The most important event this week turned out to be the monetary policy of the European Central Bank. Analysts expected it to be uneventful, but they were completely wrong. The resulting shock sent the euro down. While the currency managed to retain some of its gains versus the Great Britain pound by the weekend, it fell against most other major counterparts. It was euro’s eight week of losses versus the US […]
Non-Farm Payrolls — News Archive
September 05th, 2014 at 19:25
US non-farm payrolls provided nasty surprise for dollar bulls, sending the US currency down, as they came out much worse than was expected. The greenback halted its rally but not necessarily lost upward momentum completely, and it reached new highs for the year against some of its peers before retreating.
The US dollar experienced a very poor trading month in June due to unexpected dovishness of US policy makers and terrible GDP report. Can the greenback change the bearish trend in the first trading week of the new month?
June 07th, 2014 at 18:28
This week had quite a few important events that have affected the Forex market. The most important of them were the meetings of various central bank and US non-farm payrolls. There were reasons to believe that the euro would fall over the week, but surprisingly enough the currency remained rather resilient.
May 16th, 2014 at 18:08
The euro dropped today as investors were fleeing bonds of Europe’s peripheral economies, adding to pressure on the European Central Bank to stimulate the struggling economy. The currency was heading for a second weekly loss versus the US dollar and the Japanese yen, and it will be the third week of decline against the Great Britain pound.
May 02nd, 2014 at 13:18
The US dollar jumped against most its major counterparts today after non-farm payrolls came out even better than optimistic forecasts and the unemployment rate declined more than was predicted by analysts.
May 01st, 2014 at 19:30
The New Zealand dollar advanced today together with some other currencies of emerging markets as optimistic forecasts for tomorrow’s non-farm payrolls led to speculations that the US economy will lead global growth.
March 07th, 2014 at 9:35
The Malaysian ringgit rose against the US dollar today, following other Asian currencies in gains. There were speculations that the Federal Reserve will slow the pace of asset-purchases reduction, and such talks helped currencies of emerging markets to gain against the greenback.
March 05th, 2014 at 17:44
Today, US macroeconomic data was disappointing yet again following the set of positive reports released on Monday. It did not affect the US dollar in a strong manner as the greenback fell against the Great Britain pound, but managed to keep gains versus the euro and the Japanese yen.
February 07th, 2014 at 13:56
One of the most important events this week was the release of US nonfarm payrolls, which was expected to ease worries about slowdown of the US economic growth. Yet in reality the employment data was disappointing and sent the US dollar lower.