Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Commodities  >  Gold       XAUUSD

GOLD
My previous session
Most popular
SummaryQuotesChartsNewsAnalysis 
News SummaryAll newsTweets

US Dollar Looks to ADP, ISM for Clues Ahead of September NFPs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/05/2016 | 04:40pm CEST
DailyFX.com -

Talking Points:

- Difference in weightings in DXY and USDOLLAR underlie differences in performance; stability in EUR/USD since early-2015 main factor.

- USD/JPY breaking out from downtrend dating back to December 2015.

- See the DailyFX economic calendar for the week of October 2 to October 7.

There are several pieces of US economic data on the docket today that will, collectively, have a material impact on expectations for Friday's September US Nonfarm Payrolls report release. While not leading indicators - contemporaneous, if anything - the US ADP Employment report and the US ISM Services/Non-Manufacturing report's Employment subindex will offer significant clues for what to expect on Friday.

See the video (above) for technical considerations in EUR/USD, GBP/USD, USD/JPY, EUR/JPY, GBP/JPY, EUR/GBP, and the USDOLLAR Index.

Read more: GBP/USD at Fresh Lows Post-Brexit Vote as Reality Crashes Down

--- Written by Christopher Vecchio, Currency Strategist

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form


original source
Stocks mentioned in the article
ChangeLast1st jan.
BRITISH POUND / JAPANESE YEN (GBP/JPY) -1.44% 147.13 Delayed Quote.-1.91%
BRITISH POUND / US DOLLAR (GBP/USD) -1.53% 1.3067 Delayed Quote.-1.69%
EURO / BRITISH POUND (EUR/GBP) 1.31% 0.899 Delayed Quote.-0.11%
EURO / JAPANESE YEN (EUR/JPY) -0.16% 132.27 Delayed Quote.-2.06%
EURO / US DOLLAR (EUR/USD) -0.24% 1.17474 Delayed Quote.-1.84%
GOLD -0.62% 1199.66 Delayed Quote.-7.32%
US DOLLAR / JAPANESE YEN (USD/JPY) 0.07% 112.567 Delayed Quote.-0.16%

© FXCM 2016
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOLD
09/21JOHN PAULSON : Paulson launches alliance to seek better returns in gold sector
RE
09/19Metals Prices Advance as Dollar Ticks Lower
DJ
09/19Eldorado Gold seeks $877 million compensation from Greece for permit delays
RE
09/18GOLD : Eldorado Gold seeks $877 million compensation from Greece for permit dela..
RE
09/14Metals Fall on Latest Tariff Talk, Economic Data
DJ
09/12BARRICK GOLD : to eliminate innovation role under decentralization
RE
09/12Weaker Dollar Lifts Gold Prices
DJ
09/12Canadian miner New Gold explores sale, sources say
RE
09/12Metals Prices Rally, Shrugging Off Trade Fears
DJ
09/10METALS : Gold Prices Rise on Weaker Dollar
DJ
More news