Logo-color Logo-white

US nonfarm payrolls scheduled for release on Friday 12:30 GMT Another solid report could question rate cuts if Powell provides no clear guidance EURUSD at risk of plunging towards April’s low of 1.0600 April’s nonfarm payrolls might cause volatility  Friday will be a nonfarm payrolls day and investors expect the economy to have added 243k […]

The post Will Post-FOMC Jobs Report Move Dollar? appeared first on Action Forex.

previous

Canada’s Economy Continued to Grow in February, No Growth Expected in March

next

Worst of Both Worlds: Are the Risks of Stagflation Elevated? Part III

Read More

20/08/2024

Jackson Hole Economic Symposium: Must-Watch Market Event

The Jackson Hole Economic Symposium is a significant event in the financial world, with a long history that dates back to 1982. It attracts central bankers, policymakers, academics, and journalists from around the globe. Held annually at Jackson Lake Lodge in Grand Teton National Park, Wyoming, the symposium is a crucial platform for discussing global […]
03/05/2024

Market Analysis: AUD/USD and NZD/USD Attempt Another Recovery

AUD/USD is eyeing a steady increase above the 0.6555 resistance. NZD/USD is also rising and could extend its increase above the 0.6000 resistance zone. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar is moving higher from the 0.6465 zone against the US Dollar. There is a connecting bullish trend line forming with […]
31/01/2024

A Dovish Fed Guidance May Not Reverse the Rout in China and Hong Kong Stock Markets

China and Hong Kong benchmark stock indices have almost erased last week’s gains. NBS Non-Manufacturing PMI sub-components for January are indicating feeble service activities in China. A weaker US dollar via a dovish forward monetary policy guidance from the Fed is not enough to act as a bullish catalyst for China and Hong stock markets. […]