When is the Australian employment report and how could it affect AUD/USD?
December month employment statistics from the Australian Bureau of Statistics, up for publishing at 00:30 GMT on Thursday, will be the immediate catalyst for the AUD/USD pair traders. Market consensus suggests that the headline Unemployment Rate may remain unchanged at 3.4% on a seasonally adjusted basis whereas Employment Change could ease to 22.5K versus the […]
Crypto Market Cap Fell by 64.1% to $829 Billion in 2022: Report
With bearish trends in Bitcoin (BTC), Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs), the market capitalization of the global cryptocurrency market slumped by 64.1% to $829 billion at the end of 2022, down from $2.3 trillion at the start of the year. In a similar fashion, spot trading volume on the top 10 crypto exchanges […]
The Monthly CPI Report is Around the Corner – What to Look For
Has inflation really peaked, and should we be bracing for stagflation? Another monthly CPI (Consumer Price Index) report from the Bureau of Labor Statistics published today, but is there more to the report than just the headline number? We break down some components of CPI and how they relate to the futures markets. How to […]
ForexLive Asia-Pacific FX news wrap: USD/JPY dumps on BOJ review report
The Bank of Japan policy meeting is next week, on January 17 and 18. Yomiuri (Japan media) reported today that in this meeting the Bank will review the side effects of its monetary easing and may take additional steps to correct distortions in the yield curve. You’ll recall that at the meeting in December the […]
Gold Prices (XAU/USD) Battered by USD Strength Ahead of NFP Report
Gold (XAU/USD), USD Talking Points Ahead of NFP’s Recommended by Tammy Da Costa Get Your Free Gold Forecast Gold Prices Surrender to Dollar Strength Ahead of NFP Report – Hawkish Fed Weighs on XAU/USD Gold prices have pulled back from their recent high as rate expectations and recession risks continue to drive sentiment. With the […]
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 […]
Dollar tumbles after U.S. jobs report, service sector contraction By Reuters
© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won By Karen Brettell NEW YORK (Reuters) – The dollar fell on Friday after U.S. jobs data showed a strong, but not blockbuster employment picture in December, while a separate report showed that […]
TRANSITION: The weekend forex technical report (and more) for the week of Jan 9, 2023
There are a lot of transitions that are going on from a fundamental and technical perspective.. In this weekend video, Greg Michalowski of Forexlive, talks about the transitions that are occurring in the economy, politics and in the markets in his weekend Forex technical report. Set yourself up to understand the dynamics in play and […]
How to Trade the Non-farm Payroll Report for Potential Forex Gains
Tyson and Chris are the creators of the groundbreaking Equities on Demand training program, which seeks to help you master your equities and options trading game. For more information, watch our Equities on Demand video here. The markets move in tandem with the economy. Any positive or negative reporting in key economic numbers or an […]
Dollar higher; U.S. jobs report to show healthy labor market By Investing.com
By Peter Nurse Investing.com – The U.S. dollar rose in early European trade Friday, trading near a one-month high after healthy employment data pointed to a strong labor market ahead of the widely-watched official jobs report. At 02:55 ET (07:55 GMT), the , which tracks the greenback against a basket of six other currencies, rose […]