U.S. government data releases hold significant sway over the global over-the-counter forex market, as the U.S. dollar accounts for nearly 88% of all international forex transactions. While most ...
How Does NFP Affect Forex? NFP (Non-Farm Payrolls) is data released by the Bureau of Labor Statistics every year. For the Federal Reserve Bank, employment is a huge factor to consider. For example, ...
The EUR/USD weekly forecast remains subdued under 1.1700, extending the retreat from the September peak of 1.1920.
With the shutdown in the US still ongoing, and despite debate as to whether tomorrow’s non farm payroll data will be released, nevertheless I thought it would be useful to take a look at the daily ...
In today’s Market Outlook let’s take a look at Forex Trading on GBP/USD, the S&P 500, Silver, XAG/USD, Gold, XAU/USD, EUR/USD and USD/JPY. Last Friday’s Non-Farm Payroll figure was terrible causing ...
Markets are sailing without their compass this week. Washington’s lights are dimmed by shutdown, leaving traders to navigate ...
Dollar higher ahead of NFP The US dollar is higher against most major currency pairs before the China-US summit and the release of the US employment report. Chinese President Xi Jinping has landed in ...
On Friday, if we break above the 1.3870 level, I am a buyer with a stop loss at the 1.38 level, and a target of 1.41 above. The US dollar has risen a bit during the trading session here on Thursday ...
I had highlighted the USD/JPY setup on Thursday after the pair showed a frenetic breakout above the 150.00 handle. As I wrote then, ‘this doesn’t necessarily preclude continuation, but it does ...