EUR / USD: Although it has been suggested for the first time since 1978, EURO only official name is placed on 12/1995 by the Confederation of European economic and currency began to be used in the trade in electricity on 01/01/1999, officially legalized in 1/1/2002. The economic indicators for countries in the European community block similar to the indicators of U.S. GDP as indicators of the Euro as compared to 6.3 trillion 8.1 trillion of America. In international transactions outside of Europe, U.S. stocks lower as Europe is not how many (up 17% compared to 19%).
EUR / USD currency pair may be known and the most world trade. Often called "anti-dollar" because of its special sensitivity to U.S. economic data, currency pair reflects the best available site for the U.S. economy the whole rest of the world. Although it has its own currency against dollar has steadily increased in recent years, a reverse can happen very fast. Until then, this currency pair has created a lot of trade opportunities, with on average over 100 pips per day.
A few tricks trade this pair:
_ Because the U.S. is consuming more oil and other fuels in the world. Should any changes in oil prices could seriously affect the price of the dollar, which then immediately reflected on the value of this pair. When oil prices rise, the U.S. must pay more to buy oil from which the value of the dollar tumbled against the euro.
_ EUR / USD trend may experience increased rapidly and then declines strongly that this currency pair usually moves in a frame in a period (called a range-bound trade). A resourceful trader can earn lots of money due under the trading range.for this pair.
_ When the Fed increases interest rate higher than the savings of European investors were attracted foreign investment in the U.S. and thus stimulate the value of the dollar. When the European Central Bank (ECB) increased interest rate savings, the opposite happens, the EUR went up.
_ The U.S. trade deficit (imports greater than exports) and the budget deficit (spending more than revenues) has pushed down the value of the dollar lower. When imports exceed exports Europe, the euro weakened.
_ Although economic development has always been steady, employment numbers have still not required to keep its pace, leading to many economists call it a recovery process do not work. " NFP reports so that the trader was closely monitored and have a great influence on the value of the municipality. In contrast, Germany, which has the largest economy in Europe, the trader was very closely monitored, and the unemployment rate this country is a majority for a measure of economic conditions in Asia region Europe. Since this currency pair usually follow trends rather than follow around, such as moving averages or indicator crossovers more useful trade or RSI Bollinger band (please see the technical analysis for more details)
GBP / USD: The UK is a country whose economy ranks 4th largest in the world with a GDP of just over 3 trillion. GBP / USD is also one currency pair the most exciting and volatile world. As the currency pair has a long history with the intense volatility of this currency pair usually move hundreds of pips at a time, the trader has helped many opportunities for any period of time. Shift average levels for this pair are usually over 150 pips.
The best time to trade this pair is from 3:00 am until 10:00 am EST EST
Trade Tricks:
UK housing market as factors leading to manifestation of inflation. Status of GBP homes emerged as soap bubbles and made a series of price boom and therefore the new improved markets are closely monitored.
For the U.S. economy's housing market is also a very sensitive market to predict future price increases lai.Mot mutations may also suggest U.S. interest rates in the future, and there is also a major factors affecting the value of the GBP / USD.Interest account deficit and the economy, unemployment, and reporting the number of retail outlets (retail sales), his unemployment and the meetings of the Bank of England (BOE), too
* USD / JPY: Japanese as a country with strong economy ranked third worldwide, with over 4 trillion GDP. This currency pair is also a currency pair is very exciting for traders: since all the elements around it such as China, oil, lxua the efforts of the government. All of these factors all play a role in the way of this currency pair.
China is the biggest competitor in Japan on the world market and the value of this currency, the yen, the state has always been adjusted from the past. When China revalue or float the value of the Human yuan (ie, allowing the currency higher and closer than the actual value) of the Japanese import will be better competition on the U.S. market and the Japanese currency will increase.
Japan is an importer of oil when oil prices should mean that Japan should pay more and thus the value of the yen also fell.
Because the value of the yen is relatively low, so this money is often used as capital of the carry trade Trades (see Carry Trades) and, therefore, that this special feeling for money with interest rate changes .
The most important thing is, because the yen will cause price increases negatively affect Japan's export, which makes Japanese products more expensive, the Bank of Japan should try hard to keep the value of the Yen lower than the true value by intervening in foreign exchange markets.
The best time to trade this currency pair is from 6:00 pm EST (opening Asian markets) to 9 pm EST and the U.S. market opening hours (8 am to 10 am pm EST). Average daily variation of this pair over 100 pips.
USD / CHF: History and the stability of neutral Sweden has helped the France known as a "secure foreign currency"
When financial markets camt or instability, war, threats of economic, tropical disasters, political instability arises, the market tends to move the capital of Sweden - the neutral safety . These disasters do not expect global or the sudden increase in oil prices will also have a positive impact to the value of the CHF, because this money is one of the currency continues to be supported partly by Gold
The trade tricks:
According to statistics, 99% pair USD / CHF to reverse EUR / USD and move in a price area where EUR / USD so. That is when the EUR / USD higher, the dollar / CHF down and back. So just capture the dimension of the EUR / USD, you will know the movement of the USD / CHF.
The best period for dealing with this capu period beginning on the European market is open from 3 -> 4 h light and when the U.S. market beginning to open (8am to 10am EST). Often, this pair moved over 120 pips a day.
AUD / USD: Australia is a country in gold production and thus increase the amount Australia while gold prices rose. In the U.S. there have gold contacts completely the opposite, that is, when gold prices rise, the value of the dollar will fall, adding a further motivation for the Australian currency compared to U.S. currency.
USD / CAD: Like Australia, Canada Water is also a rich resource base with a large number of oil reserves. Very few people know that Canada is a dark oil ranked ninth in the world, with large oil reserves second only to Saudi Arabia. When international oil prices rise, the Canadian dollar also increased
Types of Information (News) affect FX:
To determine the strength of the NFP, we have picked out 10 information to estimate this indicator. The message is often called lodestar of the NFP. These indicators include:
1. ADP Report: Full name is ADP National Employment Report, a report based on information collected salary and bonus of approximately 329,000 enterprises and 24 million workers in 19 industrial sectors of the NAICS (professional organizations sort of industrial indices for North America). The report was used for the purpose of calculating a timely manner and more precisely about the short-term transformation of the labor market among economists, financial experts, and members make core claims of the government. Here are just some influential with the U.S. labor market as this report reflects a large segment in the industry on a large geographic range. According to reports often reflect only good aspect of the NFP should be more realistic even if ADP index was not well publicized, it's difficult to be a good indicator NFP.
2. Help Wanted Index: The index of the job market in America, published monthly by the organization managing the number of help wanted ads in most major newspapers. This index is a guideline on the strength of the domestic labor market by providing information on how many positions need to be employed, and hence the number of workers say scarce. Because owners often raise to attract workers to the wage inflation entirely possible and create a negative impact to the stock market as well as the bond market.
3.Consumer Confidence (CCI)is the only show of optimism confidence about the economic situation under the perspective of consumer spending and through their regular savings. Statistical indicators are due to each country together, not nature but just cross-country analysis of each country is enough to reflect a huge difference globally.Published monthly, based on 5000 CCI index households and is a measure to indicate the level of consumption of the GDP index. The index is calculated based on a survey of the opinions of consumers with the current state of the economy and the desired future. Which comments on the current status of 40% while the index of future expectations constitute 60%.Defining precisely the Conference Board, the CCI is "a monthly report, which detailed the views of consumers and their purchasing plans, with the materials available for age, region and income. "CCI influence of relatively large, so this should only be monitoring the Federal Bank to make decisions about changing the ratio of interest and also make great influence on stock market instrument. One other similar index index index University of Michigan Consumer Sentiment Index, Of the social research institute affiliated universities Michigan.
4. ISM Manufacturing Employment: A panel of experts to investigate administrative expected of them with production problems in the future, the number of new customers, inventory, labor and transportation issues. The content of the ISM Manufacturing Employment show that the economic situation of America. Although producing only plays a minor role in the total GDP output, but the fluctuations in this index tend to be responsible for the biggest change of the index of GDP.Therefore, the development often helps in the production trend of the economy going forward, so that only this will be a decisive indicator of economic transformation. If after a period of stagnation that better than the ISM index shows that demand for manufactured products has skyrocketed and shows the ascent versus stagnation at the time was completely Can. Nguoic if demand slowed production in a period of economic boom absolutely brilliant, you can consider it a sign of the gradual economic slowdown. ISM index is highly appreciated by its time and really, when the economic boom has tended to decrease, analysts have shown that ISM is one of the news makes the market was turbulent Most at the time of the news. The reason lies in the Price Paid and factors ISM's Employment report. These factors demonstrate the status of labor and inflation, two typical indicators of economic activity. ISM index value above 50 usually show the development, expansion is less than 50 show a decline.
5. ISM Services Employment: Or commonly known as ISM Non-Manufacturing Index. Unlike the ISM Manufacturing index, ISM Services not to be a leading indicator of economic but a new factor is not closely monitored. The report is an investigation on the national scale between the director in charge of the sale. The director or manager is responsible for new orders, employment, inventories, delivery times, prices, record orders, export and import goods. ISM Similarly, the index below 50 shows a decrease compared to the previous month, also on 50 show an increase. Because of this nascent index from July 1997 (which is why I say that this is a completely new element), so even considering the nature of ISM (concluding service as well as the array of products that do not have the ISM Manufacture) is regarded as a complete guideline to clarify the status of the ISM Non-Manufacture can not reflect back a long look at a general nature on aspects different economic status. If the ISM Manufacturing index should be assessed, the indicators point A to point B is only only
6. Initial jobless Claims: This indicator is assessed by the number of unemployment benefit requirements. The report provides timely information but do not be a proper guideline for the direction of the economy, with the idea that the rise or fall in the request reflects the hidden effect of the increase or decrease in work. Get weekly milestones, this index is very volatile, and therefore that many analysts use sugar MA (4 weeks) (see all Moving Average) to feel better about the key trends at that h. At least one change in the 30K range, the new index can be regarded as a sign of meaningful change in job status.
7.Continuing Claims: A weekly statistics report, have similar properties as Initial jobless Claims. This is the only real number of unemployed and are currently receiving unemployment benefits, those who have applied for unemployment benefits for at least two weeks prior. To apply for assistance you must meet the following five factors:
1.Thoi time employment must be at least 1 year
Not be unemployed because of personal problems (can not be fired)
Must have ability to work; Ko hampered by physical factors as well as spiritual
Always willing to work
Must be actively looking for work
8. Strike Activity: - The strike: This item is not converted into the index and listed, call name as another name. It simply strikes the U.S. Department of Labor statistics and the final (of at least 1,000 workers). Anyone who receives wages paid during that day of the month, 12 are counted as employed. So do workers on strike or similar activities will not be paid full salary for that period. When the workers on strike or quit, they just do not do any part other than the whole of their working hours so they still count as a job but with less hours. This affects two AWH index (average number of hours worked weekly) and AHE (the average hourly earnings) of workers in the manufacturing sector. Average hours worked weekly decline much depends on the volume in which workers with reduced hours and hours of work. The workers on strike or been fired during the payroll did not affect the index if AWH normal hours of work of many other families with an average index for that industry. Similarly, AHE will not be much affected if the hourly earnings of those who participate in strikes or other fired than the average income of that industry.
9. Challenger Job-Cut: Unlike other forms of reporting, this report is not seasonally adjusted. The report is oriented trend of the labor market. The report can be regarded as a decisive factor for only some people applying for unemployment (new jobless claims _ number only six in this section). However, do not have to waste most of these claims are led to minimize the amount of work. For example, the company laid claim to recognize the decline will lead to the number of jobs but not immediately because these companies do not merely replace only those who voluntarily resign. The statistics on the number of workers sacked this helps us grasp the current status of the job market. Fewer people were laid off many more people are employed much. Each job helped provide a source of income and income from this spending leads to the ability of a household. This spending helps lubricate the wheels of economic and should help the economic development market → so how many jobs as possible, the economic market is stepping up again as much. Thus the labor market and the index of concentration related to the labor market is always a factor to be tracking a rubbing post xao. But today we face a different side. When some people find the less, the enterprises have difficulty in finding new employment and thus pay more working hours for workers than the current, even to pay higher salaries to attract workers from work.Generally pay more labor costs more only because not enough workers. This led to inflation in salary and bonus, a very bad news for the stock market and bonds. The report divided the number of workers fired into many sectors to be those which provide different view of these trends may affect the value of the shares of specific industries. Remember that this is only some workers are fired is not the only announcement of workers were laid off actually.
10. Hudson Employment Index : This index is now no longer be published again so we do not consider. You just need to notice and remember the impact on the index only.
Summary: NFP is considered one of the most important news of the Forex. NFP is not only that one believe the Fed decision was selected to guide interest rate. NFP good interest rates may be good and vice versa. In the opinion of the experienced traders in the timing of the NFP news should not make the transaction. Because when the news NFP markets usually have a lot of turmoil, roam, do not go in a certain direction at all. Even as there are market reactions is difficult to understand, completely contrary to the dimension of the NFP. So to trade NFP newbie need some time to track and test carefully before embarking on the actual trade. As new trade real newbie I've ever been to kick out two times out because the number of NFP only guess but did not predict the direction of market movement. If the maxim "Catch the news" then this is an example completely wrong.
Often the NFP are published at the time of 8:30 AM EST. And when the NFP is almost all currency pairs are USD containing at least 100 pips change so should the Games you'll see from about 6 am that day what (EST offline) market will be very slow, almost such fluctuations do not have anything. One more reason that these professional traders do not trade with NFP is how h when the market has too many forex fluctuations often the floor very hard to perform your commands. Suppose you open a previous order h when the news but news, the market moves too strong and can not be re-forex floor matching your stop-loss point that you place it if you go the opposite direction to the market, this This will consume you thousands of dollars.
Generally, if you want to trade their NFP really recommend you consider the motion of the NFP and draw a good solution for you, not to apply tactics of anyone else. Including the idea that so much to the news at the time of NFP go up or down its peak and then begin placing orders and the market likely will return to the time before the news
EUR / USD currency pair may be known and the most world trade. Often called "anti-dollar" because of its special sensitivity to U.S. economic data, currency pair reflects the best available site for the U.S. economy the whole rest of the world. Although it has its own currency against dollar has steadily increased in recent years, a reverse can happen very fast. Until then, this currency pair has created a lot of trade opportunities, with on average over 100 pips per day.
A few tricks trade this pair:
_ Because the U.S. is consuming more oil and other fuels in the world. Should any changes in oil prices could seriously affect the price of the dollar, which then immediately reflected on the value of this pair. When oil prices rise, the U.S. must pay more to buy oil from which the value of the dollar tumbled against the euro.
_ EUR / USD trend may experience increased rapidly and then declines strongly that this currency pair usually moves in a frame in a period (called a range-bound trade). A resourceful trader can earn lots of money due under the trading range.for this pair.
_ When the Fed increases interest rate higher than the savings of European investors were attracted foreign investment in the U.S. and thus stimulate the value of the dollar. When the European Central Bank (ECB) increased interest rate savings, the opposite happens, the EUR went up.
_ The U.S. trade deficit (imports greater than exports) and the budget deficit (spending more than revenues) has pushed down the value of the dollar lower. When imports exceed exports Europe, the euro weakened.
_ Although economic development has always been steady, employment numbers have still not required to keep its pace, leading to many economists call it a recovery process do not work. " NFP reports so that the trader was closely monitored and have a great influence on the value of the municipality. In contrast, Germany, which has the largest economy in Europe, the trader was very closely monitored, and the unemployment rate this country is a majority for a measure of economic conditions in Asia region Europe. Since this currency pair usually follow trends rather than follow around, such as moving averages or indicator crossovers more useful trade or RSI Bollinger band (please see the technical analysis for more details)
GBP / USD: The UK is a country whose economy ranks 4th largest in the world with a GDP of just over 3 trillion. GBP / USD is also one currency pair the most exciting and volatile world. As the currency pair has a long history with the intense volatility of this currency pair usually move hundreds of pips at a time, the trader has helped many opportunities for any period of time. Shift average levels for this pair are usually over 150 pips.
The best time to trade this pair is from 3:00 am until 10:00 am EST EST
Trade Tricks:
UK housing market as factors leading to manifestation of inflation. Status of GBP homes emerged as soap bubbles and made a series of price boom and therefore the new improved markets are closely monitored.
For the U.S. economy's housing market is also a very sensitive market to predict future price increases lai.Mot mutations may also suggest U.S. interest rates in the future, and there is also a major factors affecting the value of the GBP / USD.Interest account deficit and the economy, unemployment, and reporting the number of retail outlets (retail sales), his unemployment and the meetings of the Bank of England (BOE), too
* USD / JPY: Japanese as a country with strong economy ranked third worldwide, with over 4 trillion GDP. This currency pair is also a currency pair is very exciting for traders: since all the elements around it such as China, oil, lxua the efforts of the government. All of these factors all play a role in the way of this currency pair.
China is the biggest competitor in Japan on the world market and the value of this currency, the yen, the state has always been adjusted from the past. When China revalue or float the value of the Human yuan (ie, allowing the currency higher and closer than the actual value) of the Japanese import will be better competition on the U.S. market and the Japanese currency will increase.
Japan is an importer of oil when oil prices should mean that Japan should pay more and thus the value of the yen also fell.
Because the value of the yen is relatively low, so this money is often used as capital of the carry trade Trades (see Carry Trades) and, therefore, that this special feeling for money with interest rate changes .
The most important thing is, because the yen will cause price increases negatively affect Japan's export, which makes Japanese products more expensive, the Bank of Japan should try hard to keep the value of the Yen lower than the true value by intervening in foreign exchange markets.
The best time to trade this currency pair is from 6:00 pm EST (opening Asian markets) to 9 pm EST and the U.S. market opening hours (8 am to 10 am pm EST). Average daily variation of this pair over 100 pips.
USD / CHF: History and the stability of neutral Sweden has helped the France known as a "secure foreign currency"
When financial markets camt or instability, war, threats of economic, tropical disasters, political instability arises, the market tends to move the capital of Sweden - the neutral safety . These disasters do not expect global or the sudden increase in oil prices will also have a positive impact to the value of the CHF, because this money is one of the currency continues to be supported partly by Gold
The trade tricks:
According to statistics, 99% pair USD / CHF to reverse EUR / USD and move in a price area where EUR / USD so. That is when the EUR / USD higher, the dollar / CHF down and back. So just capture the dimension of the EUR / USD, you will know the movement of the USD / CHF.
The best period for dealing with this capu period beginning on the European market is open from 3 -> 4 h light and when the U.S. market beginning to open (8am to 10am EST). Often, this pair moved over 120 pips a day.
AUD / USD: Australia is a country in gold production and thus increase the amount Australia while gold prices rose. In the U.S. there have gold contacts completely the opposite, that is, when gold prices rise, the value of the dollar will fall, adding a further motivation for the Australian currency compared to U.S. currency.
USD / CAD: Like Australia, Canada Water is also a rich resource base with a large number of oil reserves. Very few people know that Canada is a dark oil ranked ninth in the world, with large oil reserves second only to Saudi Arabia. When international oil prices rise, the Canadian dollar also increased
Types of Information (News) affect FX:
To determine the strength of the NFP, we have picked out 10 information to estimate this indicator. The message is often called lodestar of the NFP. These indicators include:
1. ADP Report: Full name is ADP National Employment Report, a report based on information collected salary and bonus of approximately 329,000 enterprises and 24 million workers in 19 industrial sectors of the NAICS (professional organizations sort of industrial indices for North America). The report was used for the purpose of calculating a timely manner and more precisely about the short-term transformation of the labor market among economists, financial experts, and members make core claims of the government. Here are just some influential with the U.S. labor market as this report reflects a large segment in the industry on a large geographic range. According to reports often reflect only good aspect of the NFP should be more realistic even if ADP index was not well publicized, it's difficult to be a good indicator NFP.
2. Help Wanted Index: The index of the job market in America, published monthly by the organization managing the number of help wanted ads in most major newspapers. This index is a guideline on the strength of the domestic labor market by providing information on how many positions need to be employed, and hence the number of workers say scarce. Because owners often raise to attract workers to the wage inflation entirely possible and create a negative impact to the stock market as well as the bond market.
3.Consumer Confidence (CCI)is the only show of optimism confidence about the economic situation under the perspective of consumer spending and through their regular savings. Statistical indicators are due to each country together, not nature but just cross-country analysis of each country is enough to reflect a huge difference globally.Published monthly, based on 5000 CCI index households and is a measure to indicate the level of consumption of the GDP index. The index is calculated based on a survey of the opinions of consumers with the current state of the economy and the desired future. Which comments on the current status of 40% while the index of future expectations constitute 60%.Defining precisely the Conference Board, the CCI is "a monthly report, which detailed the views of consumers and their purchasing plans, with the materials available for age, region and income. "CCI influence of relatively large, so this should only be monitoring the Federal Bank to make decisions about changing the ratio of interest and also make great influence on stock market instrument. One other similar index index index University of Michigan Consumer Sentiment Index, Of the social research institute affiliated universities Michigan.
4. ISM Manufacturing Employment: A panel of experts to investigate administrative expected of them with production problems in the future, the number of new customers, inventory, labor and transportation issues. The content of the ISM Manufacturing Employment show that the economic situation of America. Although producing only plays a minor role in the total GDP output, but the fluctuations in this index tend to be responsible for the biggest change of the index of GDP.Therefore, the development often helps in the production trend of the economy going forward, so that only this will be a decisive indicator of economic transformation. If after a period of stagnation that better than the ISM index shows that demand for manufactured products has skyrocketed and shows the ascent versus stagnation at the time was completely Can. Nguoic if demand slowed production in a period of economic boom absolutely brilliant, you can consider it a sign of the gradual economic slowdown. ISM index is highly appreciated by its time and really, when the economic boom has tended to decrease, analysts have shown that ISM is one of the news makes the market was turbulent Most at the time of the news. The reason lies in the Price Paid and factors ISM's Employment report. These factors demonstrate the status of labor and inflation, two typical indicators of economic activity. ISM index value above 50 usually show the development, expansion is less than 50 show a decline.
5. ISM Services Employment: Or commonly known as ISM Non-Manufacturing Index. Unlike the ISM Manufacturing index, ISM Services not to be a leading indicator of economic but a new factor is not closely monitored. The report is an investigation on the national scale between the director in charge of the sale. The director or manager is responsible for new orders, employment, inventories, delivery times, prices, record orders, export and import goods. ISM Similarly, the index below 50 shows a decrease compared to the previous month, also on 50 show an increase. Because of this nascent index from July 1997 (which is why I say that this is a completely new element), so even considering the nature of ISM (concluding service as well as the array of products that do not have the ISM Manufacture) is regarded as a complete guideline to clarify the status of the ISM Non-Manufacture can not reflect back a long look at a general nature on aspects different economic status. If the ISM Manufacturing index should be assessed, the indicators point A to point B is only only
6. Initial jobless Claims: This indicator is assessed by the number of unemployment benefit requirements. The report provides timely information but do not be a proper guideline for the direction of the economy, with the idea that the rise or fall in the request reflects the hidden effect of the increase or decrease in work. Get weekly milestones, this index is very volatile, and therefore that many analysts use sugar MA (4 weeks) (see all Moving Average) to feel better about the key trends at that h. At least one change in the 30K range, the new index can be regarded as a sign of meaningful change in job status.
7.Continuing Claims: A weekly statistics report, have similar properties as Initial jobless Claims. This is the only real number of unemployed and are currently receiving unemployment benefits, those who have applied for unemployment benefits for at least two weeks prior. To apply for assistance you must meet the following five factors:
1.Thoi time employment must be at least 1 year
Not be unemployed because of personal problems (can not be fired)
Must have ability to work; Ko hampered by physical factors as well as spiritual
Always willing to work
Must be actively looking for work
8. Strike Activity: - The strike: This item is not converted into the index and listed, call name as another name. It simply strikes the U.S. Department of Labor statistics and the final (of at least 1,000 workers). Anyone who receives wages paid during that day of the month, 12 are counted as employed. So do workers on strike or similar activities will not be paid full salary for that period. When the workers on strike or quit, they just do not do any part other than the whole of their working hours so they still count as a job but with less hours. This affects two AWH index (average number of hours worked weekly) and AHE (the average hourly earnings) of workers in the manufacturing sector. Average hours worked weekly decline much depends on the volume in which workers with reduced hours and hours of work. The workers on strike or been fired during the payroll did not affect the index if AWH normal hours of work of many other families with an average index for that industry. Similarly, AHE will not be much affected if the hourly earnings of those who participate in strikes or other fired than the average income of that industry.
9. Challenger Job-Cut: Unlike other forms of reporting, this report is not seasonally adjusted. The report is oriented trend of the labor market. The report can be regarded as a decisive factor for only some people applying for unemployment (new jobless claims _ number only six in this section). However, do not have to waste most of these claims are led to minimize the amount of work. For example, the company laid claim to recognize the decline will lead to the number of jobs but not immediately because these companies do not merely replace only those who voluntarily resign. The statistics on the number of workers sacked this helps us grasp the current status of the job market. Fewer people were laid off many more people are employed much. Each job helped provide a source of income and income from this spending leads to the ability of a household. This spending helps lubricate the wheels of economic and should help the economic development market → so how many jobs as possible, the economic market is stepping up again as much. Thus the labor market and the index of concentration related to the labor market is always a factor to be tracking a rubbing post xao. But today we face a different side. When some people find the less, the enterprises have difficulty in finding new employment and thus pay more working hours for workers than the current, even to pay higher salaries to attract workers from work.Generally pay more labor costs more only because not enough workers. This led to inflation in salary and bonus, a very bad news for the stock market and bonds. The report divided the number of workers fired into many sectors to be those which provide different view of these trends may affect the value of the shares of specific industries. Remember that this is only some workers are fired is not the only announcement of workers were laid off actually.
10. Hudson Employment Index : This index is now no longer be published again so we do not consider. You just need to notice and remember the impact on the index only.
Summary: NFP is considered one of the most important news of the Forex. NFP is not only that one believe the Fed decision was selected to guide interest rate. NFP good interest rates may be good and vice versa. In the opinion of the experienced traders in the timing of the NFP news should not make the transaction. Because when the news NFP markets usually have a lot of turmoil, roam, do not go in a certain direction at all. Even as there are market reactions is difficult to understand, completely contrary to the dimension of the NFP. So to trade NFP newbie need some time to track and test carefully before embarking on the actual trade. As new trade real newbie I've ever been to kick out two times out because the number of NFP only guess but did not predict the direction of market movement. If the maxim "Catch the news" then this is an example completely wrong.
Often the NFP are published at the time of 8:30 AM EST. And when the NFP is almost all currency pairs are USD containing at least 100 pips change so should the Games you'll see from about 6 am that day what (EST offline) market will be very slow, almost such fluctuations do not have anything. One more reason that these professional traders do not trade with NFP is how h when the market has too many forex fluctuations often the floor very hard to perform your commands. Suppose you open a previous order h when the news but news, the market moves too strong and can not be re-forex floor matching your stop-loss point that you place it if you go the opposite direction to the market, this This will consume you thousands of dollars.
Generally, if you want to trade their NFP really recommend you consider the motion of the NFP and draw a good solution for you, not to apply tactics of anyone else. Including the idea that so much to the news at the time of NFP go up or down its peak and then begin placing orders and the market likely will return to the time before the news
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