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March Non-Farm Payroll Preview Today NFP report is to be published at 12:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor statistics...
A strategy note out from Morgan Stanley suggests the rand is likely to benefit against the Japanese yen over coming weeks. A falling US dollar, rising South African inflation and subsiding political risks make the rand a target for those betting on currency markets...
US Non-Farm Payrolls Preview: What to Expect of EUR/USD? US March non-farm payrolls figure is due for release today. Markets expect the data to show the economy added 205K jobs compared to 242K additions seen in February. The unemployment rate is seen unchanged at 4...
Nonfarm Payrolls: Who Cares? A new month starts and with it we get a new US Nonfarm Payroll report. The US economy is expected to have added 205K new jobs in March, the unemployment rate is expected to remain steady at 4.9%, while wages are expected to pick up after the decline seen in February...
0.77 is the next big test in the Australian dollar’s advance against the US dollar, and it is here where the multi-month advance could fail. The exchange rate has been moving higher in a determined fashion since the start of 2016 and is seen at 0.7673...
US NFP Preview: 8 Major Banks Expectations from the March Print We are heading closer to the release of US Non-Farm payrolls data for the month of March. As we get closer to the release, here are the expectations as forecasted by the economists and researchers of 8 major banks...
GBP/JPY Under a Bear Attack, Nears 130 Handle Sterling bears are flexing their muscles after the release of UK manufacturing PMI release, courtesy of which the GBP/JPY cross has extended losses to 160.23 levels. 10-DMA is now resistance Cross has re-established 10-DMA as a resistance...
#USDJPY fell to the middle of the trading range of the past two months, where it will likely remain until the release of the U.S. employment data. Published at night #Tankan manufacturing# index did not affect the situation. Find out more by checking out the Source Link...
Yesterday #EURUSD has once again recorded growth - the market was closed almost at the important resistance level (February extremum). It is recommended to close long positions and stay out of the market before the release of #NFP. Find out more by checking out the Source Link...
AUD/USD: Upside Capped by 0.7680/85, US Jobs Eyed The AUD/USD pair is extending its phase of consolidation in the mid-European session, with the bulls taking a breather heading closer towards the crucial US labour market data. AUD/USD trades below daily pivot at 0...
Around mid-February, BNP Paribas made substantial changes to its forecasts for EURUSD and expected EURUSD to stand at 1.14 at end Q1 (from 1.04) and 1.16 at end-Q2. (Source: BNP Paribas, eFXplus) Today, as EURUSD has broken its year-high of 1...
GBP/USD Keeps Falling, Tumbles to 1.4280 GBP/USD is now accelerating its daily downside, dropping to fresh lows in the 1.4280 area ahead of US Payrolls. GBP/USD amidst ‘Brexit’ and Payrolls The sterling is falling to fresh 3-day lows vs...
Brent Oil Drops on Saudi’s Hardline Stance Oil prices dropped, with Brent now trading well below $40 handle after Saudi’s crown price said his nation would freeze output only if Iran and other nations do so. Rejected at 10-MA Futures were rejected at 10-DMA level of $40...
Dear Traders, Bulls take control of both major currency pairs, although the British pound struggled with an extension of its recent gains. As noted in previous analysis, we still expect the pound to come under renewed pressure in the near-term and we anticipate a drop towards 1.4280 and 1.42...
US Jobs Report will be the Focus for Markets - BBH Research Team at BBH, suggests that the March US jobs report will be the focus for markets today. Key Quotes “Consensus is 205k vs. 242k in February. We think there is risk of an asymmetric market reaction...
USD Still Vulnerable ahead of NFP Report – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the US dollar continues to remain on the defensive ahead of the release today of the latest non-farm payrolls report...
JPY: Stronger Yen Hits Business Confidence in Japan - MUFG Lee Hardman, Currency Analyst at MUFG, suggests that the weakness in the Japanese equity market and the strengthening of the yen likely reflects as well a further loss of investor confidence in Abenomics following the release overnight of...
Euro Rises As Eurozone Manufacturing Growth Improves The euro strengthened against the other major currencies in the Asian session on Friday, after data showed that the Eurozone manufacturing growth improved more than initially estimated in March...
Pre US Open, Daily Technical Analysis Friday, April 01, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: further upside. Pivot: 1.1365 Most Likely Scenario: long positions above 1...
