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Analysts are predicting a softer May Non-Farm Payroll (NFP) report, with expectations set at 151,000 new jobs, down from 175,000 in the previous month. This conservative forecast follows a recent trend of underestimating the US job market’s strength, with the previous miss restoring analysts’ confidence in issuing more cautious projections. If the actual NFP figures […]

The post NFP: Markets Consolidate Ahead of Big News appeared first on Action Forex.

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13/01/2024

The Weekly Bottom Line: The Long and Bumpy Road

U.S. Highlights An upside inflation surprise didn’t do much to move markets, as the details of the report fell in line with expectations. The focus remains firmly on the services sector, where housing costs continue to prop up price growth. Looking forward, the Fed will need to see more consistent evidence of disinflation – likely […]
22/12/2023

Natural Gas Wave Analysis

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29/07/2024

EUR/USD Targets New Gains: Is a Fresh Increase on the Horizon?

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