Breaking News – US NFPs Surge to 517k vs 185k Expectations, Unemployment Rate Falls to 3.4%
US Dollar (DXY) Price and Chart Analysis Recommended by Nick Cawley Trading Forex News: The Strategy Most Read: US Dollar (DXY) Latest: The Fed’s Dovish Nudge Sends the US Dollar Tumbling Total nonfarm payroll employment increased by 517k in January, and the unemployment rate fell to 3.4% according to the US Bureau of Labor Statistics. […]
Kiwi drops post-testing strength of the consolidation breakdown
NZD/USD has dropped firmly after sensing deep selling interest while testing the consolidation breakdown. Investors’ risk-taking capacity is dropping ahead of the interest rate decision by the Fed. The 20-EMA has acted as a major barricade for the New Zealand Dollar. The NZD/USD pair has resumed its downside journey after a pullback move to near […]
US Breaking News: Q4 GDP Surges to 2.9% on the Quarter, USD Dips
GDP continues to show the US economy’s resilience despite warnings of a growth slowdown. Even the employment data showed positive signs in an already tight market Source link
EUR/USD tops 1.0900 for first time since last April
EUR/USD buyers are on a roll at the start of the week. Hawkish ECB commentary boosts the Euro bulls, US Dollar falls. Holiday-thinned light trading could exaggerate the moves. The Euro is keeping the upper hand against the US Dollar at the start of the week on Monday, as EUR/USD is rising above the 1.0900 […]
CPI Breaking News: US Headline CPI 6.5%, Core at 5.7%
US Inflation Meets Expectations on Both Measures US headline CPI (Dec) 6.5% vs prior 7.1% US core CPI (Dec) 5.7% vs 6% prior Market expectations for a 25 bps hike next month surge from 77% to 95%. S&P shoots higher, USD dips. Recommended by Richard Snow Get Your Free Equities Forecast Customize and filter live […]
US annual CPI inflation drops to 6.5% % in December as expected
The US Bureau of Labor Statistics reported on Thursday that inflation in the US, as measured by the Consumer Price Index (CPI), declined to 6.5% on a yearly basis in December from 7.1% in November. This reading came in line with the market expectation. On a monthly basis, the CPI declined by 0.1% following November’s […]
Japanese Yen Gains as Breaking Story Hints at Further Bank of Japan Policy Tweak
Japanese Yen, USD/JPY, Bank of Japan, US CPI – Asia Pacific Market Open Japanese Yen gains as breaking story hints at further BOJ policy tweak Follow-through may be difficult to achieve until after US CPI data passes USD/JPY falls, but key support zone remain, pausing the downtrend Recommended by Daniel Dubrovsky Get Your Free JPY […]