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. […]
Microsoft Shares Surge After Hours on Mixed Earnings – A Dow Recharge Tomorrow?
Microsoft (MSFT), Earnings, FAANG, Tech, Nasdaq 100 and Dow Talking Points: The Market Perspective: Nasdaq 100 Range from 11,600 to 10,600 While tech-giant Microsoft reported a better-than-expected $2.32 EPS, its revenues fell approximately $700 million short of consensus estimates Despite the mixed basic financial performance, MSFT shares rallied as much as 5.3 percent higher from […]
Consumer Confidence rises in January buy it may not translate into a spending surge – Wells Fargo
Data released on Friday showed a significant increase in Consumer Confidence in January according to the preliminary report from the University of Michigan. Analysts at Wells Fargo point out the 64.6 reading for consumer sentiment in January marks the top print in the past year. The see that the relief on the inflation front and […]
Euro Continues to Surge as the US Dollar Wilts Post US CPI. Higher EUR/USD?
The Euro rally has been maintained today after the US Dollar was pummelled on bets that the Federal Reserve may not need to be so hawkish. Will the trend continue for EUR/USD? Euro, EUR/USD, US Dollar, US CPI, Fed, AUD, NOK, Crude Oil – Talking Points Euro support gains traction after US Dollar descent from […]