Tag Archives: Bureau of Labour Statistics

As European investors got back to work after the long Easter break, the US dollar declined from its recent highs, providing some much-needed relief in the risk-linked world. The USD Index (DXY) dropped to 104.70 from recent heights over 105.00 as a result of fresh selling pressure on the US …

The US jobs data released on Friday revealed an improvement in the performance of the US economy in general during February, as labor market forces began to weaken with a decline in wage growth, which supports bets on interest rate cut by the Federal Reserve by June or even May …

The dollar found stability on Monday, with most major Asian markets closed for a holiday, delaying the start of what could evolve into a bustling week. Attention now shifts to US inflation data for clues on the Federal Reserve’s potential interest rate cuts. Euro Edges Lower, Eyes on Euro Zone …

The S&P 500 opened at a new all-time high above 5,000, with the Technology Sector being the best-performing major sector. The S&P 500 index rose 0.33% to trade at 5,014.3, while the Dow Jones decreased 0.18% to 38,657.35. The Nasdaq gained 0.95% to trade at 15,944. Applied Materials Inc is …

The US Dollar is softer after weaker US CPI revisions, with the Dollar Index failing to close above the 100-day Simple Moving Average (SMA) and could slide back below 104. The S&P 500 briefly hit 5,000 after the opening of the trading session, with some risk on creeping in. The …

The GBP/USD pair is trading at 1.2556, despite a volatile session with a 90+ pip range. The US Bureau of Labour Statistics reported declining inflation, with headline dipping and core remaining stickier at 4% YoY. The UK jobs market eased, with 50K new employees added to the workforce, though wages …

The US Consumer Price Index (CPI) data, the most significant indicator of inflation, is set to be released by the US Bureau of Labour Statistics on September 13. Economists and analysts of 10 major banks have provided estimates for the awaited US inflation print for August. The headline CPI is …

The US dollar index (DXY) has witnessed a sheer downside after recording a fresh three-year high at 100.52 on Wednesday. The DXY ended its nine-day winning streak on Wednesday after investors shrugged off the hangover of the higher US Consumer Price Index (CPI). The US Bureau of Labour Statistics reported …

US job openings gained to 10.9 million in December, according to JOLTS data published Tuesday above forecast of 10.3 million openings. Some 4.3 million Americans quit, down from November’s record high but still exceeding the pre-crisis average.Openings rose the most in the accommodation and food services sector, with businesses listing …

Markets are awaiting the release of US employment data during December at 13:30 GMT. This data will be necessary given its strong impact on the dollar and the currency market movements. Markets expect to add 400,000 jobs in December, compared to 210,000 jobs previously recorded. Expectations also indicate a decline …