US ADP Employment Change Strongly Undershoots Forecasts for May, NFP to Follow?

The ADP report is used as a curtain opener for the government's Non-Farm Payroll release, but it has been a bit sporadic in how closely it predicts what the NFP figure will be. The expectations is for the economy to have added around 195K jobs.

Even though the ADP report has

Source: ActionForexall Rss Feed

This Week in the GBP: Inflation, Employment, BOE Meeting Minutes

The past two weeks have seen the Pound declining against the USD amid currency markets that are were looking for safety amid a correction/sell-off in commodities and some uncertainties for the global recovery. While the USD was generally well bid during these two weeks, the economic data from the UK

Source: ActionForexall Rss Feed

Glass Half Full for US Employment Report?

After two days in a row of fearsome misses on US data, the market decided to focus on the positive US April payrolls number rather than the negative household survey result for the month. Is this fodder for the everything up vs. the USD trade?

After a near historic shock in

Nonfarm Employment Surges in April

Nonfarm payrolls posted their third consecutive solid increase and seventh consecutive gain, rising 244,000 in April. Overall job growth continues to be restrained by layoffs in the public sector. Government shed 24,000 jobs in April, with most of the cuts coming at the state and local level. Private sector payrolls

USA: Employment index MONSTER rose to 145 points in April

FOREX NEWS: As it became known today, employment index Monster in the U.S. rose to 145 points in April against the level of 136 points in March.
 

NZD: New Zealand Dollar was supported by the news from employment sector

Forex analytics: The New Zealand Dollar grows up at the Forex currency market on Thursday the cause of optimism was suddenly evoked by the employment sector and the report on the unemployment rate for QI.
Forex forecast: MACD indicator is in the positive area for the pair NZD/USD however it started to decline, giving a pair sell signal. Stochastic Oscillator falls in the neutral zone today , approaching oversold ...