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While we are seeing improvements in most sectors of the US economy, the labour market has reacted with extreme sluggishness to the pick-up in activity. The unemployment rate still hovers around 9.5 percent and the monthly gains in employment are still only just about enough to keep unemployment...

Today US ADP Non-Farm Employment Change is the major event on calendar . Here is an outlook on the market movers awaiting us. In the US, ADP Non-Farm Employment Change measuring the estimated change in the number of employed people during the previous month, excluding the farming industry and...

EURUSD Regained strength after the sharp reversal, following an upside rejection at 1.3757, found support at 1.3570. The latest fall has nearly been fully retraced, though clear break above 1.3757 to confirm. Immediate target lies at 1.3784, ahead of 1.3838, 76.4% retracement of 1.4280/1.2872...

Danske Bank: The bank reports that there was strong risk-aversion in the FX market on Friday due to rising conflict in Egypt. Although there is a lot on the economic calendar this week, including the ECB meeting, non-farm payrolls and ISM, they believe the markets will continue to closely watch...

EURUSD made another indecisive movement yesterday. There are no changes in my daily technical outlook. I am still in bullish mode and just keep waiting for a minor bearish correction around 1.3625 - 1.3550 support area to go long with nearest target remains around 1.3800...Full Story at...

The Euro has rallied steadily during the last two weeks, to reach levels right below the 61.8 retracement of the November-January downtrend, at 1.3739, where, according to Karen Jones, technical analyst at Commerzbank, some profit-taking is expected...Full Story at...

British MPC Meeting Minutes revealed that another member of the MPC, Martin Weale, voted in favor of rate hike. This added pressure raises the chances of a rate hike sooner than later, but it’s important to note that the meeting was held well before the horrible GDP figure. Is this a chance to...

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