Tag Archives: nfP

EUR/USD is trading near 1.0470, slightly weaker on Tuesday as traders prepare for a busy second half of the week. On Wednesday, the pair is expected to release US PMIs and EU retail sales data. The annualized EU PPI for August is predicted to decrease sharply, from -7.6% to -11.6%, …

The Canadian dollar continues to sink against the US dollar due to broad-market risk-off flows. Oil-dependent Canadian dollar is receiving only minor support from crude oil prices, which are seeing a minor rebound after halting a three-day decline. Canada has both Purchasing Manager Index (PMI) and Employment Rate figures due …

The USD/JPY pair is trading flat at 145.46, after dropping to a three-week low of 144.44. US Nonfarm Payrolls for August beat estimates, but the Unemployment Rate misses, keeping the pair in check. Rising US Treasury bond yields have further supported the dollar, with the USD/JPY trading at 146.196, gains …

The US Bureau of Labour Statistics (BLS) stated on Friday that nonfarm payrolls (NFP) increased by 187,000 in August. This result was higher than the market forecast of 170,000. On the negative side, the 187,000 increase in July was reduced down to 157,000. The unemployment rate rose to 3.8% in …

The NFP data is usually awaited by the financial markets and investors with eagerness because of it is likely that Friday’s print would bring about significant and weighty change on the Federal Reserve’s upcoming policy decision. As the US Bureau of Labour Statistics prepares to release the August jobs data …

Following the Grayscale victory, the price of bitcoin has significantly declined. The price of the most well-known cryptocurrency is currently $27,300. With the release of the US Core PCE price index data on Thursday and the US NFP on Friday, cryptocurrency markets are anticipated to be volatile. It is anticipated …

Gold and silver prices rose during Tuesday’s lunchtime US trading session, with gold reaching a three-week high and silver reaching a four-week high. Fresh purchasing activity in the precious metals was sparked by reports on the consumer confidence index and the US jobs turnover data (JOLTS), both of which were …

The US nonfarm jobs data for August is expected on Friday, with bond market investors seeking a reprieve from higher long-term rates. The August employment report showed the economy added fewer jobs than expected, but solid wage gains and a declining unemployment rate to 3.5% pointed to continued tightness in …

After a strong recovery, the price of gold has levelled out as investors look for new reasons to take action. At the time of writing, the precious metal is selling for $1921.51 per ounce. At the Jackson Hole Symposium, Fed Chair Jerome Powell reaffirmed that future policy decisions will be …

The Dow Jones Index reversed lower for a loss of 0.4% Friday on reports that a cyberattack hit hospital computer systems across several states. Top gainers in the Dow Jones included Amgen, which jumped on earnings. But Apple was down nearly 5%.The S&P 500 and Nasdaq Composite retreated for a …