Chicago Federal Reserve President Austan Goolsbee said Friday he’s confident inflation can be tamed without a recession, even with additional interest rate increases likely. Speaking to CNBC following the release of the June nonfarm payrolls report, he said the ongoing job growth is part of the Fed’s “golden path” toward restoring price stability without taking
Share: The US dollar weakens across the board after the US official jobs report. EUR/USD gains momentum after breaking above 1.0930. The pair is heading for its highest weekly close since May. The EUR/USD pair gained momentum amid a weaker US Dollar following the release of US employment data. After breaking above 1.0930, the Euro
Secure High Frequency Trading System by Forex Trader Banker Quotes Trading Performance 🎖🎖🎖🎖🎖🎖🎖🎖 MyFXBook shows all the trading data 👇👇👇👇 https://www.myfxbook.com/members/bankerquotes/banker-quotes/9933316 Join the telegram channel to stay plugged in! https://bit.ly/fxautomation How to join: https://bit.ly/hftfx Investment Home Page: https://bit.ly/wealthytblog DM: https://bit.ly/TelAbraham
Join this channel to get access to perks: https://www.youtube.com/channel/UCfH0HsbG8H2IfGpYDSb4giQ/join Hi, get started with the best FOREX TRADING BROKER (FXPESA) ,register with link BELOW and get $15 for free when you start trading with a minimum of $100 now. 🔹REGISTER FXPESA HERE EASILY👇👇 https://portal.fxpesa.com/live-account/?clickid=14440&affid=C03049032 🔹FULL FREE SUMMARIZED TRADING COURSE 👇 🔹WhatsApp me. +254796579800 To be added
🔴 MAKE $200 TRADING BOOM AND CRASH WITH THIS FOREX TRADING STRATEGY | Binary.com | Make Money Online | Deriv.com Automate Your Earnings In Forex: https://shirsorns.cashfxgroup.com Watch This Video To Know How To Complete Your Registration To Automate Your Forex: https://vimeo.com/388032921 SUBSCRIBE TO QORA DIGITAL CASH’S YOUTUBE CHANNEL NOW https://www.youtube.com/c/qoradigitalcash JOIN THE TELEGRAM CHANNEL: https://t.me/qoradigitalcash1
AUDUSD tests 100/200 day MAs The AUDUSD is pushing to a new session high and in the process is testing its 200-day moving average of 0.66949. The price has already moved above its 100-day moving average of 0.66866. Staying above the 100-day moving average keeps the buyers firmly in control. On Tuesday and again on
S&P 500 daily chart Here’s what I wrote in my preview for non-farm payrolls: In terms of strategy, there’s plenty of talk of buying bonds on a strong non-farm payrolls print in anticipation of a lower CPI next week. The read-through into FX for that trade would be selling a dollar pop if non-farm payrolls
Gold prices declined by Rs 110 to Rs 59,240 per 10 grams in the national capital on Friday amid weak global cues, according to HDFC Securities. In the previous trade, the precious metal had ended at Rs 59,350 per 10 grams. Silver also plunged by Rs 600 to Rs 71,500 per kilogramme. “Gold edged lower
Dollar falls broadly after US non-farm payroll report didn’t provide any shock to the markets. Nevertheless, the headline job growth was still solid, with unemployment rate steady, and wages growth staying at a relatively high level. US 10-year yield dipped initially following the release by quickly recovered. Stocks futures attempted to pare earlier against but
Filadendron | E+ | Getty Images The overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to the latest nonfarm payrolls report. Overall, the unemployment rate last month was 3.6%, a 0.1 percentage point decrease from May, the U.S. Department of Labor reported Friday. However, Black
Share: USD/CHF plunges to a two-month low of 0.8889, down 0.72%, due to weaker-than-expected US labor data and a weakened US Dollar. The pair breaches a two-month support trendline, extending losses below 0.8900. The next target is the year-to-date low of 0.8819, pending a breakthrough of the 0.8850 psychological level. If buyers reclaim 0.8900, initial
BarnBridge DAO members have been told to pause “all work” related to the project after a reported probe by the United States Securities and Exchange Commission (SEC). In a July 6 post to the platform’s Discord channel, Douglas Park, a lawyer for the decentralized autonomous organization revealed the news to members. “I am letting you
The EURUSD started the trading date near highs for the day and also testing its falling 200 hour moving average and downward sloping trendline on the hourly chart below). The level came near 1.09000 level. The ADP report showed a eye opening 497K new jobs with leisure and hospitality adding 232K, education and health services
Hot and cold. That was the dollar reaction yesterday after the ADP numbers and it’s going to be a tricky one in identifying which temperature the greenback will settle at after the NFP numbers today. The bond market continues to signal higher rates for longer though, and that’s weighing on equities as well this week.
Gold prices on Friday were on track for a fourth consecutive weekly loss as investors bet the Federal Reserve will keep interest rates higher for longer, weighing on non-yielding bullion. FUNDAMENTALS * Spot gold held steady at $1,911.85 per ounce by 0023 GMT, but was down 0.4% for the week. U.S. gold futures ticked up
Markets are firmly entrenched in a risk-off mode as focus shifts to impending US Non-Farm Payroll data. Expectations for two additional Fed hikes have been gaining traction this week following a string of strong employment data. The deep pullback in US equities overnight extended into Asian trading hours. Concurrently, benchmark 10-year yield managed to close
A man walks past a “now hiring” sign posted outside of a restaurant in Arlington, Virginia on June 3, 2022. Olivier Douliery | AFP | Getty Images The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite a series of interest rate hikes aimed specifically
Share: In an interview with La Provence on Friday, European Central Bank (ECB) President Christine Lagarde said, “we still have work to do to bring inflation back down to our target.” Additional quotes “The priority is to maintain price stability.” “Inflation has started to decline.” “A part of that is the initial impact of monetary