US NFP (Nonfarm Payroll) Employment | December 8, 2017 | Currency News

US NFP is expected to be around 200K, and considering recent Fed’s meeting, USD is likely to remain supported throughout. With jobs creation numbers still remaining strong after the surge in hiring from hurricane re-constructions and temporary hirings in the holiday season, we should reach this figure easily, and possibly surpass it. 8:30 am (NY […]

US Prelim GDP q/q | November 29, 2017 | Forex Trading

US Prelim GDP release is the second release for the 3rd quarter of 2017, which is expected at a slight improvement of about 0.3% (3.3%) from the prior release. Considering that the NFP is not scheduled to be released this Friday, the market will be paying close attention to this release as it is probably […]

US ISM Non-Manufacturing PMI | November 3, 2017 | Forex News Trading

US ISM Non-Manufacturing PMI is usually very market moving and considering that over 70% of U.S. labor force is services related, today’s release should most definitely move the market, but since it’s scheduled AFTER the Nonfarm Payroll, I’d only trade if we get a conflict with the NFP.  I’ve seen huge retracements with ISM PMI […]

US NFP (Nonfarm Payroll) Employment | November 3, 2017 | Currency News

US NFP is expected to be around 311K, and considering recent Fed’s meeting, USD is likely to remain supported throughout. With the jobs creation numbers compensating prior months, we could see another renewed push for the USD if we get an even stronger release, and this push could last well into the end of 2017. […]

US Core Retail Sales | October 13, 2017 | Forex Trading

US Core Retail Sales is a high impact tradable release and should provide a good opportunity to trade if we get our tradable deviation.  Considering the recent NFP reading was a huge disappointment, not mentioning that previous one also tanked, today’s Retail Sales is going to take a miracle to beat expectations if you were […]

US NFP (Nonfarm Payroll) Employment | October 6, 2017 | Currency News

US NFP is expected to be around 88K, and considering the Fed’s meeting and the fact rate hike and reduction in the current balance sheet are in play, USD is likely to remain supported throughout. Obviously, if we get a strong release, which the market is not expecting, we will see a strong surge in […]

US ISM Non-Manufacturing PMI | September 6, 2017 | Forex News Trading

US ISM Non-Manufacturing PMI is usually very market moving but since it is scheduled 3 days after the all important NFP release, which by the way was a disappointment, I seriously doubt that there will be much market volatility following it, even if we get our surprise figures. But as always, I recommend to use […]

UK Services PMI | September 5, 2017 | Currency News Strategy

UK Services Purchasing Manager Index is a very good and tradable release for the Sterling, especially when the market is already shifting its focus away from the USD after last week’s NFP release.  With the USD under somewhat of pressure, GBP should remain well supported, very much like other majors, which means if we get […]

US NFP (Nonfarm Payroll) Employment | September 1, 2017 | Currency News

US NFP is expected to be around 180K, and considering the Fed’s meeting minutes and the increased expectation of a delay in future rate hikes, not mentioning the tension with North Korea, USD is definitely not in a position to solicit support. Obviously if we get a strong release, market could turn on a dime, […]

UK Manufacturing PMI | September 1, 2017 | Forex Trading

UK Manufacturing PMI is the first tradable release out of UK for the month of September and an obvious tradable report, especially considering recent trend driving USD lower while supporting GBP (and EUR) in the process… With BOE Governor Carney still remaining rather hawkish, GBP should remain supported in my opinion, but since the NFP […]

U.S. nonfarm payrolls increase by 209,000 in July, wages up

WASHINGTON (Reuters) – U.S. employers hired more workers than expected in July and raised their wages, signs of labor market tightness that likely clears the way for the Federal Reserve to announce a plan to start shrinking its massive bond portfolio. The Labor Department said that nonfarm payrolls increased by 209,000 jobs last month amid broad-based gains. June’s employment gain was revised up to 231,000 from the previously reported 222,000…

US ISM Non-Manufacturing PMI | August 3, 2017 | Forex News Trading

US ISM Non-Manufacturing PMI is usually very market moving and because it is scheduled before the NFP this week, we are likely going to see even more attention placed on this release, as traders use this number to predict what’s going to happen on Friday. Obviously I’d recommend to pay attention not only to the […]

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