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Is this the month the unemployment rate finally falls below 6%?

By: New_Deal_democrat

The Conference Board publishes an  Employment Trends Index which is designed to show the trend in employment some months into the future: Read more

How the Strong Australian Dollar Is Hurting Australia

By: HaleStewart

Above is a chart of the effective exchange rate of the Australian dollar compiled from BIS data. From the beginning of 2009 until early 2011, the currency rallied approximately 37.5%. The reason is twofold. First, Australia's economy has performed very well over the last 5 years and Australia has the highest reserve rate in the developed world, standing at 2.5%. Read more

XE Market Analysis: North America - Sep 03, 2014

By: XE Market Analysis

The euro firmed up on reports of a ceasefire breaking out in Ukraine, which sent EUR-USD to new highs for the week above 1.3150 while lifting EUR-JPY and EUR-GBP, though the extent of gains have been limited with markets remaining wary. USD-JPY, meanwhile, logged a fresh trend peak of 105.31 during Tokyo trade before ebbing back to a low of 104.86, and subsequently regaining the 105 handle. Read more

XE Market Analysis: Europe - Sep 03, 2014

By: XE Market Analysis

The dollar corrected after making new highs against some currencies. USD-JPY logged a nine-month high of 105.31 before turning lower, to the 104.95-105.00 region. EUR-JPY saw a similar price action, making a seven-week peak of 138.25 before reversing lower, to a low of 137.77, and ditto for AUD-JPY, which hit fresh 16-month peaks before ebbing back. Read more

XE Market Analysis: Asia - Sep 02, 2014

By: XE Market Analysis

After posting gains overnight, the dollar took a breather versus the euro in N.Y. dealings, pulling up modestly on reported profit taking. Stronger than expected ISM and construction data was shrugged off by the FX market, though equities pulled back as yields bounced. Read more

XE Market Analysis: North America - Sep 02, 2014

By: XE Market Analysis

The dollar has continued to ascend, with EUR-USD making a fresh one-year low of 1.3114 so far, USD-JPY making a new eight-month peak three pips shy of the 105.00 level, and Cable making six-month lows, despite a strong construction PM survey out of the U.K. Read more

XE Market Analysis: Europe - Sep 02, 2014

By: XE Market Analysis

The dollar extended gains in the pre-European session in Asia. This follows yesterday's move, where weak PMI data out of the Eurozone, U.K. and China gave the greenback an underpinning. EUR-USD made a fresh one-year low at 1.3114, and Cable more than reversed the rebound of yesterday in dipping back below 1.6600 to 1.6577. Read more

XE Market Analysis: Asia - Sep 01, 2014

By: XE Market Analysis

The dollar remained underpinned, which we expect to remain the case into Friday's August U.S. employment report, posting a one-year high against the euro and a seven-month peak versus the yen. EUR-USD's low was 1.3119, which was seen in Asian trade, before the euro settled near net unchanged levels around 1.3135-45. Read more

XE Market Analysis: North America - Sep 01, 2014

By: XE Market Analysis

The dollar is trading near 1-year highs against the euro, boosted by U.S. economic outperformance and with the EUR also weighed down by ongoing tensions in the Ukraine, which are adding to German and Eurozone growth concerns. Australia's dollar was pressured by the weaker than expected manufacturing PMI, while New Zealand's dollar bounced back after a rise in the trade balance. Read more

XE Market Analysis: Europe - Sep 01, 2014

By: XE Market Analysis

The dollar is trading near 1-year highs against the euro, boosted by U.S. economic outperformance and with the EUR also weighed down by ongoing tensions in the Ukraine, which are adding to German and Eurozone growth concerns. Australia's dollar was pressured by the weaker than expected manufacturing PMI, while New Zealand's dollar bounced back after a rise in the trade balance. Read more

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