ForexLive North American wrap: Jobs galore

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  • Non-farm payrolls +146K vs +85K exp
  • Dec U Michigan consumer sentiment 74.5 vs 82.4 exp
  • Nov Canadian employment +56.3K vs +10K exp
  • 18 ECB members wanted rate cut yesterday – MNI
  • ECB didn’t cut because of worries about optics – BBG
  • NIESR estimates UK GDP rose 0.1% in three months through Nov
  • HSBC cut to AA- from AA by Fitch; Outlook stable
  • S&P warns it could cut Italy if recession persists
  • ECB may cut in the next few weeks: Pimco’s El-Erian
  • S&P 500 +0.2% to 1418
  • CAD leads, EUR lags

Author: Adam Button

Adam Button is the managing editor of ForexLive™. He was previously the chief currency strategist at XForex and has also worked with Intermarket Strategy. Adam believes there's an edge in knowing every tidbit of news. He was formerly the head of the markets team at the Canadian Economic Press and is a graduate of Ryerson University. Adam lives in Montreal, follow him on Twitter: @FX_Button.


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Adam Button


  1. what a crummy close… smack in the middle…

  2. And, AAPL lost 8.5% of its value this week, ending today under its “death cross”.


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