Forex Market

Following a significant spike in T-bond yields, the market has momentarily stabilized, but Americans continue to borrow heavily despite Fed Chair Jerome Powell’s 18-month efforts to alter their borrowing and spending habit.Middle East tensions could boost gold, US dollarTensions in Palestine are causing investors to seek safe-haven assets and monitor …

Inflation in the US is expected to moderate in September. In an otherwise quiet week for economic data releases, everyone’s attention will be focused on U.S. inflation figures. In September, CPI growth may have appeared a little better; economists anticipate a deceleration to a 3.5% year-over-year pace from 3.7% in …

Following the release of the US NFP, the EUR/USD pair gains significantly, rising 1.12% off the day’s low. Following a strong NFP result for the USD, broad market flows have turned decisively risk-on.Investor confidence data for October will be released on Monday, and this is what euro traders will be …

While US NFP data jumps to a healthy 336K, the USD/CHF plunges to a weekly low of 0.9074. The US dollar’s upward trend falters as the DXY index retreats by 0.34% and drops back below the critical 106.00 level.To predict future USD/CHF dynamics, the market will be watching Fed officials, …

Despite solid labour demand, gold prices have sharply recovered, raising anticipation for another Fed interest rate hike. Despite a weak US Services PMI survey and a weak ADP Employment report this week, the price of the precious metal remained under pressure. At the time of writing, the precious metal is …

Nonfarm Payrolls (NFP) in the United States increased by 336,000 in September, according to the US Bureau of Labour Statistics (BLS) on Friday. This reading was significantly higher than the market forecast of 170,000. The 187,000 increase in August was also raised higher to 227,000. The unemployment rate stayed at …

European stocks rose on Friday ahead of data expected to reflect moderate US job growth last month, relieving some pressure on equity investors concerned about higher interest rates. By 07:18 GMT, the European STOXX 600 index rose 0.4 percent, recording an increase for the second session in a row, but …

The Nikkei index closed lower on Friday, weighed down by a decline in technology stocks, as investors awaited the US jobs report later in the day for signs of whether the Federal Reserve will change course on interest rates. The Nikkei index fell 0.26 percent to 30,994.67 points. The index …

The US Bureau of Labour Statistics (BLS) will release the September jobs report on Friday, October 6 at 12:30 GMT, and as the day approaches, here are the projections for the upcoming employment statistics from 4 major banks’ economists and researchers. Nonfarm payrolls are expected to rise by 170K in …

The US jobs report on Friday will be a major factor in determining the direction of the US dollar. There will be a 170,000 increase in nonfarm payrolls, and the unemployment rate will drop from 3.8% to 3.7%. A strong report might support the Dollar’s recovery, while weak numbers, consistent …