Tag: Nonfarm Payrolls

GBP/USD Outlook: Fed Remains Committed to Fight Inflation

ForexJanuary 5, 2023

Investors’ desire for riskier assets increased due to China’s reopening. Fed policymakers agreed to reduce the speed of its brisk interest rate...

AUD/USD Forecast: China Relaxes Import Regulations for Aus Coal

ForexJanuary 5, 2023

China relaxed its import regulations for Australian coal. The Fed’s December policy meeting minutes revealed that officials were committed to reducing inflation. US...

The Week Ahead – US jobs data to kick off volatility

ForexDecember 30, 2022

EURUSD awaits new catalyst The euro finds support from an assertive ECB. For the most traded currency...

EUR/USD tumbles below 1.0500 on risk-off mood, despite upbeat Factory Orders in Germany

ForexDecember 6, 2022

Trade Balance in the United States shows the deficit widening, a headwind for the US Dollar. Factory Orders in Germany kept the Euro...

Gold Price Forecast: XAU/USD tumbles from 5-month high, below $1800

ForexDecember 5, 2022

Robust United States Nonfarm Payrolls data to keep the Federal Reserve tightening policy. US Treasury bond yields remain elevated, weighing on Gold prices....

Farfetch Limited Stock Forecast: After market dumps FTCH 35%, can the fashion marketplace be resurrected?

ForexDecember 4, 2022

Farfetch stock has gained 3.5% in Friday's premarket. This semi-rally comes one day after FTCH stock dropped 35%. On Thursday management disclosed a...

Jobs data may send stock prices lower, but the trend is still up

ForexDecember 4, 2022

Stock prices went sideways following their Wednesday’s rally. Was that a short-term topping pattern? The S&P 500 index lost 0.09% on Thursday, as it...

Scope for CAD underperformance to come to a tactical end – TDS

ForexDecember 4, 2022

The Canadian labour market added another 10K jobs in November to match the market consensus. Economists at TD Securities think there is scope for...

GBP/USD subject to further weakness following an upbeat US NFP report

ForexDecember 4, 2022

The Pound Sterling nosedived to 1.2133 once the headline crossed newswires. US November’s Nonfarm Payrolls crushed estimates, and wages rose. Traders focus on...