Archives for February 2011

Forex Signal (Wed February 2 2011, 8:15am NY Time EST) – US ADP NFP Changes – Today, 04:50 AM

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll). This is high impact release and it’s followed by currency traders as they look for hints on Friday’s NFP official release. Here’s the forecast: 8:15am NY Time US ADP NFP Change Forecast 150K Previous 297K ACTION: 200K BUY USDJPY / 100K BUY EURUSD The Trade … [Read more...]