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Tag Archives: U.S. unemployment rate

FX Daily, January 06: Dollar Consolidates Losses, Peso Firms while Yuan Reverses

  Swiss Franc EUR/CHF - Euro Swiss Franc, January 06(see more posts on EUR/CHF, ) - Click to enlarge I am reading a lot about the pound in 2017 which is likely to be as volatile as in 2016. But the Franc is a harder beast to predict. Loosely tracking the euro but subject to its own rules and trends GBP/CHF could be an interesting pair to watch in 2017. There are numerous global events which can shape the...

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A Few Thoughts Ahead of the US Jobs Report

Summary ADP and Non-Manufacturing ISM lend credence to our fear of a disappointing national jobs report. Economists estimate only a small part of the manufacturing jobs loss can be traced to trade policy. 19 states increased min wage at the start of the year, but the impact on the nation’s average weekly earnings will likely be too small to detect. We have suggested the risk of disappointment with the US...

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Our “Gaslight” Economy

If you don’t like what these charts are saying, please notify The Washington Post to add the St. Louis Federal Reserve to its list of Russian propaganda sites. Yesterday I described our gaslight financial system. Today we’ll look at our gaslight economy. Correspondent Jason H. alerted me to the work of author Thomas Sheridan ( Puzzling People: The Labyrinth of the Psychopath), who claims to have coined the...

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Mixed Jobs Report, but Unlikely to Deter Expectations for Fed Hike

United States The US dollar has slipped lower in response to the jobs data, but quickly recovered. The details are mixed, but is unlikely to change views on the outlook for Fed policy. The headline job creation was in line with expectations at 178k. Job growth of the back two months were shaved by 2k, concentrated in October. U.S. Nonfarm Payrolls, November 2016(see more posts on U.S. Nonfarm Payrolls, ) Source:...

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Mixed Jobs Report, but Unlikely to Deter Expectations for Fed Hike

United States The US dollar has slipped lower in response to the jobs data, but quickly recovered. The details are mixed, but is unlikely to change views on the outlook for Fed policy. The headline job creation was in line with expectations at 178k. Job growth of the back two months were shaved by 2k, concentrated in October. U.S. Nonfarm Payrolls, November 2016(see more posts on U.S. Nonfarm Payrolls, ) Source:...

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FX Daily, November 04: US Jobs Figures: Another Time the Swiss Franc Strengthens

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc With the not convincing U.S. jobs number, both the EUR and, in particular, the Swiss Franc could improve. With continuing political uncertainty in the U.S., more speculators closed their short CHF positions. Moreover, I expect significant...

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FX Daily, October 07: Sterling Stabilizes After Harrowing Drop, Now Jobs

Swiss Franc EUR/CHF - Euro Swiss Franc, October 07 2016. - Click to enlarge FX Rates Sterling again steals the limelight. In early Asia, sterling inexplicably dropped nearly eight cents in minutes (to ~$1840), and on some platforms, may have traded below $1.1380. It almost immediately rebounded but has not resurfaced above $1.2480. Over the last couple of years,there have been a number of sudden dramatic moves...

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US Jobs Surprise, Canada Disappoints

Summary: Underlying concerns about US labor market ease after two robust reports. Sept Fed views will not change much. Canada’s data is disappointing, BOC optimism may be challenged. United States Nonfarm payrolls The market’s angst over the underlying trend in the US labor market eases with the help of the second consecutive robust report. The 255k rise in non-farm payrolls was well above expectations, and...

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