The US jobs report showed a much stronger jobs report but the unemployment rate was also higher at 3.7% versus 3.4%. Fed officials would like to see the unemployment rate come off the boil. They will start to see that in this report.For a June hike the expectations...
US May non-farm payrolls +339K vs +190K expected
Prior was +253K (revised to +294K)Two-month net revision +93K vs -149K priorUnemployment rate 3.7% vs 3.5% expectedPrior unemployment rate 3.4%Participation rate 62.6% vs 62.6% priorU6 underemployment rate 6.7% vs 6.6% priorAverage hourly earnings +0.3% m/m vs +0.3%...
A snapshot of the numbers ahead of the key US jobs report
> A snapshot of the numbers ahead of the key US jobs report Where are things trading <!--> --> <!--> WTI crude oil $71.51Bitcoin $27,182Dow industrial average up 138 pointsS&P up 18.25 pointsNASDAQ index up 73 points2 year yield 4.359%10 year...
What key levels are in play for the EURUSD ahead of the US jobs report
As the market awaits the US jobs report, the EURUSD has positioned itself between key moving averages. On the topside the 100 day moving average and 38.2% retracement of the range since the April high is resistance near 1.0811. On the downside the 200 hour moving...
Locked and loaded for May non-farm payrolls
I think the Fed comments about skipping a hike at the June meeting neutered today's non-farm payrolls report, to some extent. But it's still non-farm payrolls and it's undoubtedly a market mover.The consensus today is 190K and if it's higher than that, it will be the...
50대에 시작해도 월200 추가로 버는 법 알려주면 제발 하세요! (구독자 인증)
https://www.youtube.com/watch?v=wIqaWs-KhFA 다른 수많은 부업들이 있지만 이만한 재택부업은 보지 못했습니다. 구독자중에 50대 분도 성공했기 때문에 다른 분들은 더 수월하고 쉽게 하실 수 있을거라고 생각합니다. 영상 시청해주셔서 감사합니다. #부업 #돈버는법 #재택알바 MoneyMaker FX EA Trading...
ForexLive European FX news wrap: Dollar tentative awaiting US jobs report
Headlines:Markets:AUD leads, CHF lags on the dayEuropean equities higher; S&P 500 futures up 0.5%US 10-year yields down 0.3 bps to 3.604%Gold up 0.1% to $1,979.31WTI crude up 1.5% to $71.19Bitcoin up 0.9% to $27,133We're now in the final countdown to the big event...
💸스마트폰으로 간편하게! 6월부터 바뀌는 4가지 정책!
https://www.youtube.com/watch?v=jTkMXBO_L3o 여러분 안녕하세요.^^ 오늘은 일상생활에서 알아두면 유용한 내용 또는 놓치면 아까운 제도 딱 4가지만 골라서 소개해 드립니다! #6월 #대출 #정부지원 MoneyMaker FX EA Trading...
The risks are skewed to the downside for the dollar ahead of the NFP
Fed funds futures are showing roughly 71% odds of the central bank not hiking rates in June now. Mind you, it was roughly 70% in favour of a rate hike at the start of the week. That's a complete U-turn in terms of pricing as Fed policymakers delivered a somewhat...
SNB’s Schlegel: Cannot rule out further monetary policy tightening
SNB ready to be active in forex markets to ensure appropriate monetary conditionsInflationary pressure is broadeningCannot sound the all clear on inflation despite recent dips in the dataWith the ECB still on the tightening path, the SNB is also maintaining its...
ECB’s Makhlouf: Beyond probable rate hikes in June and July, picture is a lot less clear
Likely to see another rate hike at the next meetingInflation fall is very welcome but not definitiveUnderlying pressures are still quite strongHe also says that they have not yet reached the moment where they can put a stop to rate hikes just yet. Once again, it's a...
China reportedly working on a host of new measures to bolster property market
This comes as the economy continues to stutter from the post-Covid recovery and the rebound in the property market has been rather subdued at best. Of note, regulators are reportedly considering reducing the down payment in some non-core neighbourhoods of major...
ECB’s Panetta: We must not be too quick to raise interest rates
We haven't reached our final destination yetBut we are not far from itDebate will soon shift from level of interest rates to that of maintaining them over timeWe need to curb inflation without having too negative an impact on the economyI'm guessing he's alluding to...
USDCAD Technical Analysis – Rangebound
On the daily chart below, we can see that the USDCAD rejected again the 1.3650 resistance and fell back down towards the 1.3405 support. We have created a range here between the 1.3300 support and 1.3650 resistance. The USD appreciation caused by strong data in May...
ECB’s Vasle: More rate hikes needed to get inflation to 2% target
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,...
Dollar bulls lose their poise, technical momentum begins to swing the other way
After the drop yesterday, let's take stock of the technical situation in the dollar and how that will set things up ahead of the US jobs report later today.The greenback might be little changed mostly, with the antipodeans being the only notable movers in the major...
GBPUSD Technical Analysis – NFP in focus
On the daily chart below, we can see that GBPUSD has made a big pullback in the past few days. The biggest rally was made in the last two days as some Fed officials have hinted to a pause in June to gather more data before deciding on a further increase. The USD came...
European equities start the day on a more positive note
Eurostoxx +0.6%Germany DAX +0.6%France CAC 40 +0.6%UK FTSE +0.5%Spain IBEX +0.6%This comes after the rather rough week that we have seen so far. There was already a mild rebound yesterday and the positive mood from Wall Street is carrying over to today. That said, all...
Steady tones so far as we get the session underway
It is certainly setting up for a more optimistic day. However, markets will need confirmation from the US jobs report later to validate carrying the conviction from yesterday. Fed policymakers have led us to the idea of skipping rate hikes in June, and we'll see if...
FX option expiries for 2 June 10am New York cut
There is just one large one to take note of for the day, as highlighted in bold.That being for EUR/USD near 1.0700, but the expiries may not come into play considering that dollar sentiment remains on the softer side after the moves yesterday. Adding to that is the...