We’ll be focusing on the NFP release today, which is expected at -56K with a previous release of -20K; if you remember what happened last NFP, you’d know that the market reacted to the NFP with an initial risk appetite sentiment as the Unemployment Rate went down to 9.7% (10.0% expected), but turned into risk aversion as both benchmark revision and actual release figures brought concerns over the recovery (or lack of) in the job’s market…
This is a preview of US Nonfarm Payroll NFP Employment Change 03/05/2010. Read More...
7:00am (NY Time) UK Offcial Bank Rate Decision Forecast 0.50% Previous 0.50%
ACTION: GBP/USD N/A
UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is once again scheduled to release their interest rate decision today and the expectations are to keep both their official rates at 0.50% and APF (Asset Purchasing Facility) at 200 Billion Pound (at least for the time being). The important focus as usual today will be the accompanying BOE Statement if they decide to release one.
This is a preview of UK BOE Official Bank Rate Decision 03/04/2010. Read More...
We’ll be trading the NFP release today, which is expected at +10K with a previous release of -85K; if you remember what happened last NFP, you’d know that the last release disappointed the market and kept USD under pressure for the better part of the months as after a revision of November NFP to a positive number, the December release brought back concerns over the rate of economic recovery. At the time of writing this analysis, market is in full risk aversion mode.
This is a preview of US NFP (Nonfarm Payroll) Employment Changes 02/05/10. Read More...
7:00am (NY Time) UK Offcial Bank Rate Decision Forecast 0.50% Previous 0.50%
ACTION: GBP/USD N/A
UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is scheduled to release their interest rate decision today and the consensus expectations are to keep current rates at 0.50% and APF (Asset Purchasing Facility) at 200 Billion Pound. The important focus today will be the decision concerning the APF program as it is expected to expire later this month. If MPC decides to take a “wait and see” stance on the APF, expect to see GBP soaring against other majors as this is a strong message reflecting the recovery of UK’s economy.
This is a preview of UK BOE Official Bank Rate Decision 02/04/10. Read More...
We’ll focus on the NFP release today, which is expected at -3K with a previous release of -11K; if you remember what happened last NFP, you’d know that the last release surprised the market and revived the end of the year USD rally and caused a major trend change by the much better than expected release of -11K from an expectation of -120K. However, in order for USD to maintain its bullish rally well into 2010, it is important that today’s release is either inline with expectation or in the positive territory.
This is a preview of US NFP (Nonfarm Payroll) Employment Changes 01/08/10. Read More...
7:00am (NY Time) UK Offcial Bank Rate Decision Forecast 0.50% Previous 0.50%
ACTION: GBP/USD N/A
Bank of England’s Monetary Policy Committee (MPC) is scheduled to release their interest rate decision today once again for 2010, and consensus expectations are to keep rates at 0.50% and the APF (Asset Purchasing Facility) at 200 Billion Pound, which are probably no surprise to most traders. However, the important focus today will be the tentative statement accompanying the rate decision, which may reveal BOE’s future monetary policy.
This is a preview of BOE MPC Official Bank Rate Decision 01/07/10. Read More...
7:00am (NY Time) UK Offcial Bank Rate Decision Forecast 0.50% Previous 0.50%
ACTION: GBP/USD N/A
Bank of England’s Monetary Policy Committee (MPC) is scheduled to release their finalinterest rate decision today for 2010, and consensus expectations are to keep rates at 0.50%, which is no surprise to most traders. However, the important focus today will be the tentative statement that usually only accompanies BOE rate decision if there is a change, but BOE may just issue a statement regarding their APF program, as it has been much of the focus lately.
This is a preview of UK MPC Official Bank Rate Decision (BOE Interest Rate) 12/10/09. Read More...
We will be trading the NFP release number today, which is expected at -120K with a previous release of -190K; if you remember what happened last NFP, you’d know that the release consensus expectation slightly, but with postive benchmark revisions of last 3 months’ NPF releases, we actually got about +70K of deviation… However, these positive releases from past revisions didn’t really matter to traders as the Unemployment Rate broke above the 10.2%, which brought an immediate risk aversion sentiment as we saw stronger JPY across the board…
This is a preview of US NFP (Nonfarm Payroll) Employment Changes 12/04/09. Read More...
We will be trading the NFP release number today, which is expected at -173K with a previous release of -263K, which was a disappointment during last NFP release. We’ll wait for the numbers to come out, but will not take any trade YET, even if we get our tradable figures (-100K or -250K). We’ll wait for a possible revision to the previous release number, which is once again -263K, as the market usually overreacts with the Revision; chances favor for this trade to work out if we do not get conflicting releases between the revision and the actual release.
This is a preview of US NFP (Nonfarm Payroll) Employment Changes 11/06/09. Read More...
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