump then 😆
Not really sure what other people are seeing but my chart shows a breakout above USDX 97.50 resistance last week that reached a high of 98.35. This week a smallish retrace where USDX currently sits at 97.50 the very same resistance that held since November 2018.
This in spite of the constant drum roll out of White House pushing for a weaker USD
Odds do favor this to be a retest of old now broken resistance which appears to be holding as support.
Stronger support yet would be 97.00 level.
Fundamental numbers still show strength. To be calling for a weaker dollar going further into 2019 would be premature in my estimate.
Quoting OnlineAddict
{quote} Of course...technical dollar topping + all the sheep here buying the dollar...there is only one possible outcome.
Friday profit taking.Usd still bullish.
Quoting OnlineAddict
USD will go down.
Yeah but Friday profit taking.Monday bullish Usd starts again.AU noted
Quoting OnlineAddict
{quote} Trump wants a weak dollar and he will get a weak dollar.
I just shorted EU @1.120....
The $ came under pressure today because of the extraordinary rise in April. The same happened during April of last year. So $ is going to take a breather for the most part of next week.
Quoting louisfx
{quote} Friday profit taking.Usd still bullish.
USD is at 97-98 now...what do you mean with bullish? On the upside its pretty much done...but on the downside...it can easily go towards 90, 85 or even 75 long term. Thats a hell of a way to go. But how much upwards? 100? I rather trade in the longer term direction.
Quoting OnlineAddict
{quote} USD is at 97-98 now...what do you mean with bullish? On the upside its pretty much done...but on the downside...it can easily go towards 90, 85 or even 75 long term. Thats a hell of a way to go. But how much upwards? 100? I rather trade in the longer term direction.
I trade what I see Bro.
  •  Guest
  • | IP X.XXX.30.155
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