Intraday Market Thoughts
US jobs strong, earnings soft, USD soars
by
Mar 6, 2015 18:25
USD soared further, dragging EURUSD to fresh 11-year lows of $1.0845 on another solid US jobs report supporting the case for a Fed June or September rate hike as US non-farm payrolls powered ahead with a 295K increase in non-farm payrolls in February, overshooting expectations of a 3rd consecutive decline to 235K. The only negatives of the report standing the way of Q2 rate hike is the decline in the average hourly earnings to 0.1% m/m from 0.5% y/y and to 2.0% y/y from 2.2% y/y . Full charts & analysis here
Click To Enlarge
Latest IMTs
-
Deflationary Bitcoin صلابة بيتكوين
by Ashraf Laidi | Apr 24, 2024 11:20
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17