US employment data significantly influences market price movements. By examining preliminary employment indicators, we can anticipate the likely outcomes of the official data release, typically on the first Friday of each month.This Friday, the highly anticipated US employment data is scheduled for release. Market expectations point towards a substantial increase …
Read More »Market Drivers – US Session, Sep. 6
As US markets continue to decline, with the Dow Jones losing 0.57% and the Nasdaq losing 1.05%, risk aversion is still evident. Market investors will pay special attention to Chinese trade statistics throughout the Asian session. Positive results might allay worries about the Chinese economy’s current status.EUR/USD reached fresh monthly …
Read More »US dollar soared following ISM data
On Wednesday, the US dollar (USD) is causing traders to lose their bearings. During morning European trading hours, when the Greenback was trading more subduedly, the Euro was the talk of the town. The European currency quickly rose in value as a result of the hawkish remarks made by two …
Read More »Dow Jones rises in volatile session as data digested
US shares maintain mixed performance on Tuesday in a volatile trading environment at the US session.The Dow Jones Industrial Average gained 93 points, or 0.30%, climbing off lows of the day boosted by defensive shares such as Johnson & Johnson and Coca-Cola. The S&P 500 rose 0.29% and the Nasdaq …
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