Forex Market

US Nonfarm Payrolls rose by 303,000 in March compared to a projection of 200,000. According to a Friday report from the US Bureau of Labour Statistics (BLS), nonfarm payrolls (NFP) increased by 303,000 in the US in March. This reading was far higher than the market’s estimate of a 200,000 …

As the eagerly awaited monthly U.S. labor market report looms on the horizon, analysts and investors alike brace themselves for its potential impact, recognizing its pivotal role in shaping the trajectory of economic policy. Scheduled for release at 08:30 ET (12:30 GMT), this report holds the potential to sway sentiments …

European stocks experienced a significant downturn on Friday, plunging to their lowest levels in over two weeks, mirroring the global stock market trend. The decline was spurred by statements from certain Federal Reserve officials signaling potential monetary tightening, coupled with escalating tensions in the Middle East. The European STOXX 600 …

Oil prices continued their ascent on Friday, poised to mark a second consecutive week of gains, buoyed by geopolitical tensions in Europe and the Middle East, concerns over dwindling supplies, and optimism surrounding global fuel demand as economies recover. Brent crude surged by 49 cents, or 0.5 percent, reaching $91.14 …

Oil prices continued their ascent on Friday, poised to mark a second consecutive week of gains, buoyed by geopolitical tensions in Europe and the Middle East, concerns over dwindling supplies, and optimism surrounding global fuel demand as economies recover. Brent crude surged by 49 cents, or 0.5 percent, reaching $91.14 …

Amidst a prevailing appetite for riskier assets, the US dollar witnessed another weak day on Thursday. This was before the announcement of important non-farm payrolls on Friday. The ECB Accounts opened the door to rate reduction in June, while Fed speakers maintained its cautious approach. The USD Index fell to …

BoJ’s K. Ueda gave fresh statements on the central bank’s policy outlook, although he declined to comment on the recent performance of the Japanese yen.Before Thursday’s European session begins, the Japanese Yen was still weak relative to the US dollar and is trading barely above a multi-decade low that was …

As the Bureau of Labour Statistics (BLS) delivers its much-awaited March jobs report for the US, the financial markets are seemingly excited. Traders will digest this jobs print with great care, looking for hints about how the US economy and Federal Reserve policies will develop in the near future. Nonfarm …

On Thursday, the Euro gained versus the US dollar, but obstacles still exist. The poor US data, which included an unexpected increase in jobless claims and a widening trade deficit that raised questions about the real state of the US economy, helped the shared currency. Treasury yields dropped as a …

The Pound Sterling (GBP) has risen to 1.2660 in early New York session due to the UK’s improved economic outlook and increasing home prices. The GBP/USD pair is showing strength as recent economic indicators suggest the UK economy is on track to return to growth after falling into a technical …