Focus on US jobs data
- Market focus on US Non-farm payroll data for clues on the outlook for Fed policy. Asia: - Indian Central Bank (RBI) left the Repurchase Rate unchang
Source: fxstreet.com
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America's Roundup: Dollar slips after disappointing U.S. jobs data, wall street ends higher Gold gains, Oil prices set for weekly gain despite India virus surge-May 8th,2021
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
Source: econotimes.com
EUR/USD pops above 1.2100 as Payrolls disappoint big time
5/7/2021 12:39:00 PM GMT | By Pablo Piovano EUR/USD accelerates the upside past the 1.2100 mark. US Non-farm Payrolls rose by a meagre 266K jobs in April. The unemployment rate ticked higher to 6.1%. The buying interest around the single currency remains well and sound at the end of the week and pushes EUR/USD back above the 1.2100 hurdle in the wake of US NFP. EUR/USD now targets 1.2150 EUR/USD keeps the positive stance on Friday after the US economy created 266K jobs during April, coming in (very) short of expectations of nearly 980K jobs. The March...
Source: fxstreet.com
USD/JPY Weekly Forecast: The US economy provides proof
4/2/2021 4:36:53 PM GMT USD/JPY gains 1% on the week, 3.9% on the month, 7.2% on the year. Excellent US March payrolls help to stabilize USD/JPY near highs. Limited Good Friday liquidity inhibits currency market payroll response. Treasury rates mark time,10-year yield moves back above 1.7%. FXStreet Forecast Poll is neutral short-term, bearish medium and long-term. The US yield engine continued to power the USD/JPY as the differential between Treasuries and Japanese Government Bonds almost guarantees flows into the American currency An excellent March US payroll report helped keep the USD/JPY...
Source: fxstreet.com
America's Roundup: Dollar rises as U.S. jobs growth beats expectations, Wall Street rises, Gold holds near 9-month low, Oil surges after OPEC+ extends cuts, strong U.S. jobs growth-March 6th,2021
©Elmin Media . All Rights Reserved. America’s Roundup: Dollar rises as U.S. jobs growth beats expectations, Wall Street rises, Gold holds near 9-month low, Oil surges after OPEC+ extends cuts, strong U.S. jobs growth-March 6th,2021 Friday, March 5, 2021 7:21 PM UTC Market Roundup • US Feb Average Hourly Earnings (MoM) 0.2%, 0.2% forecast , 0.2% previous • US Feb Average Weekly Hours 34.6, 34.9 forecast,35.0 previous • US Exports 191.90B,184.20B previous • US Imports 260.20B,252.30B previous • US Feb Manufacturin...
Source: econotimes.com