Pressure is mounting on the Fed to hike rates once again – Commerzbank

Share: The US labor market held up surprisingly well in September. Pressure for another rate hike is rising, economists at Commerzbank report. Data for the previous months were revised significantly upward In September, job growth in the US amounted to 336K, which was significantly more than expected. The continued strong employment growth –

JF Engulfing MT5 Indicator – ForexMT4Indicators.com

In the world of Forex trading, staying ahead of the curve is crucial for success. Traders are constantly seeking tools and strategies to gain an edge in the highly competitive market. One such tool that has garnered significant attention is the JF Engulfing MT5 Indicator. In this article, we will delve into the details of

NFP to Revive EURUSD Downtrend?

Euro Analysis (EUR/USD, EUR/JPY) EUR/USD Driven by Countertrend Move is Yields, USD In an unsurprising fashion markets have cooled off in anticipation of today’s NFP print which was always going to be the standout event this week. Lackluster EU PMI data at the start of the week sent the euro lower against most of its

Dollar edges higher ahead of key U.S. payrolls release By Investing.com

© Reuters Investing.com – The U.S. dollar traded higher Friday, on course for another positive week, ahead of the release of the monthly U.S. nonfarm payrolls which could influence Federal Reserve thinking. At 03:40 ET (07:40 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher at

USD/CAD is not overvalued at current levels – ING

Share: Canadian jobs figures may tilt market pricing towards another BoC rate hike, but watch for data volatility, economists at ING report. Key jobs figures to steer rate expectations As it often happens, Canadian jobs figures will be released at the same time as the US ones, and the USD/CAD reaction will depend

NFPs to Send USD/JPY Lower or Will the BoJ Need to Intervene?

Japanese Yen (USD/JPY) Prices, Charts, and Analysis USD/JPY remain close to 150.00 despite BoJ warnings. US Jobs Report may help or hinder the Japanese central bank. Download our Brand New Q4 Japanese Yen Forecast for Free Recommended by Nick Cawley Get Your Free JPY Forecast The US Jobs Report (NFP) is a closely watched monthly

Market Update – October 6- Wait and see: NFP ahead

It has been a quiet day in the markets with subdued volumes and small changes: in America US30 ticked down 0.03% while both US500 & US100 lost around 0.1% and volumes have been 15% lower than the 30-day average. But European indices and other asset calls such as metals also showed a lot of indecision,