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Cable resumes upside push after jobs data

Cable resumes upside push after jobs data

GBP/USD daily chartThe pound is taking heart from the UK labour market report earlier here, with cable now moving up from 1.2870 to 1.2905 on the day. The softness in the dollar is also part of the reason but the latest push in the last 15-20 minutes is definitely...

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UK June payrolls change -9k vs 23k prior

UK June payrolls change -9k vs 23k prior

Prior 23k; revised to 20kMay ILO unemployment rate 4.0% vs 3.8% expectedPrior 3.8%May employment change 102k vs 125k expectedPrior 250kMay average weekly earnings +6.9% vs +6.8% 3m/y expectedPrior +6.5%; revised to +6.7%May average weekly earnings (ex bonus) +7.3% vs...

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Germany June final CPI +6.4% vs +6.4% y/y prelim

Germany June final CPI +6.4% vs +6.4% y/y prelim

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Trade ideas thread – European session 11 July 2023

Trade ideas thread – European session 11 July 2023

Are we headed towards the next leg lower in the dollar? Well, there's certainly an argument to be made with EUR/USD testing waters above 1.1000 again and GBP/USD moving up to near 1.2900 - its highest levels since April last year. The former has key resistance at the...

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[속보! 자격, 학력무관 중장년 꿀알바! 하루 4시간 일하고 88만원~116만원 번다! 마감임박!!]#3.1경제독립tv

[속보! 자격, 학력무관 중장년 꿀알바! 하루 4시간 일하고 88만원~116만원 번다! 마감임박!!]#3.1경제독립tv

https://www.youtube.com/watch?v=_C1dfTR-K_s [속보! 자격, 학력무관 중장년 꿀알바! 하루 4시간 일하고 88만원~116만원 번다! 마감임박!!]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정" 부탁드리겠습니다! 감사합니다...

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FX option expiries for 11 July 10am New York cut

FX option expiries for 11 July 10am New York cut

There aren't any significant expiries to take note of for the day. As such, trading sentiment will continue to rely more on the technicals and the risk mood before we get to the US CPI data tomorrow.A couple of key ones to watch will be EUR/USD as it begins to run...

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UK labour market report on the agenda today

UK labour market report on the agenda today

Even with the dollar drop and retreat in Treasury yields yesterday, traders are still convinced of a 25 bps rate hike by the Fed later this month. Fed funds futures are little changed, showing roughly 92% odds of a 25 bps move. And that comes despite markets getting a...

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USD/JPY retraces lower as 145.00 rejection holds

USD/JPY retraces lower as 145.00 rejection holds

USD/JPY daily chartThe pair was dragged down by a weaker dollar and lower bond yields in trading yesterday, as traders are starting to get a sense that the US CPI data this week may be a softer one. That owes to the decline in the used car price index here, which is...

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New York Federal Reserve head Williams speaks on Tuesday

New York Federal Reserve head Williams speaks on Tuesday

Federal Reserve Bank of New York President John Williams. As head of the NY Fed Williams has a permanent vote on the FOMC, and indeed is its vice-chair. Williams is a big fish at the Federal Reserve.He is speaking publicly on Tuesday, 11 July 2023:1500 GMT/1100 US...

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