Trump, COVID and NFP

As it so happens President Donald Trump and wife Melania Trump have both tested positive for COVID-19. Only hours after announcing that the “Pandemic’s end was in sight”. He also spent months down playing the virus as the country lost tens of thousands of lives. The main concern right now is around the fiscal package. […]

NFP – All You Need to Know

August NFP result are in and boy have they impressed. The US has enjoyed another month of positive jobs data with a further in crease of 1.371 million jobs in August  and unemployment falling to 8.4%.   However low participation rate has weighed down on the positivity yet again. We have seen the participation rate […]

Aussie, NFP and trade of the week update

The Aussie continues i’ts three day loosing streak falling below 0.7265. This stemming from a three day rally in the dollar index accompanied with NFP Data. NFP is once again expected to perform better than expected after a positive result in August. The US economy added 1.76M jobs in July, a better-than-expected figure, although the […]

The Week Ahead

What a week it was. The markets definitely showed up to play last week but what will it have installed for us this week. Let’s start off with the Aussie dollar. After a tight week for the AUD/USD pair, trading only in an 80 pip range, how will it hold up against the dollar? With […]

July NFP 2020 Better than expected or was it?

I hope you all held on to your hats as the storm that was Non Farm Payroll (NFP) swept through the town. Despite  the coronavirus, July NFP figures show that the economy continues to add jobs. NFP came in better than expected at 1.76 million new jobs after economist predicted 1.6 million new jobs. June […]

Too much uncertainty creates volatility

Some disappointing data ahead of the NFP announcement and expectations now looking to a drop in employment figures for July.  The dollar is stronger ahead of the release which is set to unleash high volatility. EUR/USD is trading lower at 1.1850, this a result of  President Trump’s placing an executive order against TikTok and WeChat […]

How TikTok has affected Non-Farm Payroll

The first Friday of every month always feels like when I was at the sports carnival at school, lined up at the starting blocks ready for the 100 meters sprint. You know what the expectations are, you know what the most likely result could be but then one kid falls and before you know it […]

The week ahead

Another month another week of reporting. We have a big week for the Aussie and the Pound. However starting off the week is the USD with ISM Manufacturing PMI for July. Manufacturing is a significant indicator of overall economic conditions in the US. A result above 50 is seen as bullish and this month general […]