Here is the key factor to keep in mind today for Australian Dollar trades: Australian Employment Report: The Australian Employment Report for December reported 1,000 lost jobs. Economists predicted 10,000 lost jobs for the month. Forex traders can compare this to the Australian Employment Report for November which reported 74,900 added jobs. The Australian Employment Report for December reported 17,600 full-time job additions. Forex traders can compare this to the Australian Employment Report for November which showed 47,300 full-time job...
Here are the key factors to keep in mind today for British Pound trades: UK BRC Like-for-Like Sales: BRC Like-for-Like Sales increased by 0.1% in December annualized. Economists predicted an increase of 0.5%. Forex traders can compare this to BRC Like-for-Like Sales for November which decreased by 0.4%. UK Industrial Production and Manufacturing Production: Industrial Production for November is predicted at 0.0% monthly and to increase by 1.7% annualized. Forex traders can compare this to Industrial Production for October which increased...
Here are the key factors to keep in mind today for US Dollar trades: US NFP: The US NFP report for December is predicted to show 200,000 jobs were added for the month. Forex traders can compare this to the NFP report of November which showed 211,000 jobs were added. The unemployment rate is predicted at a level of 5.0% and the labor force participation rate is predicted at a level of 62.5%. Forex traders can compare this to November were the unemployment rate was 5.0% and the labor force participation rate was at 62.5%. Private payrolls for...
The first report this year on the number of people employed in the non-agricultural sector of the US (Nonfarm Payrolls) as always promises to be a major fundamental economic event of the week. Although in the light of the recent shock on the world commodity markets, caused by the fall in the index on the Shanghai Stock Exchange, this fact is not so obvious. Our Forecast We believe that the US dollar is likely to find support in the tomorrow’s report. Despite the fact that our forecast figures for December Nonfarm Payrolls varies between 150...
Here are the key factors to keep in mind today for Euro trades: German Factory Orders: Factory Orders for November are predicted to increase by 0.1% monthly and by 1.1% annualized. Forex traders can compare this to Factory Orders for October increased by 1.8% monthly and decreased by 1.4% annualized. German Retail Sales: Retail Sales for November are predicted to increase by 0.5% monthly and by 3.7% annualized. Forex traders can compare this to Retail Sales for October decreased by 0.1% monthly and increased by 2.1% annualized. Eurozone...