Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Commodities  >  Gold       XAUUSD

GOLD
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysis 
News SummaryAll newsTweets

US Dollar Looks to ADP, ISM for Clues Ahead of September NFPs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/05/2016 | 04:40pm CEST
DailyFX.com -

Talking Points:

- Difference in weightings in DXY and USDOLLAR underlie differences in performance; stability in EUR/USD since early-2015 main factor.

- USD/JPY breaking out from downtrend dating back to December 2015.

- See the DailyFX economic calendar for the week of October 2 to October 7.

There are several pieces of US economic data on the docket today that will, collectively, have a material impact on expectations for Friday's September US Nonfarm Payrolls report release. While not leading indicators - contemporaneous, if anything - the US ADP Employment report and the US ISM Services/Non-Manufacturing report's Employment subindex will offer significant clues for what to expect on Friday.

See the video (above) for technical considerations in EUR/USD, GBP/USD, USD/JPY, EUR/JPY, GBP/JPY, EUR/GBP, and the USDOLLAR Index.

Read more: GBP/USD at Fresh Lows Post-Brexit Vote as Reality Crashes Down

--- Written by Christopher Vecchio, Currency Strategist

To contact Christopher Vecchio, e-mail [email protected]

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form


original source
Stocks mentioned in the article
ChangeLast1st jan.
BRITISH POUND / JAPANESE YEN (GBP/JPY) 0.37% 145.563 Delayed Quote.-3.46%
BRITISH POUND / US DOLLAR (GBP/USD) 0.09% 1.31862 Delayed Quote.-1.78%
EURO / BRITISH POUND (EUR/GBP) -0.10% 0.87868 Delayed Quote.-1.57%
EURO / JAPANESE YEN (EUR/JPY) 0.25% 127.913 Delayed Quote.-5.01%
EURO / US DOLLAR (EUR/USD) 0.00% 1.15871 Delayed Quote.-3.06%
US DOLLAR / JAPANESE YEN (USD/JPY) 0.28% 110.389 Delayed Quote.-2.25%

© FXCM 2016
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOLD
12:20pANGLOGOLD ASHANTI : Van Eck Associates Holds 11% Stake in AngloGold Ashanti
DJ
12:01pSIBANYE GOLD : Appoints New Head of Safety Following Mine Deaths
DJ
08:55aPetropavlovsk and IRC Granted Payment Waiver by Lender
DJ
06/19Industrial Metals Slide on Reignited Trade Fears
DJ
06/19Industrial Metals Slide on Reignited Trade Fears
DJ
06/18Gold Stabilizes After Friday Tumble
DJ
06/18Correction to Metals Story
DJ
06/18Gold Stabilizes After Friday Tumble
DJ
06/18Gold Stabilizes After Friday Tumble
DJ
06/18SIBANYE GOLD : South Africa Minister Says Regulator to Probe Sibanye-Stillwater ..
DJ
More news