U.S. government data releases hold significant sway over the global over-the-counter forex market, as the U.S. dollar accounts for nearly 88% of all international forex transactions. While most ...
The EUR/USD weekly forecast remains subdued under 1.1700, extending the retreat from the September peak of 1.1920.
The GBP/USD forecast has turned bearish after the price significantly declined last week, reaching 7-week lows near 1.3320.
The US economic calendar is stacked with many events throughout the month but none is more anticipated that the release of Non-Farm Payroll figures. Non-Farm Payrolls also known as NFP, is reported ...
The greenback has soared to a five-week high as investors gird themselves for the release of the U.S. nonfarm payrolls (NFP) report today. Global currency direction for the second quarter relies ...
Expect a relatively quiet forex session with London offline on Monday as global investors digest a mixed bag of news ranging from weak Chinese manufacturing data to unsettling signs of an escalating ...
Overall, the market traded in a small range throughout the Asian and the European sessions, as in the last few days of trade, primarily due today to a lack of market participants who are waiting for ...
How Does NFP Affect Forex? NFP (Non-Farm Payrolls) is data released by the Bureau of Labor Statistics every year. For the Federal Reserve Bank, employment is a huge factor to consider. For example, ...
With the shutdown in the US still ongoing, and despite debate as to whether tomorrow’s non farm payroll data will be released, nevertheless I thought it would be useful to take a look at the daily ...
Reports on the U.S. labor statistics continue to portray an economy in a recovery mode. Since expectations for job growth were a smallish 85K, the 146K was a friendly number. The unemployment number, ...
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