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Last Update: Sun Jun 7 22:26:14 2009 | | + Forex Exchange Morning Report +
Disbelief. The US jobs report made for a dramatic NY session, the much better than expected headline number producing a rally in risk, [...] in error (publicly denied by officials), which saw risk sharply sold. The higher unemployment rate contributed to the uncertainty,... |
| + USD Rallies as Job Losses Ease +
The dollar continued to rally from its oversold position on Friday after US job losses slowed to a less-thanexpected 345K, the [...] rose to the highest level since last fall, which pressured stocks that closed mostly lower. The S&P 500 fell 2.37 points to... |
| + Sharply Improved NFP Propel USD +
The markets whipsawed sharply this morning following the release of the highly anticipated May US jobs data. Non-farm payrolls [...] euro surging by nearly 100-pips against the dollar to 1.4266 within minutes of the release and the Dow Jones equity futures gaining... |
| + USD Surges as US Employers Cut Less Jobs in May +
USD traded sharply higher in reaction to the US May unemployment report. May nonfarm payrolls were much better than expected rising by [...] the nonfarm payrolls to rise by 520K. May unemployment rate rose to 9.4%. The trade expected the May unemployment rate to rise... |
| + Forex Fundamental Outlook +
The common currency moved lower after the release of better-than-expected U.S. May non-farm payrolls data that saw payrolls growth of [...] were expecting. In contrast, however, the unemployment rate jumped to 9.4% from 8.9% in April, its highest level since August 2003.... |
| + U.S. Market Update +
In currencies, the greenback was steady heading into the payroll data. The deceleration in job losses indicated by the data, combined [...] manufacturing, may signal the economic slump is easing. Still, dealers are keeping in mind that US consumers are spending less and... |
| + Afternoon Forex Overview +
For the first time in many months, the dollar benefited from positive U.S. data Friday against both the euro and yen. U.S. job losses ... |
| + Green Shoots, Green Lights +
The employment report has blown away the sanity of the most learned economist this morning after a lower number of jobs were ... |
| + Market Decides US Employment Report is a Positive +
The US employment report was thoroughly confusing, with a much better than expected payrolls number (showing less than half of the job [...] nadir of -741k) accompanying a worse than expected rise in the unemployment rate to 9.4%. Unlike previous revision, which have... |
| + NFP Falls Much Less Than Expected +
US May nonfarm payroll declined by 345K, the market had expected a decline of 520K. This marks the smallest decline in US nonfarm [...] half the average monthly decline for the prior six months. The government also revised April and March nonfarm payrolls lower. The... |
| + U.S. Unemployment Rate Jumps to 9.4% +
The U.S. labour market continued to weaken in May, although the pace of decline slowed significantly. Non-farm payroll employment fell [...] with the consensus looking for a 520,000 jobs loss. Declines in previous months were revised lower, with April's drop coming in at... |
| + Canadian Job Losses Resume; Unemployment Rate Rises +
After a surprising 35,900 rise in employment in April, Canadian labour markets returned to shedding jobs with employment falling [...] expected given the announced shutdowns in the auto sector in May. The unemployment rate resumed its upward trajectory, rising to... |
| title: Forex Fundamental Analysis Reports (ActionForex.com); RSS XML Feed
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