US January Non-fram Payrolls Rise 113k and Rate Falls to 6.6%

  The latest NFP figures came in at 113K versus 75k  last month and worst than the 185k consensus. Participation rate fell to 66.3% from 66.4% We can conclude that it is a weak number but is is also something not totally unexpected as one Fed president did say that the number would have been impacted

By |2016-05-12T00:57:42+08:00February 7th, 2014|Categories: Daily Technical Strategy|Tags: , |0 Comments

Non-Farm Payrolls: Expected 180k but Actual +148k, Unemployment Rate 7.2% – US Dollar sold Across the Board

US Non-Farm Payrolls for the month of September came out at 148K which was less than expected. News across the web showed that the market was expecting a gain of around 180k jobs. This number seems realistic after August numbers came out at 169k for the month of August. Looking at the unemployment rate, it

By |2016-05-12T01:04:56+08:00October 22nd, 2013|Categories: Daily Technical Strategy|Tags: , , |0 Comments