The dollar is rising in the early hours of the US morning, following better-than-expected job figures. It’s currently trying to break through versus the Euro. Following the release of job figures, the Canadian dollar has also strengthened. Sterling, on the other hand, has remained one of the weakest this week as the post-BoE selloff continues. […]
After another massive NFP miss, the dollar plummets in the US session. The Canadian Dollar, on the other hand, has risen sharply in response to strong job figures. In terms of the week, the Loonie is now in an excellent position to finish first. The Yen is still the poorest mover, but we’ll see if […]
Market players around the world will be looking for confirmation of the Fed’s tapering timeline in Friday’s NFP report. If the official figure comes in around the median projection of 488k, US officials will be able to start tapering their bond purchases. After all, Fed Chair Jerome Powell has declared that the inflation conditions for […]
After a massive NFP miss, the dollar jumps down in the early US session. However, at the time of writing, the selloff is only strong against commodities currencies. The dollar is attempting to recover versus European heavyweights and Sterling in particular. Traders may require a little extra time to make their decision. While a September […]
After stronger-than-expected NFP figures, the dollar surges in the early US session. More FOMC members would be willing to call for tapering in Q4 if job growth maintained its present pace in August. So far, the Euro, Swiss Franc, and Yen have been the most responsive to Dollar buying. The number of people employed in […]
The dollar is grappling with relatively positive NFP (non-farm payroll) gains, and it is sliding considerably during the US session. Stocks haven’t been very fired up, as DOW futures stays up only 0.2 percent at the time of writing. Nonetheless, the greenback is more likely to end the week as the top currency, trailed by […]
After a massive jobs data miss, the dollar plunges dramatically in the early US session. Without a doubt, the Dollar will finish the week as the worst-performing currency. The euro and the Swiss franc are fast to attack the dollar. However, the yen is not far behind, as stocks may be under pressure following the […]
EUR/USD found strong support right above 1.17 psychological level and now it has turned to the upside. Technically, a temporary rebound could be natural after the most recent massive drop. Still, you should be careful as the US NFP, Unemployment Rate, and the Average Hourly Earnings could bring high volatility later today. EUR/USD rallies in […]
Friday’s highly anticipated non-farm jobs report comes out at a somewhat awkward time; For the first time in six years, the April employment report falls on Good Friday, which means many major markets will be closed. As a result, readers who trade the forex or bond markets at their desks may see less liquidity than […]
