By Barbara Zigah The U.S. Labor Department earlier today released the private sector payroll data for the first month of the year. According to the data, only 36,000 new private sector jobs were created last month, from December’s numbers of 121,000 jobs (as revised). A consensus of economists had been predicting new jobs creation of [...]
Tag Archives: non-farm payrolls
Analysts Optimistic On Non-Farm, Bad weather Might Hold A Negative Surprise
By Barbara Zigah Later in the global trading day, the U.S. non-farms payroll data will be released from the U.S. Department of Labor. In spite of the recent encouraging indicators, including production sector growth and better than expected ADP jobs result, analysts are cautioning that it appears that the private sector is hesitant to add [...]
USD/JPY Ahead of Non-Farm Payrolls Due out Friday 8:30 A.M. EDT
USD/JPY was offered today, after it came to light that many hedge funds and Asian accounts sold off their European government bond exposure.  EUR/JPY sold off this morning with most saying that this added momentum to the big sell-off earlier today. Looks like stops were hit under .9000 which was just under a significant support [...]
