Tag Archives: Jobless Claims

EUR/USD has been waning from earlier session highs in recent trade and is now back below the 1.1100 level. Since Wednesday’s Fed hawkish policy announcement, EUR/USD has gained about 1.0%, flummoxing some analysts.Markets seem to currently be being driven by “hopes” for a Russo-Ukraine peace deal, meaning geopolitics remains a …

The DXY Index has accelerated its reversal from the 99.30 area to test two-week lows at 97.80. The USD drops across the board after Fed’s monetary policy decision. Upbeat employment and construction data have failed to cheer USD buyers.The US dollar is losing ground across the board on Thursday. The …

There were 214,000 initial jobless claims in the US in the week ending on 12 March, less than the 220,000 expected and below the week prior, when there were 229,000 claims (revised up from 227,000), data published by the US Department of Labor (DOL) revealed on Thursday. The four-week moving …

The DXY is oscillating around 98.00 ahead of US inflation and Initial Jobless Claims. The risk-on impulse has brought a sell-off in the dollar index. Investors brace an aggressive tightening policy by the Fed.The US dollar index (DXY) is hovering around 98.00 as investors await the US Consumer Price Index …

USD/CAD is currently trying to settle back above 1.2680, while the US dollar is gaining ground against a broad basket of currencies.The US Dollar Index is testing the resistance level at 97.75. If this test is successful, the US Dollar Index will move towards the next resistance at 98, which …

Private employers hired more workers than expected in February and data for the prior month was revised sharply higher to show strong job gains instead of losses, aligning with other reports that have produced a positive picture of the US labour market.The ADP National Employment Report on Wednesday suggest that …

On Wednesday, Ukraine called its citizens back from Russia and declared a state of emergency. While, Moscow began evacuating its Kyiv embassy, in the latest ominous signs for Ukrainians who fear an all-out Russian military onslaught, as per Reuters. Gold prices jumped more than 2% to their highest level in …

On Wednesday, Ukraine called its citizens back from Russia and declared a state of emergency. While, Moscow began evacuating its Kyiv embassy, in the latest ominous signs for Ukrainians who fear an all-out Russian military onslaught, as per Reuters.The lack of positive developments over the Russia-Ukraine tussle has put the …

Thursday’s asset trading closed largely negatively with a significant decline in risk appetite because tensions in Eastern Europe that have come back to the news headlines.Risk assets, first and foremost stocks and the euro, declined as yields of US Treasury bonds fell in favour of higher safe haven assets, most …

US Secretary of State Antony Blinken will be delivering his remarks on the Russia-Ukraine conflict at a UN Security Council Meeting, from UN Headquarters in New York City, on Thursday.Markets remain risk-averse on Thursday on reports pointing to a heightened risk of a Russian invasion. The benchmark 10-year US Treasury …