Investors are favoring the euro and British pound today, Friday, as they await the US employment report that may indicate steady hiring ahead of a potential downturn. The report, however, might not offer clear guidance on future Federal Reserve policy due to overlooked household financial conditions and strikes. Economists predict an increase of 173,000 jobs
Share: USD/JPY ascends to 149.50, rebounding from lows, driven by a US jobs report that eclipsed market expectations. Despite a surge, USD/JPY retraces slightly, settling around 149.20, with US 10-year note yielding at a sturdy 4.780%. Japanese officials express concerns over Yen volatility, while a rise in the 10-year JGB coupon hints at
SEPTEMBER LABOR MARKET REPORT September U.S. nonfarm payrolls increased by 336,00 versus 170,000 expected. The unemployment rate held steady at 3.8%, one-tenth of a percent above estimates. Average hourly earnings clocked in 0.2% m-o-m and 4.2% y-o-y, slightly below forecasts Most Read: Seasonality and Historical Q4 Performance of U.S Equities: S&P 500 and Nasdaq 100
Whether you like the price action or not, the technicals in the EURUSD told the story for the price action. Initially, the price moved sharply lower after the stronger-than-expected nonfarm payroll add. That move took the price to a key support level at 1.0483. I’ve outlined that level as a key downside target to get
USD/CAD PRICE, CHARTS AND ANALYSIS: Read More: The Bank of Canada: A Trader’s Guide USDCAD had finally broken above the October 2022 descending trendline this week but has since run into some resistance just shy of the 1.3800 mark. This could just be a short-term retracement before a bullish continuation. Get your hands on the
News Filter EA sends a PUSH notification to the MT4 APP on your phone and turns OFF MT4 Automatically before the news. Since version 1.05 you only need to authorize this url in the MT4 options: https: To authorize this url in MT4 you must go to Tools, Options, Expert Advisors, Allow Web Request, add
© Reuters. The South African Reserve Bank (SARB) governor Lesetja Kganyago attends the SARB Biennial Conference in the Cape Town International Convention Centre, in Cape Town, South Africa, August 31, 2023. REUTERS/Esa Alexander/File photo By Kopano Gumbi JOHANNESBURG (Reuters) -South Africa’s central bank Governor Lesetja Kganyago said on Thursday that the bank would not step
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 –
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Rand prices strengthened in early trade but cautiously await the NFP report as a gauge to what the Fed may do regarding their interest rate cycle. لینک منبع : هوشمند نیوز
