Sep-1-2006
Non-Farm Payroll release gives dollar a small boost
Upward revisions to July and August in government and education jobs may not be the best sign of economic growth and/or stability - but for now it helps bring in some stability.
What is the Fed Going To Do?
Knee Jerk Reactions as Needed!!
Fed Vice Chairman Kohn came out after the NFP report this morning and said that the FOMC would rather be nimble - preferring to acting too much too fast vs too little too slow. He went on to infer that the economy is in no way out of the woods and the credit markets and defaults are still lurking in the shadows. I interpret his comments as a possibility of the FOMC possibly making “unscheduled” rate changes.
Trick or Treat - Halloween Schedule for the US Markets
The next scheduled FOMC announcement is on October 31 coinciding with a GDP release earlier that morning. Providing the US markets with a true “Halloween” of tricks and treats and potential ghouls, ghosts, and goblins! It would be interesting to see Bernanke and Paulson come out in some costumes - Which would best fit them and the economic situation?
Live Webinar Coverage of Both Reports GDP and FOMC
Free Live Webinar Coverage where you will see live technical analysis and discussion of these events before and as they happen.
Tags: economic, economic situation, FOMC, Forex, Forex Channels, Forex strategy e-books, GDP, interesting, NFP report, rate changes, scheduled, technical analysis, technical analysis, US Markets