Archive for non-farm payrolls

Very Good Non-Farm Payrolls Report

I published this report on FX360.com this morning (if you haven’t read it already)
The U.S. dollar skyrocketed after the stronger than expected non-farm payrolls report. Not only did the headline number surprise to the upside, but private sector job growth beat expectations with the July figures also revised sharply higher. This positive [...]

Update on USDJPY and US Yields

Yields on short-term US Treasury debt have fallen to the lowest in history on mounting expectations of extra stimulus from the Federal Reserve. USD/JPY has been doing nothing but tracking yields which means that until yields bottom, USD/JPY will remain under pressure. I’ve been talking about this for weeks now - here’s an updated [...]

Comments on Payrolls and Euro Decline

I was on the Business News Network this morning discussing the non-farm payrolls release and the decline in the EUR/USD. Click on the image to access the video

Payrolls, Greece and USD/CAD

So My Favorite EUR/GBP Setup was a complete dud - but you win some and you lose some .
Here are some recent sound bites from articles that I have written on Non-farm Payrolls, Greece and Beyond
If Non-Farm Payrolls Was Strong, Why Did the Unemployment Rate Rise?
We saw an erratic reaction in the forex [...]

Dollar’s Reaction to Payrolls Should Last

The dollar surged after the non-farm payrolls report because job growth excluding census workers was very strong.
With the absence of U.S. equity traders, we did not see the risk rally that tends to occur near the U.S. equity market open. Based upon how the dollar traded after the NFP report in April 2007, [...]

How Will Payrolls Be Affected by Good Friday?

Yhe first question that comes to mind is how the Good Friday holiday could affect volatility in the currency market. Holidays usually mean less liquidity and less volatility but when there is a piece of economic data scheduled for release as important as non-farm payrolls, less liquidity could mean greater volatility. The last [...]

Who Has Lost More Jobs - Men or Women?

The U.S. labor market report was released this morning and the data was much better than everyone had anticipated. Following the warning from Larry Summers that the storms in the Northeast could have swelled unemployment rolls, investors were bracing for the worst. However disaster was averted and Larry Summers will probably not be [...]

What Does Larry Summers Know About Payrolls?

Aside from the fact that Lawrence Summers, who is Obama’s Economic Advisor was a former Treasury Secretary, what does he really know about last month’s non-farm payrolls report? On the eve of the February NFP release, we wonder loudly how accurate his prediction of a snow-storm related bulge in unemployment really is.
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Video: What to Expect from ECB, BoE and Non-Farm Payrolls

I was on Fox Business this afternoon talking about the overstretched positions in the euro and British pound as well as the outlook for the ECB, BoE and Non-farm payrolls report
If the video doesn’t load, watch it here Kathy’s Fox Business Interview
Watch the latest business video at video.foxbusiness.com

The EUR/USD Post NFP Fade

Every month before the non-farm payrolls report is released, I write about whether I think NFP will be better or worse than the previous month and how to trade it. Hopefully you got a chance to read my report and see the charts of how the EUR/USD typically trades post payrolls - Bar is Set [...]