Posts Tagged ‘employment’

Yellen’s Employment Gains Note Pushed The Dollar UP

by Forex Rooton August 22, 2014 5:48 pm BST
The dollar gained on Friday after Federal Reserve Chair Janet Yellen cited jobs gains made during the five years of economic recovery while noting slack remains in the US labor market. The speech by Yellen, a known policy ‘dove’, to an annual gathering of central bankers in Jackson Hole, Wyoming, cited persistent labor market slack […]

XAUUSD’s Trending at Low Before US Employment Data

by Forex Rooton August 1, 2014 10:00 am BST
XAUUSD slid 28 percent last year on expectations an improving economy would warrant less debt purchases and higher interest rates. The Federal Reserve said this week it will trim bond buying for a sixth time. The metal fell a fourth day yesterday, even as global equities tumbled amid disappointing corporate earnings and concern about an […]

AUDUSD Outlook: Week of 3/19

by Christopher Lemieuxon March 16, 2014 3:34 pm BST
AUDUSD seen has down the majority of last week, even given the best full-time employment numbers since 1991 as traders aimed to exit risk positions going into the weekend. The dollar sold-off at the tail end of the week giving the Aussie dollar a slight boost, but the rally was sold as price action hit […]

AUDUSD Falls on Employment Data

by Christopher Lemieuxon November 7, 2013 1:18 am BST
The AUDUSD is falling on the employment data release tonight. According to the Australian Bureau of Statistics, employment fell to 11,636,600, while unemployment increased to 710K. This pushed the unemployment rate less than a tenth of a percent to 5.8 percent, while the participation rate decreased to 64.8 percent. The monthly change in employment, seasonally […]