In the bigger picture, the view $/yen remains unchanged as trade from the March 17th low at 96.15 is seen as a correction (wave 4 in the fall from the Dec high at 114.65) and suggests an eventual resumption of

Trading the News: US Change in Non-Farm Payrolls What's Expected Time of release: 04/04/2008 12:30 GMT, 08:30 EST Primary Pair Impact : EURUSD Expected: -40K Previous: -63K How To Trade This Event Risk The past few NFP's haven't been particularly

CEP News) - Fixed income is staging a modest rally following a two-day selloff as market participants cover short positions ahead of employment reports in Canada and the U.S. on Friday.

We maintain our stance that a multi-year top is in place at 1.0823. A series of 1st and 2nd waves has unfolded since the November high (1.0823). Under the most bearish count, price will remain below .9630 and accelerate lower.

Now more than ever, the change in non-farm payrolls for the month of March will determine the outlook for the US dollar and US monetary policy. All but one of our leading indicators for non-farm payrolls point to another month

CEP News) - Speaking to reporters in Lubjana, Slovenia, Belgium's finance minister Didier Reynders said he is concerned about the state of the U.S. economy.

CEP News) Toronto - Ontario's economic development and trade minister fired another shot across the bow of Canadian Finance Minister Jim Flaherty on Thursday, declaring that her province does more than its fair share to pump up the nation's economy

CEP News) Washington - The Federal Reserve deserves praise for its response to the liquidity problems at Bear Stearns, which was necessary and appropriate to maintain stability in the U.S. financial system, a Treasury official said Thursday.

CEP News) в " The European Commission's forecasts for euro zone growth will be lower, according to Luxembourg's finance minister Jean-Claude Juncker, however not by as much as the IMF forecasted in a report released earlier this week.

CEP News) Washington - Fears that the bankruptcy of Bear Stearns would cause widespread uncertainty about the financial conditions of other global investment banks and further deepen the credit crunch prompted Federal Reserve officials to engineer the company's rescue plan,

CEP News) Washington - The Federal Reserve conducted a second auction under its Term Security Lending Facility (TSLF) Thursday, auctioning $25 billion in short-term securities, though interest in the auction exceeded the offering with almost $47 billion in submissions.

CEP News) Ottawa - Economists are divided in their opinions about the strength of the Canadian employment market in March after the labour force survey dished up two months of spectacular growth to begin the year.

The greenback slumped against the majors on the heels of softer US economic data, ahead of Friday's key jobs report. Weekly jobless claims crept above the 400k-level to 407k, jumping from 366k a week earlier. Although the services ISM figure

CEP News) Washington в " Expectations are all over the map for the U.S. nonfarm payrolls report to be released Friday morning by the Bureau of Labor Statistics. The consensus is looking for a loss of 50,000 jobs, but of

CEP News) в " The Canadian dollar is up more than 1% against the euro, yen and U.S. dollar as financial markets continue to stabilize. Market watchers say flows and technical stops have combined to give the currency an unexpected

CEP News) в " It was another busy day for markets, which received higher-than-expected weekly jobless claims figures, an improved but still contractionary ISM non-manufacturing report and plenty of testimony from officials about the Fedв ™s involvement in the JPMorgan-Bear

CEP News) - Markets will receive Canadian and U.S. employment data Friday. The forecast is for U.S. nonfarm payrolls to report a loss of 50,000 jobs in March and the unemployment rate to rise to 5.0% following a 4.8% reading