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Tag: unemployment

Gold Price Retreats as Tensions Ease Following Israel Attack

XAU/USD is bullish despite temporary drops. A new lower low activates a corrective phase. Escaping from the up channel pattern announced exhausted buyers. The gold price...

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GBP/USD Price Rebounds as UK Inflation Remains Hot

The bearish pressure remains high as long as it stays below the median line. A new higher high activates a larger rebound. The price action...

GBP/USD keeps pushing against 1.2430 support weighed by weak UK employment data

The Pound drops on weak UK employment data, to retest support area at 1.2430. UK Unemployment rate increased to 4.2% in the three months to...

Australian Dollar maintains mild gains amid a steady US Dollar, Retail Sales eyed

Australian Dollar gains ground amid escalated geopolitical tensions in the Middle East. Australian currency could face challenges following the lower ASX 200 Index. US Dollar receives...

ChatGPT forecasts the future better when telling tales

AI models become better at foretelling the future when asked to frame the prediction as a story about the past, boffins at Baylor University...

Newsquawk Week Ahead: US and UK retail sales, UK, NZ, Canada and Japan inflation | Forexlive

Mon: PBoC MLF, Swiss PPI (Mar), EZ Industrial Production (Feb), US Retail Sales (Mar), South Korea Import/Export Price Growth (Mar)Tue: Chinese GDP (Q1)/Industrial Production...

USDCAD Technical Analysis – We got a breakout! | Forexlive

USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed three...

USD/CAD Outlook: Bullish as BoC-Fed Divergence Widens

Headline US inflation rose 0.4% monthly and 3.5% on an annual basis. Investors now expect the first Fed cut in September. Governor Tiff Macklem said that...

Gold Price Tumbles After US Inflation, Focus on US PPI

The downside pressure is high after escaping from the flag pattern. The pivot point is seen as a potential target. The ECB Press Conference and the...

USDJPY Technical Analysis | Forexlive

USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed three...

USD/CHF Price Recovers Above 0.90, Focus on US CPI

The USD/CHF pair seems overbought after failing to hit the upper median line. The fundamentals could change the sentiment on Wednesday. Failing to take out the...

EUR/USD Outlook: Dollar Holds Firm Ahead of Inflation Numbers

The dollar rose on Friday due to a positive employment report. The US reported an additional 303K jobs in March and a drop in the...

EUR/USD Weekly Forecast: Upbeat NFP Pours Water on Fed’s Cut

US manufacturing activity improved while services activity declined. The US jobs report showed a bigger-than-expected increase in employment in March. Traders scaled back expectations for the...

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