5th July 2013
D -Day has arrived as the market once again is poised for the release of the Nonfarm Payrolls number. This number is the most important economic data release for the entire month and dictates many analysts, fund managers and investors sentiment for the next 18 working days. The dollar index will be interesting to watch over this figure. Poor rhetoric from the BOE yesterday combined with an unconvincing statement from Draghi (Euro accounts for 57.6% of the dollar index) caused a healthy spike in the $ index yesterday. A positive number in the 190k region (165k is the survey) could see the dollar drive higher nearing the full retracement level from the sell off on the 29th May. The thought of a poor figure today does not bear thinking and with relatively positive ADP figure on Wednesday the outlook for NFP today will hopefully be as equally encouraging. Key resistance at just above the 84.00 level could be in sights with downside potential and first support at 83.80 which if broken could hit second support at 83.60.
因非农就业数据即将公布,市场再次蓄势待发。非农数据是整个月最重要的经济数据,决定许多分析师、基金经理和投资者在接下来的18个工作日的信心。英国央行昨天悲观的言论以及德拉吉不具说服力的声明(欧元占美元指数的57.6%)使美元指数昨天上涨。在5月29日市场抛售美元指数以来,美元指数几乎完全被撤出,但美元指数昨天上涨至190k(预期值为164k)。市场预期今天的数据不会很差,周三相对乐观的数据也支撑非农数据积极的前景。关键阻力位仅高于84.00价位,美元指数有可能下跌,第一支撑位为83.80,如果突破这一价位,它可能触及第二支撑位83.60。