Archive for October 2nd, 2015

Foreign Exchange Insights and Next Week

Next Week

October 2, 2015

Central Bank Beat:  Interest rate policy meetings are scheduled in Australia, the U.K., Poland and Japan.  Minutes from the mid-September FOMC meeting will be published, and Dudley, Williams, Kocherlakota, Evans and Bullard are some of the district presidents who’ll be speaking publicly in the period.  Conference:  The annual autumn World Bank/IMF conference will be held […] More

Deeper Analysis

What to Make of the Market’s Reaction to the U.S. Jobs Data?

October 2, 2015

In a wide range of respects, the  labor market report fell far short of analyst expectations.  The level of nonfarm payroll jobs was about 100K lower than forecast.  Employment growth of 142K was some 60K less than anticipated, and August’s gain was revised down by 37K. Labor market participation slid 0.2 percentage points to 62.4%, […] More

New Overnight Developments Abroad - Daily Update

U.S. Jobs Statistics to Dominate this Friday Session

October 2, 2015

Ninety minutes ahead of the U.S. labor force report, the dollar shows small gains of 0.3% against the yen and 0.2% relative to the euro and Swiss franc.  The U.S. currency is unchanged against the Australian dollar and down 0.1% versus the loonie, kiwi and sterling. Analysts look for U.S. employment growth in September of […] More