The jobs number for the month of June was bad but not bad enough to stifle the gains in the US dollar. Non-farm payrolls fell by 62k, the sixth consecutive decline in a row. The April number also was revised down from -49k to -62k while the unemployment rate remained at 5.5%, matching the […]

Posted in ecb rate hike, non-farm payrolls, ECB, US Dollar 2 Comments »

Non-farm payrolls for the month of June are due for release this Thursday, but with the Federal Reserve no longer looking to cut interest rates, will the degree of payroll growth actually have meaningful impact on the US dollar?
Here is the NFP Preview that I wrote for DailyFX.com
The NFP number is being released […]

Posted in non-farm payrolls No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:11 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Europe Producer-Price Inflation Accelerates to Record
Overdue U.S. Home-Equity Credit Lines Climb the Most Since 1987, ABA Says
Job Losses in U.S. Increased 47% in June on […]

Posted in forex blog, Kathy Lien, non-farm payrolls, Forex Podcast, FX Radio No Comments »

To the relief of dollar bulls, US corporations cut only 20k jobs in the month of April compared to the market’s -75k expectations. The unemployment rate also dropped from 5.1 to 5.0 percent, triggering a widespread dollar rally. The better than expected NFP number will help to confirm the near term bottom in the US […]

Posted in non-farm payrolls, Layoffs, US Dollar No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 6:46 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Non-Farm Payrolls Fall by 20,000 in April; Unemployment Rate Unexpectedly Falls to 5%
Fed Raises Emergency Auctions to $75 Billion to Counter Liquidity Shortage
Euro’s Bull Run […]

Posted in US Economy, Fed Rate Cut, Wall Street Journal, Forex Podcast, non-farm payrolls, Bernanke, FX Radio, Crude Oil Prices, payrolls, Canadian Dollar, euro, Bloomberg, US Dollar No Comments »

You can also read this non-farm payrolls preview on DailyFX.com
The Federal Reserve cut interest rates by 25bp yesterday and hinted that they will pause when they meet again in June. In response to this shift, the market immediately priced in an 85 percent chance that interest rates will be left at 2 percent at […]

Posted in non-farm payrolls, Fed Rate Cut Expectations, Federal Reserve 1 Comment »