Top 10 Weekly Forex Market Headlines – 06.05.2015

1. China manufacturing contracts for 3rd straight month as export orders near 2-year lows June 1, Activity in China vast factory sector shrank for a third consecutive month in May as export orders contracted at the sharpest rate in nearly two years, a private survey showed on Monday, suggesting China remains locked in an economic […]

U.S. nonfarm payrolls surge 248K, unemployment rate falls to 6-year low of 5.9%

NEW YORK (CNNMoney) The nation’s unemployment rate fell below 6% in September for the first time in six years. The rate came in at 5.9%, while employers added 248,000 jobs last month. The unemployment rate fell last month because more people were getting jobs, not because they were dropping out of the labor force as […]

U.S. June nonfarm payrolls up 288,000, unemployment rate down to 6.1%

(Reuters) – U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was moving forward at a brisk clip after a surprisingly big slump at the start of the year. Nonfarm payrolls increased by…

Top 10 Weekly Forex Market Headlines – 05.02.2014

1. Obama announces new round of sanctions on Russia April 28, President Obama announced Monday that the United States is levying a new round of sanctions against Russia in response to that country’s actions in Ukraine, striking against individuals and companies close to Russian President Vladimir Putin. Seven Russian government officials, including two members of […]

Top 10 Weekly Forex Market Headlines – 04.11.2014

1. World Bank cuts China’s 2014 growth forecast to 7.6% April 7, The World Bank trimmed its 2014 growth forecast for developing East Asia but said the region’s economies were likely to see steady growth in the next couple of years, helped by a pick-up in global growth and trade. The Washington-based development bank expects… […]

Month In Motion – January~March 2014

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 […]

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