The U.S. labor market report was released this morning and the data was much better than everyone had anticipated. Following the warning from Larry Summers that the storms in the Northeast could have swelled unemployment rolls, investors were bracing for the worst. However disaster was averted and Larry Summers will probably not be [...]

Posted in forex blog, non-farm payrolls 2 Comments »

Aside from the fact that Lawrence Summers, who is Obama’s Economic Advisor was a former Treasury Secretary, what does he really know about last month’s non-farm payrolls report? On the eve of the February NFP release, we wonder loudly how accurate his prediction of a snow-storm related bulge in unemployment really is.
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Posted in forex blog, lawrence summers payrolls, non-farm payrolls 5 Comments »

I was on Fox Business this afternoon talking about the overstretched positions in the euro and British pound as well as the outlook for the ECB, BoE and Non-farm payrolls report
If the video doesn’t load, watch it here Kathy’s Fox Business Interview
Watch the latest business video at video.foxbusiness.com

Posted in 2009 eurusd forecasts, 2009 gbpusd forecast, 2009 us dollar forecast, dollar forecast, euro, forex blog, non-farm payrolls 1 Comment »

Every month before the non-farm payrolls report is released, I write about whether I think NFP will be better or worse than the previous month and how to trade it. Hopefully you got a chance to read my report and see the charts of how the EUR/USD typically trades post payrolls - Bar is Set [...]

Posted in 2009 eurusd forecasts, eur/usd, forex blog, non-farm payrolls 3 Comments »

I haven’t blogged for a while and I apologize for that because I’ve been busy with FX360.com and preparing for the Las Vegas Forex Traders Expo at the end of the month.
However, this is a great image that I found in the NY Times. It shows which sectors have lost the most [...]

Posted in forex blog, non-farm payrolls 4 Comments »