Excellent jobs report by ADP: no less than 250K private  sector jobs were gained in the US in December. The figure for November was only slightly revised down from 190K to 185K. All in all, the gain in jobs is good news on its own and also a big beat on expectations. Most of these...

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The US gained 113,000 jobs in January. The unemployment rate stands at 6.6% – little changed from the previous month. The US Non-Farm Payrolls report was expected to show a gain of around 185K in the first month of 2014 after an initial report about 74K for December. Even though significant revisions were expected, there...

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The recent US Non-Farm Payrolls showed a 217K gain in jobs in May — expectations were around 214K jobs. The unemployment rate remained unchanged at 6.3%, while it was predicted to inch up to  6.4%. This report showed numbers, which were  inline with market expectations and thus the report currently has  a modest impact  on...

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A very strong  US jobs report: A gain of 271K.  Wages grew at a faster rate. It’s mostly  positive albeit  with  little upward revisions — an upside of 12K. The  unemployment rate slid to  5%. Participation is at 62.4% — unchanged. Y/y wages are at 2.5% — the fastest pace since July 2009.   USD...

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Lower than expected data in the US: only 156K jobs were gained and wages went up by 0.1%, lower than expected on both fronts.The participation rate was unchanged at 62.9%. Wages y/y are still at an annual pace of 2.5%. Overall, not a great report on both wages and headline job growth.   The US...

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Aside from cryptocurrencies being the main subject of the markets recently, commodities are reaching new heights with crude oil on the rise with solid growth. For the first time since 2014, Brent oil reached $71 per barrel, as well as WTI crude futures rising to $66.35 per barrel, the highest price mark since December 2016.ҬBoth...

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EUR/USD lost ground ahead of the April ECB meeting. The Euro Zone central banking authority has mentioned that negative rates are a potential option in a bid to boost the euro and make it stronger by creating an incentive for the purchase of bonds. The euro has been trading in a bullish range, at first...

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Fundamental Analysis: Canadian GDP data surprised the market with growth of 0.3%. Labor market reported stronger than expected. Sharp increases in Oil Prices after OPEC meeting underpin the Canadian dollar. Current week BOC monetary policy and Trade data is in focus. BOC policy likely to remain unchanged and would wait for the FOMC meeting. Trade...

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Currency pairs are not born equal and do not follow the same technical behavior. The better ones will enjoy a nice follow through after breaking a clear line of support or resistance. And in case they lack the strength, they will slow  slow down before such a line and eventually bounce nicely back to range....

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A good currency pair will lose speed when approaching a clear line of resistance and support and then bounce back into range. If it has a strong momentum, this currency pair will pierce through the clear line and only leave dust behind them. We all like these pairs – the more predictable ones. Unfortunately, not...

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