Tag Archives: USD
Trading US labor market data – the short-term & the big picture
After ADP, it will take something ‘big’ like a 250K+ nonfarm payroll to get the market excited.
The Global Macro Pulse
AUDUSD fell from 0.9435 to 0.9379 following RBA Governor Stevens’ statement that the AUD is significantly overvalued.
What To Expect From NFP?
A shortened-holiday week will conclude tomorrow with the June employment report. We forecast a rise of 250k in June – up from a 215k estimate prior to the ADP report.
USD Mid-day Analysis
It would appear that the Dollar has found some support on the charts around the 79.80 to 79.83 level.
The Global Macro Pulse
G10 FX markets drifted sideways with EURUSD at 1.3677 and USDJPY up marginally to 101.62.
USD Mid-day Analysis
The Dollar is marginally higher this morning but it is also facing a significant flow of data later in thetrading session.
USD Stay Range Bound
The USD is the dominant global funding currency; hence it makes a fundamental difference if the Fed, rather than other central banks,
The Global Macro Pulse
The pro-cyclical theme saw the dollar’s weakness extend, predominantly to the benefit of AUDUSD,
USD Mid-day Analysis
While the Dollar could have been supported by somewhat favorable US scheduled data flows at theend of last week,
The Global Macro Pulse
Consistent with the overall pro-risk tone, the dollar lost ground against Asian currencies.
USD Analysis
The US dollar enters the new week hoping to regain some data support, says BNP Paribas.
FX: let’s get real!
What if the euro zone inflation comes lower this week? Will EURUSD take another hit? Let’s think…