Don't be fooled. 3.9% UR in the context of a smaller labor force That peaked in 2000. This chart shows all All Employees, Total Nonfarm divided by population size. As you can see all employees to population kept skyrocketing from 1957 to 2000 with deficits next to nothing. SInce 2000, all employees have flatlined at best while deficits keep increasing...
Fundamentals point to a more aggressive Fed response; expecting claims to come in softer tomorrow - asset flows particularly bonds support this view Expecting a large move higher in USD and a large drop in XAU tomorrow if initial/continuing claims come in softer than expected
Just speculating here, but the goal of this comparison was to get an average in days from when unemployment starts to rise to the major historical bottoms of the S&P 500. After taking the total number of days from the 6 instances highlighted in the chart above we got an average of 427 days, which would put us roughly in August of 2023 for a potential bottom...
1. If the Non-Farm Payrolls data remains above 200K and the unemployment rate remains below 3.7%, GOLD SELLS below | 1795 -1789 | 2. If Non-Farm Payrolls data remains UNDER 200K and Unemployment Rate ABOVE 3.7% BUY GOLD BUY | 1803 | + confirmations DXY BULL (2) / BEAR (1) ╔═╦╗╔╦╗╔═╦═╦╦╦╦╗╔═╗ ║╚╣║║║╚╣╚╣╔╣╔╣║╚╣═╣ ╠╗║╚╝║║╠╗║╚╣║║║║║═╣ ╚═╩══╩═╩═╩═╩╝╚╩═╩═╝
This trade is a pre prediction of GBP Unemployment Rate Coming up at 7am UK time. My prediction is GBPUSD UNEMPLOYMENT RATE GBP WILL GAIN OVER THE DOLLER GBPUSD TAKE PROFIT 1.18850 STOP LOSS 1.17415
I'm just the messenger. SPX - orange Unemployment Rate - Blue Indicator - Moving Average out of Unemployment Rate This isn't a rule, as many sectors influence the market, but big crashes have been paired with a growing Unemployment rate. Here we can see that it bottomed and is consolidating - which proofs a strong economy and no need to crash - this suggests the...
Welcome back to another video, today's video is about analysing GBPUSD with fundamental and technical analysis using the monthly, weekly and daily timeframe to understand and see price movements for the next direction of prices (either downwards or upwards trend). P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
Australian unemplyment figures have been at absolute all time lows, even taking out the beginning of the end of the mining boom in the late 2000's. With the mining boom in western australia came the strong AUD rate which really hurt the east coast which attracts a lot of tourists. The strong AUD means mainly international tourists look to cheaper destinations. In...
The New Zealand dollar has reversed directions today and recorded sharp losses. NZD/USD is trading at 0.6285, down 0.75% on the day. Risk appetite has fallen, with US Speaker of the House Nancy Pelosi's controversial trip to Taiwan sending risk appetite lower. The New Zealand dollar has followed the Aussie, which has plunged around 1.5% today. As well, NZD/USD is...
For those following the euro's close encounters with parity, the currency played a game of tease earlier today. In the European session, EUR/USD dropped to parity with the US dollar, a line of psychological importance. However, the euro would not budge any lower, and is currently at 1.0068 in the North American session, up 0.28% today. I would not be surprised if...
It is looking like July 2022 could be a memorable month for the euro, but unfortunately not for the right reasons. EUR/USD is within a whisker of dropping below parity with the US dollar for the first time since 2002 and the risk of a break below parity below in the coming days remains high. In the North American session, EUR/USD is trading at 1.008, down...
INVERTED GRAPH> This isn't a shocker. It's well documented. But what is happening right now is interesting. When the stock market does better, unemployment falls. When the stock market does worse, unemployment grows. Right now, stocks have dropped but unemployment hasn't fallen. Guess what happens next? Peak unemployment will be near the end of the...
The Canadian dollar has started the week with strong gains, recovering after sharp losses at the end of the week. There are no Canadian tier-1 events on the calendar, so US numbers will have a magnified impact on the movement of the Canadian dollar. The US nonfarm payrolls outperformed in spectacular style, posting a gain of 467 thousand jobs in January. Many...
The Australian dollar is trading quietly at the start of the week. In the North American session, AUD/USD is trading at 0.7172, down 0.14% on the day. December job numbers in the US were mixed. The nonfarm payrolls report was a major disappointment, with a gain of 199 thousand, compared to a forecast of 425 thousand. Despite the soft nonfarm payrolls reports,...
After three losing sessions, the Australian dollar has steadied. AUD/USD is currently trading at 0.7305, up 0.17% on the day. In the Asian session, the Aussie dropped to 0.7277, its lowest level in a month. The Australian dollar didn't get any help from the October employment report, which was showed total employment declining and the unemployment rate rising....
This is a short Economical analysis of the unemployment to Inflation Rate The start of covid as cost a lot of jobs and so was the economical crises in 2008/09 I just was trying to put it all in a perspective and compare it with the financial crises in 2008
The recent weakness of the Japanese Yen made all pair Bullish against the Yen, the US Dollar is not exempted. After USDJPY broke the support it mitigated with the Monthly Demand zone, breaking all highs and now it is currently at the supply zone. Will price still remain bullish? Anticipating a decline in price during the Major Economic events holding in the first...
Standard analysis measuring unemployment fluctuations. Attention should be drawn to areas between 2.51 to 5.10 where strong support has been shown to contribute to unemployment increases since 1953.