The EURUSD has fell below the 100/200 hour MAs after the jobs report and also below a swing area that was a ceiling going back to mid- January between 1.0866 and 1.0874 (see lower “Red Box” on the chart above). The price decline continued toward the next target near 1.0799 and 1.0805. The subsequent corrective
admin
An interesting weekend item from Reuters about oil, but also about circumventing trade payments in the dominant USD – helping Russia to de-dollarise its economy. Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in United Arab Emirates dirhams instead of U.S. dollars India’s top bank, the State Bank
Gold prices exhibited extreme volatility in the week ending February 3 as traders had to wade through the deluge of starkly contrasting developments and data that swung the pendulum to extremes before the dust finally settled in favor of bears. Seemingly dovish Federal Reserve, as it failed to sound convincingly hawkish at the FOMC meeting
With the help from strong economic data, Dollar struck back to end as the strongest one, after a week full of heavy weight events. Traders might start to give up on fighting the Fed on the topic of terminal interest rate and the timing of a cut, given the underlying resilience of the economy. At
Zoom In IconArrows pointing outwards The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment. That one service sector saw an increase of 128,000 jobs in the month, led by 99,000 positions at restaurants and bars alone, the Bureau of Labor Statistics said in a report released
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor reported an ugly fourth quarter, missing Wall Street’s earnings
Strategists at Rabobank point out that the change in the Bank of England’s language favours the doves, they see scope for further rate rises. They continue to expect poor United Kingdom fundamentals to be a drag on the British Pound. Key quotes: “The USD has found further traction on the back of the January
Forex trading strategy which allows you to capture 100 pips per day trading in the forex markets Follow my trades below! VIP Telegram: https://t.me/willsfx_bot Education: https://www.lynktrading.com/ Instagram: https://www.instagram.com/willssforex/ FTMO Funding: https://ftmo.com/?affiliates=1970 Twitter: https://twitter.com/willssfx #forex #forexlifestyle
Forex trading for beginners bangla ( Full course ) – ?????? ???????? ????????? ???? ??? Register Broker: ?(Deriv) Register Link: https://clck.ru/SdhDB (Register Now ) ?Fbs: https://clck.ru/yjMoA (Register Now ) How to create /Forex account: https://youtu.be/Y_dndipJmu4 How Setup MT5 : https://youtu.be/lakwIEmsTBM How to use MT5 : https://youtu.be/q9XLe2E9J8g TELEGRAM Chart Analysis?: https://t.me/IllustrationTraders ? Contact Details Here MyForexBook:
Get Your FX GOAT 3.0 program here: https://fxgoat.teachable.com/?affcode=540026_rmt0uglb ???? Join the FX GOAT 3.0 VVIP Mentorship Here: https://discord.gg/hpBbbpGKnp ???? Join this channel to get access to perks: https://www.youtube.com/channel/UCALKmZBy7Poujq3jnph1OUw/join RECOMMENDED BROKERS: International Traders : https://t.me/FxgoatpartnersExness Local Traders ?? : https://t.me/+lc7PxTAqce81NGE0 FOR FREE SIGNALS JOIN & SHARE LINKS CAN BE FOUND BELOW ?? CURRENCIES: https://t.me/FXGOAT1 NASDAQ: https://t.me/FXGOAT0
The major US stock indices are ending lower on the day led by the NASDAQ index with a decline of about -1.6%. However, that comes after some pretty strong gains including a 3.25% gain yesterday. The final numbers are showing: Dow Industrial Average fell -127.93 points or -0.38% at 33926.00 S&P index fell -43.26 points
The US jobs report was – as Fed’s Daly put it – a “wow” number. The Non Farm Payroll increased by a whopping 517K. The prior two months were revised higher by 71K. The combined total of 587K far outpaced the expectations of 185K. Wow is right. The unemployment rate moved down to 3.4% (expected
Oil prices rose on Friday after strong U.S. jobs data, but were still set for weekly falls as investors sought more clarity on the imminent EU embargo on Russian refined products and more signs of demand recovery in top consumer China. Brent crude futures gained $1.16, or 1.4%, to $83.33 a barrel by 1456 GMT,
Dollar rebounds strongly and broadly in early US session after a set of stellar job data that blows past expectations. Stock futures dive on renewed concern that interest rate will stay high for lower while benchmark treasury yield rebounds. The question now is whether the greenback could overwhelm Yen and Swiss Franc to end the
An employee works at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters A decrease in the unemployment rate of Black women is heartening, but labor experts warn that the trend shouldn’t create any false notions about equity in the workforce. The unemployment rate for the entire Black population
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon on Thursday issued first-quarter guidance that came in light of estimates, overshadowing better-than-expected revenue for the fourth quarter. The stock slid after hours, erasing most its rally from the regular trading day. Here are the key numbers: Earnings: 3 cents per share Revenue: $149.2
The ISM Service PMI released on Friday showed the index rose back above 50, into expansion territory. Analysts at Wells Fargo, point out that after just a single month under 50, the services ISM shot back up into expansion. However, they warn the breadth of services expansion has still slowed. Key quotes: “The slowdown in
Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in “hot hot hot.” “Think again” over U.S. recession Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it erased gains from earlier in the day to center on $23,000 support. The pair reacted negatively to