USD/JPY refreshes daily low on weaker US ADP report, focus remains on FOMC
USD/JPY turns lower for the second straight day and is pressured by a combination of factors. Bets for smaller Fed rate hikes, sliding US bond yields, weaker US ADP report weigh on the USD. The cautious market mood benefits the safe-haven JPY and contributes to the modest downall. The downside seems cushioned as the focus […]
What CEOs Are Saying: ‘The Consumer Is Under Pressure’: WSJ
Here’s what leaders from Nasdaq, Microsoft, Tesla and elsewhere said about the economy, inflation and other topics this week. Source link
Workers Lose Ground to Inflation Despite Big Wage Gains
EconomyRecent data suggest a shift is under way, with paycheck totals gaining as inflation recedes Source link
US Dollar Soars as Rosy ADP Report Shapes High Expectations for NFPs Next
US Dollar, DXY, S&P 500, Treasury Yields, ADP Data – Asia Pacific Market Open US Dollar and Treasury yields soar, S&P 500 sinks on ADP report The rosy data sets a high expectation for Friday’s non-farm payrolls The DXY Dollar Index is increasingly showing signs of reversing Recommended by Daniel Dubrovsky Get Your Free USD […]
How Useful Is ADP For Trading The NFP? |
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