Logo-color Logo-white

The COVID-19 pandemic led to a substantial labor force transformation in the U.S., marked by ‘The Great Reshuffle.’ Over 50 million workers resigned in 2022, continuing the trend from 2021, but by August 2023, resignations tapered to 30.5 million. This reshuffling trend indicates a quest for better work-life balance, higher compensation, and a robust company […]

The post USD: Initial Claims Data Incoming appeared first on Action Forex.

previous

GBP/USD Deflated By Softer Than Expected UK November Inflation Data

next

Gold Price Eyes Breakout, Crude Oil Price Recovers

Read More

15/02/2024

Will Canadian CPI Data Offer Loonie Any Support?

Inflation in Canada has been stuck above 3.0% since the summer The Bank of Canada is keeping rate hike option on the table Yet, the loonie has been on the backfoot versus the dollar this year Will Tuesday’s CPI data (13:30 GMT) put BoC’s inflation fight back on track? The long fight to get inflation […]
18/12/2023

USD/JPY – Yen Climbs to 4.5 Month High, BoJ Next

BoJ to make rate announcement on Tuesday Fed’s Williams says no rate cuts planned The Japanese yen is lower at the start of the week. In the European session, USD/JPY is trading at 142.77, up 0.44%. The yen continues to power higher and surged 1.9% last week. It marked a fifth straight winning week for […]
29/05/2024

Australia’s Inflation Ticking Up Despite Weak Retail Sales

Consumer inflation in Australia rose in April, contrary to the expected decline. Year-on-year price gains totalled 3.6% vs. 3.5% previously, and average forecasts of a decline to 3.4%. The inflation rate reached a plateau late last year, falling to 3.4%, but has been ticking upward for the past two months. Prices have added ten months […]