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USD/JPY broke above the 119 mark and printed a 3-week high as the dollar strengthened on the back of remarkable strong US nonfarm payrolls figures. USD/JPY rose more than 150 pips over the last hours and reached a high of 119.13, last seen Jan 12, before losing momentum...
Analysts at BNP Paribas gave a snapshot of global macro economies. Key Quotes: EZ: The European Commission revises upwards its growth forecasts. The Spanish economy recovers. US: GDP growth slowed markedly in Q4 2014. Nonetheless the underlying trend remains robust...
Valeria Bednarik, chief analyst at FXStreet, noted the spike in USD/JPY following the spectacular Nonfarm Payrolls numbers. Key Quotes: "The USD/JPY had a strong comeback following US Non Farm Payrolls release, surging over 170 pips in a couple of hours, flirting now with the 119.00 level...
EUR/USD stretched lower and printed fresh lows for the day as investors continue to asses a stronger than expected nonfarm payrolls report...
Valeria Bednarik, Chief Analyst at FXStreet, notes that EUR/USD is gaining bearish strength post the release of a stronger than expected US NFP, further expecting that the pair may head lower towards 1.1100 levels on a weekly close below 1.1300...
Philadelphia Fed president Charles Plosser said today that a strong labor market and an improving US economy is making it more difficult for the US economy to justify not raising interest rates. Mr...
Rob Carnell, analyst at ING Bank noted the strong performances of the US jobs market. Key Quotes: "Bond markets for once have a reason to sell off, and this should provide further support for our strong dollar call. Equities may regard this result with mixed feelings...
NZD/USD fell more than 100 pips in a matter of minutes and printed a 2-day low in the lower 0.73’s after a strong US nonfarm payrolls report gave the greenback a boost. Nonfarm payrolls report showed the US economy created 257,000 jobs in January, beating expectations of 234,000...
The US dollar is trading higher after the good US employment report in January and against the Australian dollar, the pair is watching levels not seen in the day. The AUD/USD fell 95 pips from 0.7875 to trade at daily lows at 0.7780. Currently, AUD/USD is trading at 0.7800, down 0...
Although the U.S. added 257,000 jobs in January, sluggish wage growth remains a concern, says Fox Business. As the unemployment rate continues its decline, other labor market indicators suggest a slower recovery for many U.S. workers...
US Dollar Chart Positioning Continues to Warn of Downturn S&P 500 Remains in Consolidation Mode Under 2100 Figure Crude Oil May Be Readying to Turn Lower Anew Below $59 CRUDE OIL TECHNICAL ANALYSIS Prices pushed higher following a prolonged period of consolidation after bottoming as expected...
According to a NYSE press release, the US electronics firm RadioShack had failed to comply with its listing standards, and thus it was "taking action" to delist the shares. RadioShack operates over 4,000 stores in the United States, but has struggled to rival with online retailers...
The United States added 257,000 jobs in January and the number of jobs created in November and December was revised much higher, according to BBC World News...
Official figures released on Friday showed a trading deficit for goods and services of £34.8bn in 2014...
Shaun Osborne, Chief FX Strategist at TD Securities, notes that EUR/USD gains might extend for another week before the underlying bearish trend resumes, suggesting to use the current short-term gains as a selling opportunity...
Gold prices trade steady around USD 1265/Oz levels as the markets await the monthly Non-farm payrolls data in the US; a gauge of labor market strength which is actively tracked by the Fed officials...
The eFXnews Team shares Barclays’ view for the US NFP and wages data release today. Key Quotes “We expect another solid outcome with headline NFP of 250K and one-tenth decline in the unemployment rate to 5.5...
On Friday the greenback recovered against its peers, as investors anticipated the release of U.S. nonfarm payrolls data later in the day and as the previous session's jobless claims report lent support to the US currency...
The USD encountered a sell-off for the second time this week as economic data released yesterday from the United States provided further indications to traders that the Federal Reserve will remain in no hurry at all to raise US interest rates...
