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DAY 6 - NON-FARM PAYROLL PREVIEW

While trading remain range bound in last few days as all focus is on Friday's Non-Farm Payroll numbers. Majority of analysts expect new job creation of around 175k which is way lower than last two months numbers, which could be negative for US Dollar.
However, the main focus would be on average hourly earnings. In last couple of months there is hardly any improvement in wages and this month too analysts estimates wages to remain stand still and as such I remain bearish on US Dollar.
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DAY 3 - NON-FARM PAYROLL REVIEW

November non-farm payroll employment increased by 178,000 and the numbers were better in last four months. The unemployment rate declined to 4.6 percent, but despite lack luster numbers US Dollar failed to gain against other major currencies mainly due to decline in average hourly earnings. As such the next FOMC interest rate news event would be interesting and may bring plenty of opportunities to score big time.
In the meantime, in coming week plenty of volatility is expected next week, as we h…
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DAY 31 - NON-FARM PAYROLL NEWS EVENT

It's been an eventful month for me, as majority of my trades played out as planned and hopefully I will finish in Top 10 in Trader Contest.
NFP News Event
Traders would be eagerly waiting for Friday's Non-Farm Payroll news event. After two lackluster job reports analysts are expecting positive momentum to continue this month too.
US economic growth remain strong and if this job report is in line with expectations, it would certainly increase chances of a rate hike in September.
US Dollar is show…
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ADP NON-FARM PAYROLLS

On Wednesday, the ADP non-farm payrolls figure is due to provide the earliest indication of February employment change. There are two ways to look at this figure, either as a key and central economic indicator, or else a predictive tool for the more notable non-farm payrolls figure on Friday. I take the first route, primarily due to the notably poor correlation between the ADP and headline payrolls figures. This has been particularly so over the past two releases, where the average differential
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Convallium avatar

Thank you, for your indicators. So this month figure close to 153k but less than in last month

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Non-Farm Employment Change for November 2013

Non-Farm Employment Change estimate by banks (November 2013):
  • HSBC 165K
  • Goldman Sachs 175K
  • Bank of America 175K
  • JP Morgan 180K
  • Citigroup 180K
  • Deutsche Bank 185K
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Nicco avatar
Nicco 10 Dec.

The banks can forecast only their profits, bigger and bigger whithout any risk assuned if possible. The other forecasts are made to trouble peoples and markets creating conditions to make profits.

alifari avatar
alifari 15 Dec.

So true...

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