Jobs Hangover? Non-Farm Payrolls Preview

The upcoming release of the Non-Farm Payrolls will be a correction from the previous release due to government’s cut in jobs. Here’s a preview for the NFP on July 2nd, and the things to watch out for. The decennial census that was held in May had an impact on Non-Farm Payrolls from the beginning of the year. … “Jobs Hangover? Non-Farm Payrolls Preview”

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Fundamental Overview – Market Movers This Week – 6/21/2010

The U.S. Dollar gave even more of its recent gains last week after the Spanish bond auction eased market debt fears in the Eurozone and China announced its shift to a new exchange rate policy with greater flexibility. Also, European exchange rates traded correctively higher after much of the bad news for those currencies already … “Fundamental Overview – Market Movers This Week – 6/21/2010”

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GBP/JPY Outlook – June 21-25

The Chinese government finally made its move and promised to let the Chinese yuan trade more freely – appreciate against the dollar. This announcement on the weekend will have a positive impact on the Japanese yen across the board. The most interesting cross is GBP/JPY. Here’s an update on the situation and on the technical … “GBP/JPY Outlook – June 21-25”

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3 Psychological Tendencies That Cripple Traders And How To

Guest post by Jason Madison of beatwallstreetnow.com In the world of trading we often spend too much time worrying about signals and news releases that we often overlook the most important aspect of being a successful trader which is to develop the proper mindset. This is more important than what methods you choose to use in … “3 Psychological Tendencies That Cripple Traders And How To”

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Spain’s Credit Freeze Weighs on Euro

The European leaders can deny a multi-billion rescue package for Spain, but the wheels are already in motion – foreign banks refuse lending money to Spanish banks, and the government may be unable to supply the liquidity. EUR/USD is also in a downwards motion, ending the short lived party. Also the ZEW Economic Sentiment was … “Spain’s Credit Freeze Weighs on Euro”

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Indicators – 3 Reasons Why They Will Hurt Your Trading

Guest post by Jason Madison of beatwallstreetnow.com Indicators are widely used by traders, but just because something is widely used doesn’t that mean it’s good. In fact given that 95% of traders fail it’s probably best to stay away from the herd unless you want to end up in the slaughterhouse. So, here are the top … “Indicators – 3 Reasons Why They Will Hurt Your Trading”

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Strong Canadian Job Growth Leaves Loonie Unexcited

Canadian job figures surprised once again – 24,700 jobs were gained, 50% more than expected. The unemployment rate remained unchanged at 8.1%. No surprise here, but this is still great. The Canadian dollar wasn’t excited. The Canadian Department of Labour Force Survey showed that gains were mostly seen in the services industries, and included gains … “Strong Canadian Job Growth Leaves Loonie Unexcited”

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Higher Tensions towards the Non-Farm Payrolls

The tension in the markets is rising towards the release of May’s Non-Farm Payrolls. The already high expectations were raised on new data that has emerged. Updated towards the big event. EUR/USD returned back to the range after making a dip earlier this week. Another move after today’s figures was also contained. The markets are … “Higher Tensions towards the Non-Farm Payrolls”

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