Brent crude holds above $50 a barrel as market heading towards rebalancing

Oil prices dipped on Friday on concerns about the U.S. economy, but Brent crude held close to $50 a barrel in choppy trading with support from a weaker dollar and relief that most OPEC members do not plan to flood the market with excess crude. Weaker-than-expected U.S. non-farm payroll data sent the dollar index to its lowest since mid-May, which also supported crude prices. A weaker dollar makes oil cheaper for holders of other currencies…

Daily Forex Market Review 06/01/12 (+95 pips)

Today’s Trade Result: +95 pips June 2012: +95 pips May 2012: +323 pips April 2012: +212 pips March 2012: +302.5 pips February 2012: +288 pips January 2012: +80.5 pips December 2011: +67.5 pips November 2011: +12.5 pips October 2011: +965.5 pips September 2011: +289.5 pips Let’s analyze the market and review the events that took […]

US Non-Farm Payroll (NFP) News Trade 04/06/12 (+24 pips)

DEFINITION The US Non-Farm Employment Change measures the change in number of employed people during the previous month, excluding the farming industry. A rising trend has a positive effect on the nation´s currency. Job creation is an important indicator of economic health because consumer spending, which is highly correlated with labor conditions, makes up a […]

Forex News Trading Strategy US ADP NFP Employment 04/04/12

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it´s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it´s followed by currency traders as they look for hints on Friday´s NFP official release. Here´s the forecast: 8:15am NY Time US ADP NFP Change Forecast 205K Previous 216K […]

Forex News Analysis US ADP NFP Employment 03/07/12

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it´s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it´s followed by currency traders as they look for hints on Friday´s NFP official release. Here´s the forecast: 8:15am NY Time US ADP NFP Change Forecast 205K Previous 170K […]

Forex News Trading ADP NFP Employment 02/01/12

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it´s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it´s followed by currency traders as they look for hints on Friday´s NFP official release. Here´s the forecast: 8:15am NY Time US ADP NFP Change Forecast 190K Previous 325K […]

Forex News Analysis US ADP NFP Employment 01/05/12

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it´s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it´s followed by currency traders as they look for hints on Friday´s NFP official release. Here´s the forecast: 8:15am NY Time US ADP NFP Change Forecast 175K Previous 206K […]

Forex News Trading US ADP NFP Employment 11/30/11

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it´s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it´s followed by currency traders as they look for hints on Friday´s NFP official release. Here´s the forecast: 8:15am NY Time US ADP NFP Change Forecast 130K Previous 110K […]

Forex Analysis For US ADP NFP Employment 11/02/11

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it´s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it´s followed by currency traders as they look for hints on Friday´s NFP official release. Here´s the forecast: 8:15am NY Time US ADP NFP Change Forecast 100K Previous 91K […]

Forex Strategy For US ADP NFP 10/05/11

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it´s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it´s followed by currency traders as they look for hints on Friday´s NFP official release. Here´s the forecast: 8:15am NY Time US ADP NFP Change Forecast 75K Previous 91K […]

Forex News Trading US ADP NFP 6/1/11

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it’s followed by currency traders as they look for hints on Friday’s NFP official release. Here’s the forecast: 8:15am NY Time US ADP NFP Change Forecast 177K Previous 179K […]

Forex News Trading US ADP NFP 05/04/11

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it’s followed by currency traders as they look for hints on Friday’s NFP official release. Here’s the forecast: 8:15am NY Time US ADP NFP Change Forecast 200K Previous 201K […]

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