Australian Dollar_AUDUSD_2403

Employment in Australia was seen rising sharply in the month of June. The increase in the employment came as businesses were seen taking on more full-time workers. Offsetting the gains in the employment, the Australian unemployment rate held steady as more people were seen looking for work. Data from the Australian Bureau of Statistics (ABS) ...

2018-07-26 John Benjamin Read more
BoE

The UK currency market was busy last week amid the jobs and the inflation report scheduled over the week. Ahead of the week, investors were expecting to see a healthy pace of increase across the labor market and consumer prices. [shortcode-variables slug="confidenttotrade"] UK unemployment rate holds steady at 4.2% On Wednesday, the UK's Of...

2018-07-24 John Benjamin Read more
forex intraday technical analysis

Daily Forex Market Preview, 04/06/2018 The U.S. dollar was seen easing back towards Friday's close after a solid performance during the week. The monthly payroll figures showed that the U.S. economy added 223,000 jobs during the month of May, beating estimates by a strong margin. The U.S. unemployment rate also fell to an 18 year low to 3.8%...

2018-06-04 John Benjamin Read more
Aussie Unemployment Rate Edges Higher

The Aussie unemployment rate edges higher as it's seen rising to a nine month high in April at 5.6% from data provided by the Australian bureau of statistics last week. The number of people employed beat expectations and grew on an increase in full-time jobs. Overall, 22,600 net jobs were added during the month of April which beat forecasts o...

2018-05-23 John Benjamin Read more
March payrolls data disappoints

The monthly nonfarm payrolls data for the month of March was released last Friday by the U.S. department of labor. Official data showed that the U.S. economy created the smallest pace of jobs in six months which was driven by mild weather. However, wage growth was seen strengthening only slightly which was seen as a positive sign amid a broadly ...

2018-04-13 John Benjamin Read more
NFP_March nonfarm payrolls

The much awaiting monthly payroll figures from the US showed that the economy was hit by the two hurricanes in September. However, the underlying data although a bit distorted suggests long-term pressures building up. Summary: Payrolls decline 33,000 in September, missing estimates of 82k increase August payrolls revised higher to 169...

2017-10-19 John Benjamin Read more
UK Jobs_0404

The US Dollar advanced across the board yesterday, rising above 101.0 for the first time in two weeks. This is due to the Federal Reserve Chair Yellen testimony yesterday. Surprisingly, Janet Yellen kept the door open for a possible rate hike in March meeting, which pushed the Dollar higher, even though the Fed Fund Futures is pricing in 30% ch...

2017-02-15 Nour Eldeen Al-Hammoury Read more
US Jobs_Wage growth

The US nonfarm payrolls report covering the month of November will be released today, on December 2nd 2016 by the Bureau of Labor Statistics at 12:30 GMT. The consensus estimates for the month of November are as follows: Monthly Nonfarm payrolls: 165k Unemployment rate: 4.90% Average hourly earnings m/m: 0.20% Previous (October 2...

2016-12-02 John Benjamin Read more
Australia_Orbex

The Australian Dollar posted strong gains in early Asian trading led by a stronger than expected jobs report. The monthly unemployment rate fell to 5.9% from 6.2% previously while the monthly job gains increased 58.6k beating a very conservative estimate of 14.8k. Last month's job gains were also revised higher to -0.8k marking a strong jobs rep...

2015-11-12 John Benjamin Read more
Wall_Streeet_Orbex

The AUD/USD was hit by a bearish sentiment after RBA’s (Reserve Bank of Australia) statement that the Aussie is adjusting to the decline in the commodity prices, the decision of a monetary policy ease in order to uplift the demand still sitting on the table. Latest report on Australia’s economy show that the labor market is going up, with the jo...

2015-11-09 Kira Vessiari Read more