Klinch's Blog

Avatar

US EMPLOYMENT ISSUE Affects Currency Trading et.al.

The last update data of employment report I gathered was June 2014, after one month as per the newly reported data, the result is impressive in favor of US economy. A healthy net gain of 217,000 jobs in May confirms our expectation of a faster hiring pace in the latter half of 2014. By year-end, monthly job creation should be running at about 230,000 a month, with a total of 2.6 million workers added to payrolls over the year. Monthly gains so far this year have averaged 214,000 a month.
In a re…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

Economic Outlook affects Forex Trading

I picked the most traded pair EURUSD as an example, traders are reacting and the sentiment are mostly focus with this pair. First, we look back to the much awaited data results from US economy which surpass (surprise) us and breaking all their data record for several years.
GDP
The result of second half of 2014 GDP data rising at about a 3% annualized rate as the expansion cycle matures and hindrances
to growth ease. Given the dismal first quarter (a -2.9% growth rate) and the likelihood that …
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen