Tag Archive: Australia Unemployment Rate

Unemployment rate measures the percentage of the total work force that is unemployed and actively seeking employment during the reported month.

FX Daily, August 17: Euro Softens on Crosses, Treasuries Stabilize

2017-08-17

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2017-08-17

The US dollar had steadied after softening in the North American afternoon yesterday when the dissolution of President Trump's business councils as a series of executives stepped down.  The FOMC minutes added more fuel to the move. 

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FX Daily, June 15: Dollar Trades Higher in Wake of the FOMC

2017-06-15

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2017-06-15

The US dollar gains scored yesterday in response to what appeared to be a more hawkish FOMC than expected have been extended today. The euro and the Swiss franc have recorded new lows for the month.

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FX Daily, May 18: Some Respite from US Politics as Sterling Surges Through $1.30

2017-05-18

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2017-05-18

Yesterday's dramatic response to the political maelstrom in Washington is over. The appointment of a special counsel to head up the FBI's investigation into Russia's attempt to influence the US election appears to have acted a circuit breaker of sorts. It is not sufficient to boost confidence that the Trump Administrations economic program is back the front burners, but it is sufficient to stem the time for the moment.

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FX Daily, March 16: Greenback Consolidates Losses as Yields Stabilize

2017-03-16

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2017-03-16

The US dollar remained under pressure in Asia following the disappointment that the FOMC did not signal a more aggressive stance, even though its delivered the nearly universally expected 25 bp rate hike. News that the populist-nationalist Freedom Party did worse than expected in the Dutch elections also helped underpin the euro, which rose to nearly $1.0750 from a low close to $1.06 yesterday.

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FX Daily, February 16: Corrective Forces Emerge, Tempering the Dollar’s Rally

2017-02-16

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2017-02-16

FX Performance, February 16 2017 Movers and Shakers
The Dollar Index had moved higher for ten consecutive sessions before reversing yesterday's gains to close lower. Yesterday and today's losses have seen the Dollar Index retrace 38.2% of the advance since February 2. That retracement objective was near 100.80. The 50% retracement is found near 100.50 and the 61.8% retracement by 100.20.

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FX Daily, December 15: Greenback Extends Gains on Back of Fed

2016-12-15

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2016-12-15

FX Performance, December 15 2016 Movers and Shakers
Sterling has made steady gains against the CHF over the past month and although the spike has levelled this week, the Pound has certainly gained a foothold. Yesterday’s decision by the US Federal Reserve to raise their base rate from 0.25% to 0.5% did little to shift the value of GBP/CHF but with investors still digesting the outcome, we may yet find it still has an effect.

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FX Daily, November 17: Consolidation Gives Dollar Heavier Tone

2016-11-17

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2016-11-17

FX Performance, November 17 2016 Movers and Shakers
The US dollar is trading with a heavier bias today as its recent run is consolidated. The euro is trying to snap the eight-day slide that brought it to nearly $1.0665 yesterday, the lows for the year. It is almost as if participant saw the proximity of last year's lows ($1.0460-$1.0525) and decided to pause, perhaps to wait for additional developments, such a Fed Chief's Yellen's testimony before the Joint Economic Committee of Congress.

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