The US Dollar weakened significantly following the release of the November Nonfarm Payrolls report. The 227,000 jobs added, while still positive, fell short of market expectations. This, combined with recent economic indicators, has fueled speculation about a potential rate cut by the Federal Reserve in December.The market’s reaction was swift, …
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The U.S. labor market demonstrated resilience in November as Nonfarm Payrolls (NFP) increased by 227,000, according to the Bureau of Labor Statistics (BLS) report released on Friday. This robust figure surpassed market expectations of 200,000 and significantly outpaced October’s revised gain of 36,000, which had initially been reported as just …
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The US dollar edged higher on Friday as traders adopted a cautious approach ahead of the release of the US monthly jobs report, while the euro remained under pressure due to weak German industrial data and ongoing political uncertainty in France. At 05:00 ET (10:00 GMT), the Dollar Index, which …
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European stock markets showed little movement on Friday, as investors awaited the release of U.S. nonfarm payrolls data, a critical factor in shaping Federal Reserve policy expectations for the coming months. Ongoing political shifts in France and South Korea also remained under watch. Market Highlights: STOXX 600: Down 0.04% by …
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European equities remained steady on Thursday, approaching one-month highs, as French markets absorbed the political upheaval following a no-confidence vote that ousted Prime Minister Michel Barnier’s government. Market Highlights STOXX 600: Rose 0.1%, marking its sixth consecutive session of gains. France’s CAC 40: Mirrored regional trends with a 0.1% uptick. …
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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US crude oil futures demonstrated the anticipated upward trend outlined in the previous technical report, supported by trading stability above the key level of 68.90. Technical Analysis: Bearish Indicators: The simple moving averages apply continued downward pressure. The 14-day momentum indicator reflects clear negative signals, favoring a bearish outlook. Scenario …
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The EUR/USD pair showed a modest upward trend, benefiting from the support level of 1.0470, and reached a session high of 1.0544 during the previous trading day. Technical Analysis: The pair struggled to break the critical resistance at 1.0540, as noted in the previous analysis. On the 4-hour chart, the …
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