Tag Archive: U.S. Initial Jobless Claims

Fundamentals,FX,Gold and CHF:Week November 18 to November 22

Fundamentals with highest importance: The HSBC Flash Purchasing Manager Index (PMI) for China weakened from 50.8 to 50.4. In particular, new export orders, output prices and employment started to decrease again, while output increased. The preliminary Markit manufacturing PMI for the United States edged up to 54.3 (vs. 52.3 expected), a 9-month high after the …

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Fundamentals,FX,Gold and CHF: Week October 28 to November 3

This week had a focus on – due to the government shut-down – the long awaited U.S. data: Highest importance: The ISM Manufacturing Purchasing Manager Index (PMI) for October came in at 56.4, higher than the 55 expected. The value for new orders and for production remained above 60 despite the government shutdown. The value …

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Fast CHF and Gold Price Movements

Our CHF and Gold News Bar on our home page explains daily CHF and gold price movements based on the most important fundamental indicators in a few sentences. Keep in mind that the only Swiss fundamental data that is able to move the CHF must come from the SNB and from Swiss inflation data – … Continue reading »

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Fundamentals, FX, Gold and CHF: Week October 21 to 25

Major Fundamental Events The week contained a lot of important fundamental events, in particular Non-Farm Payrolls and preliminary “flash” PMI readings.   Highest importance for FX rates Non-Farm Payrolls (NFPs) weakened to 148K, private NFPs to 126K, both against 180K expected. Especially the private NFPs were disappointing. The decrease in the unemployment rate from 7.3% …

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Fundamentals, Gold and FX Movements, Week October 7 to Oct. 12

Our weekly summary of fundamental news on FX that aims to explains price movements, with particular emphasis on the possibly biggest mysteries: the gold price (GLD) and the Swiss franc (FXF) .   Weekly Overview Hopes on a compromise between Obama and republicans on the U.S. debt ceiling and high U.S. initial unemployment claims  sustained …

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Net Speculative Positions, Week November 19

  Submitted by Mark Chandler, from marctomarkets.com   The US Dollar Index bottomed on September 14, the day after QE3+ was announced.  It reached a 2-month high before the weekend.  It has now retraced half of the ground lost from ECB President Draghi’s pledge to “to do whatever it takes” through hints, and then delivery, of …

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Net Speculative Positions and Outlook, week of August 13

Currency Positioning and Outlook, week of August 13 Submitted by Marc Chandler from MarctoMarkets.com   Market positioning in the week ending August 10 suggests that speculators in the futures market generally agree with our assessment that ECB President Draghi’s recent proposal was not a game changer.  The recent pattern continued.  Essentially what this entails is buying …

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