Home     Forum     401k     401k Rollovers
    Register   Login   Members   Search   FAQs     Recent Posts    

313,000 new jobs were added outside the agricultural sector

Reply to topic
Money Talk > Personal Finance

Author Thread
New Member

Cash: $ 2.75

Posts: 9
Joined: 12 Feb 2018
Location: Nicaragua
313,000 new jobs were added outside the agricultural sector  Reply with quote  

313,000 new jobs were added outside the agricultural sector in the US in February against a forecast of 205,000. The figure for December was revised upwards from 160,000 to 175,000, and for January from 200,000 to 239,000. This brings the aggregate revision to +54,000. The unemployment level remained at 4.1% (forecast: 4.1%). Average earnings rose by 0.1%, missing its target of 0.2%.

The report shows reasonably high economic growth in the US. In reaction to this, the euro initially dropped to 1.2273 before recovering to 1.2334. By the time trading closed, the dollar had erased all its gains as traders paid close attention to the sluggish wage growth, which is an important factor for the Federal Reserve when deciding on interest rates.

The euro received an additional boost from reports that North Korean leader Kim Jong Un is willing to hold talks with US President Donald Trump. This created an appetite for risk.

The exchange rate recovered to the 45th degree from the 1.2273 low. This created an intraday reversal model.

Since today is Monday and the economic calendar is virtually empty, I think that after a small downwards correction, the pair will continue to the 67th degree at 1.2356. It’s worth noting that the major euro crosses, except for the EURJPY and EURAUD, are trading up and providing support to the euro bulls. All this means that if the dollar continues to drop across the board, the euro could reach 1.2356 against it by the time trading gets underway in London. From here, I expect a downwards correction to 1.2318. Trading will look mostly flat today.
Post Tue Mar 13, 2018 1:46 am
 View user's profile Send private message
First Time Poster

Cash: $ 0.20

Posts: 1
Joined: 26 Apr 2018

Student instructions  Reply with quote  

A bit technical and it also lacks vibtancy. To solve both issues, the writer should look into the work of best essay au. All the best.[/url]
Post Thu Apr 26, 2018 10:11 am
 View user's profile Send private message
Senior Member

Cash: $ 751.65

Posts: 3655
Joined: 21 May 2006
Location: arizona
 Reply with quote  

technical and it also lacks vibtancy

Ummm - maybe his goal was to communicate solid technical data (which he did) and not fool with the prose, poetry, vibtancy ?
Post Thu Apr 26, 2018 11:16 am
 View user's profile Send private message
Full Member

Cash: $ 12.80

Posts: 63
Joined: 14 Mar 2018

 Reply with quote  

It’s very excellent information and more real facts to provided that post.Thank you for sharing this information. Certsout Infosys
Post Mon Feb 03, 2020 5:51 am
 View user's profile Send private message Visit poster's website

Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      

Money Talk © 2003-2018