US ADP NFP Nonfarm Payroll 03/03/2010

Posted by Henry Liu on March 2, 2010 under Forex News Trade, US ADP NFP Changes, USA | Be the First to Comment

8:15am NY Time US ADP NFP Change      Forecast -15K     Previous -22K
ACTION: USD/JPY       BUY +55K         SELL -85K

We’ll be looking for a trading opportunity on the ADP NFP Employment Release today, and because ADP is the largest private payroll processing provider in the U.S., traders tend to pay more focus to this release. ADP releases its version of Non-Farm Payroll numbers about 2 days before the actual NFP based on it’s proprietary data.

US ADP NFP (Non-farm Payroll) 02/03/10

Posted by Henry Liu on February 2, 2010 under Forex News Trade, US ADP NFP Changes, USA | Be the First to Comment

8:15am NY Time US ADP NFP Change      Forecast -31K     Previous -84K
ACTION: USD/JPY       BUY +50K         SELL -100K

Our focus will be on the ADP NFP Employment Release once again today, and because ADP is the largest private payroll processing providers in the U.S., traders tend to pay more focus to this release. ADP releases its version of Non-Farm Payroll numbers about 2 days before the actual NFP based on it’s proprietary data. About 80% of the time ADP’s release will go in tandem with the official NFP, but the for the 20% of the exceptions,  we’d get figures that could be totally off from the official NFP forecast.

US ADP Non-Farm Employment Change 01/06/10

Posted by Henry Liu on January 5, 2010 under Forex News Trade, US ADP NFP Changes, USA | Be the First to Comment

8:15am NY Time US ADP NFP Change      Forecast -74K     Previous -169K
ACTION: USD/JPY       BUY -10K         SELL -140K

We will be trading the ADP NFP Employment Release.  Since ADP is the largest private payroll processing providers in the U.S., and it releases its version of Non-Farm Payroll numbers about 2 days before the actual NFP based on it’s proprietary data, it is undoubtedly a very high impact release. However, about 80% of the time ADP’s release will go in tandem with the official NFP, but the for the 20% of the exceptions,  we’d get figures that could be totally off.  This is an excellent indicator for the general risk sentiment of the market as U.S. Employment situation is a global concern; and of course this release sometimes serves as a preview of the NFP on Friday; if the numbers comes out as a surprise of at least 70K more or less from the Forecast of -74K, we should look to trade in the direction of the surprise.

US ADP NFP (Non-Farm Payroll) Change 12/02/09

Posted by Henry Liu on December 1, 2009 under Forex News Trade, US ADP NFP Changes, USA | Be the First to Comment

8:15am NY Time US ADP NFP Change      Forecast -149K     Previous -203K
ACTION: USD/JPY       BUY -80K         SELL -230K

Our focus today will be on the ADP Employment Release.  ADP is the largest private payroll processing providers in the U.S., and it releases its version of Non-Farm Payroll numbers about 2 days before the actual NFP, based on it’s proprietary data.  About 80% of the time ADP’s release will go in tandem with the official NFP, but the for the 20% of the exceptions,  we’d get figures that could be totally off.  This is an excellent indicator for the general risk sentiment of the market as U.S. Employment situation is a global concern; and of course this release sometimes serves as a preview of the NFP on Friday; if the numbers comes out as a surprise of at least 70K more or less from the Forecast of -149K, we should look to trade in the direction of the surprise.

US ADP Non-Farm Employment Change 11/04/09

Posted by Henry Liu on November 3, 2009 under Forex News Trade, US ADP NFP Changes, USA | Be the First to Comment

8:15am (NY Time) US ADP NFP Changes   Forecast -188K  Previous -254K
ACTION: USD/JPY or USD/CHF        BUY -120K    SELL -258K

ADP is the largest private payroll processing providers in the U.S., and it releases its version of Non-Farm Payroll numbers,  usually about 2 days before the actual NFP, based on it’s proprietary data.  About 80% of the time ADP’s release will go in tandem with the official NFP, but the for the 20% of the exceptions,  we’d get figures that were totally off.  This is an excellent indicator for the general direction of the market and sometimes serves as a preview of the NFP on Friday; if the numbers comes out as a surprise of at least 70K more or less from the Forecast of -188K, we should look to trade in the direction of the surprise.

US ADP NFP Changes 09/30/09

Posted by Henry Liu on September 29, 2009 under Forex News Trade, US ADP NFP Changes, USA | Be the First to Comment

8:15am (NY Time) US ADP NFP Changes   Forecast -200K  Previous -298K
ACTION: USD/JPY or USD/CHF        BUY -130K    SELL -270K

US ADP Non-Farm Payroll Change 09/02/09

Posted by Henry Liu on September 1, 2009 under Forex News Trade, US ADP NFP Changes, USA | 3 Comments to Read

8:15am (NY Time) US ADP NFP Changes  Forecast -250K  Previous -371K
ACTION:      USD/JPY        BUY -180K            SELL -320K

ADP is one of the largest payroll processing providers in the world, and every month it releases its version of Non-Farm Payroll numbers 2 days  (sometimes a day) prior to the official Non-Farm Payroll release.  This release is about 80% accurate to NFP.  But the 20% of the time when it was inaccurate, its figures were totally off.  This is a good news item to watch out for  directional trade, if the numbers comes out at least 70K more or less of the Forecast -250K, then we will look to take a trade with the best looking currency pair.

US ADP Non-Farm Employment Change 08/05/09

Posted by Henry Liu on August 4, 2009 under Forex News Trade, General, US ADP NFP Changes, USA | Be the First to Comment

8:15am (NY Time) US ADP NFP Changes    Forecast -351K     Previous -473K
ACTION: USD/JPY           BUY -280K      SELL -420K

ADP is one of the largest payroll processing providers in the world, and every month it releases its version of Non-Farm Payroll numbers 2 days prior to the official Non-Farm Payroll release.  This release is about 80% accurate to NFP.  But the 20% of the time when it was inaccurate, its figures were totally off.  This is a good news item to watch out for  directional trade, if the numbers comes out at least 70K more or less of the Forecast -351K, then we will look to take a trade with the best looking currency pair.