US: Payrolls Point to Solid Income Gains

Looking forward, we expect monthly employment gains to stay around 250,000. In combination with lower oil prices, which will pull down the inflation rate, this translates into decent real income growth. We therefore look for a rebound in consumption growth to 3.5% in coming quarters after a 2.7% increase in Q1.

FOREX: US Dollar May Give Back Some Recent Gains on Soft Jobs Report

The US Dollar may give back some of this week’s impressive gains as closely-watched labor market data show April saw the smallest jobs gain in three months.

USD Gains Amid Falling Commodities, Oil, Equities, and Less Hawkish Trichet

Following several weeks in which the USD was beat up on the back of expectations around its loose monetary policy, we have finally seen the USD strike back. Today it was against the EUR, as ECB President Trichet sent a signal to the markets that the ECB would hike rates

Japanese Yen Looks to Extend Gains On Falling U.S. Yields

FOREX: Dollar Gains as Traders Look for US Growth to Outperform in 2011

The Dollar advanced in Asian trade, bucking its safe-haven profile to rise along with the region’s stock exchanges as traders positioned for strong US growth in 2011.