While the employment growth in February was not as significant as in January, it was still somewhat more than expected, which is another sign that the Canadian economy will start 2023 with more strength than previously predicted.The increase in jobs this month was less pronounced than in prior months, but …

The GBP/USD pair rallied almost 1% on Friday, following the US NFP data. Bulls struggle at the 200-day EMA, exacerbating a GBP/USD fall of 60 pips to current rates. GBP/USD recovers some ground getting ready to finish the week with minimal gains after bouncing off YTD lows at 1.1802, with …

Italy’s Treasury is preparing to launch new bonds dedicated to small savers in an effort to increase retail investors’ holdings of the country’s huge debt.Rome is trying to find new bond buyers for its over 2.760 trillion Euro ($2.92 trillion) debt – proportionally the second highest in the Eurozone – …

The precious metal was able to extend its gains during the American trading session, and the price of gold headed higher, touching a high of $1,842.55 immediately after the announcement of the US non-farm payroll data on the daily chart, after the release of the US jobs report for February, …

US stocks nosedived on Friday morning after the key jobs report (NFP Data) came in warmer than expected and jitters over troubles at Silicon Valley Bank continued to weigh on markets.The S&P 500 declined by 0.9%, while the Dow Jones Industrial Average edged down 0.5%. Contracts with the technology-heavy Nasdaq …

USD Index weakens further post US Payrolls data. The Dollar Index extends its deflation to 3-day lows near 104.60. US yields drop further in the wake of the US jobs report. The US economy created more jobs than initially estimated in February.The dollar now loses further ground and breaks below …

During the American session, US yields decreased even more. US 2-year yields decreased to 4.95% and 10-year yields to 3.92%. The US Dollar suffered from the falling rates. The DXY dropped to 105.20 for the second day in a row. The retreat of the Greenback is still a correction from …

After a two-day recovery from its lowest levels since late November 2022, the GBP/USD pair now seesaws inside a choppy range. Buyers benefit from expectations of no UK recession and optimistic efforts to entice new stock market listings. Prior to the important US jobs report, the US dollar is weakened …

Both Friday’s Nonfarm Payrolls report and next week’s the US Consumer Price Index are in the focus of exceptional attention for traders and investors. Gold price is up about 0.9% from a low of $1,812.02, and it has since risen strongly to challenge $1,835.64 as the US dollar lost additional …

WTI bears are active in the market as the NFP data release is approaching. The third day of losses for WTI saw a decrease of almost 1.53%. In late Wall Street activity, West Texas Intermediate is down almost 1% for the day. Notwithstanding a weaker US Dollar before Friday’s US …