Sage Investment Club

Pound is set back by US jobs report. Forecast as of 09.02.2023

2023.02.09 2023.02.09 Pound is set back by US jobs report. Forecast as of 09.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Although the GBPUSD crash was triggered by the Bank of England, the pair continued falling amid the US strong jobs report. Will the pound resume rising after such shocks? Let us discuss the Forex outlook and make up a […]

ION Reboards Clients after Ransomware Attack: Report

ION, the electronic trading solutions provider recently hit by a ransomware attack, overnight started readmitting its clients to its cleared derivatives platform, a source told Reuters on Tuesday. The revelation comes one week after ION admitted that the platform was targeted. The firm described the attack as “a cybersecurity Cybersecurity Cybersecurity is a blanket term […]

Fed's Powell: We didn't expect the jobs report to be this time

<ul><li>Labor market is extraordinarily strong</li><li>Sometimes just I get data the night before it's released, but just me</li><li>Message from last week's FOMC is that disinflationary process has begun but has a long way to go</li><li>Repeats that ongoing rate increases will be appropriate, still have not reacted sufficiently restrictive level</li><li>Vote on monetary policy takes place around noon […]

Japanese yen slides as report pegs Amamiya as BOJ governor By Investing.com

© Reuters. By Ambar Warrick  Investing.com– The Japanese yen fell to an over three-week low against the dollar on Monday after a report said that Bank of Japan Deputy Governor Masayoshi Amamiya, who is a proponent of ultra-loose monetary policy- will take over as the bank’s governor. The that government sources said Amamiya was in consideration […]

Dollar jumps after “monster” job report By Reuters

© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Karen Brettell NEW YORK (Reuters) – The dollar jumped on Friday after data showed that U.S. employers added significantly more jobs in January than economists expected, potentially giving the Federal Reserve more leeway to keep […]

The strong US jobs report sent the US dollar sharply higher. What next?

> The strong US jobs report sent the US dollar sharply higher. What next? A technical look at the EURUSD, USDJPY, GBPUSD and USDCHF in the morning forex technical report ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW Source link

XAU/USD plummets below $1890 after stunning US NFP report

Gold plunges after a solid January US NFP report. The US economy added more than 500K jobs, and the unemployment rate fell to 3.4%. Gold Technical Analysis: To the upside eyeing $1890, and downwards $1850. Gold price tumbles sharply after the US Department of Labor revealed a staggering Nonfarm Payrolls report that added more jobs […]

Dollar Major Recovery Becomes a Real Risk After a Surprisingly Strong US Payrolls Report &vert;

[{“code”:”firstname_latin”,”message”:”Please use Latin characters only”},{“code”:”lastname_latin”,”message”:”Please use Latin characters only”},{“code”:”email_rfc822″,”message”:”Invalid email address”},{“code”:”phone_int5″,”message”:”Please use at least 9 digits and a ‘+’ sign only”},{“code”:”name_char1″,”message”:”Please insert your name”},{“code”:”message_char6″,”message”:”Please insert a message that is 6 – 200 characters long”},{“code”:”choose_lap”,”message”:”Please choose a lap”},{“code”:”firstname_latinint”,”message”:”Please use Latin characters only”},{“code”:”lastname_latinint”,”message”:”Please use Latin characters only”},{“code”:”nick_latinmax15″,”message”:”Please use up to 15 Latin characters and digits only”},{“code”:”accept_terms”,”message”:”Please accept […]

BoE Hikes by 50bps, GBP Pounded After Dovish MPC Report

POUND STERLING TALKING POINTS GBP on offer after BoE’s 50bps rate hike. Wording in MPC report less aggressive than prior releases. Pullback on GBP/USD on the cards. Recommended by Warren Venketas Get Your Free GBP Forecast GBP FUNDAMENTAL BACKDROP Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from […]