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More from Fed’s Williams: Not quite ready to say how big first rate cut should be
New York Fed Pres. Williams is answering reporters questions after his speech at the New York economics club and says:Not ready to say how big first rate cut should beit's clear labor market imbalances have eased.Jobs market more consistent with pre-pandemic...
NASDAQ index leads the way to the downside
The NASDAQ index is trading to a new session low and to the lowest level going back to August 12. The move to the downside is off of mixed/weaker US jobs report. The nonfarm payroll rose less than expectations (142K vs 160K estimate) with the prior months being...
As the dust settles after the jobs reports in the US and Canada, the USDCAD is higher.
Both the US and Canadian jobs report will released today. In the US, the market is breathing a little sigh of relief in that the numbers weren't as weak as last month. The unemployment rate did tick down to 4.2% from 4.3%. In Canada, the unemployment rate moved higher...
The USDCHF moved lower/it moved higher.It is up testing 100/200 hour MAs & finding sellers
Overall for the week, the USDCHF is little changed with highs on Monday and Tuesday and the low for the week reached today on the US jobs volatility. After trading to a new low for the week (and a new low for the year too), the price of the USDCHF has snapped back...
Canada Ivey PMI 48.2 vs 57.6 prior
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US dollar rebounds to the highs of the day as enthusiasm for 50 basis points fades
The market has taken a long look at the August non-farm payrolls and decided it's not weak enough to pricing in a 50 basis point Fed cut this month. Initially, the softer headline number and downward revision caused a spike in 50 bps odds to 57% and a drop in the US...
US stocks open marginally higher after the US jobs report
As the market digests the US jobs report, the stock market is casting its vote. The major indices were much lower in premarket ahead of the jobs report. Since then, all of those declines have been retraced. The major indices are opening marginally higher. The NASDAQ...
Kickstart the FX trading day for Sept 6 w/a technical look at the EURUSD, USDJPY & GBPUSD
The US jobs report was a bit weaker than expectations especially when you consider the -86,000 revision to the prior month's. Nonfarm payroll rose by 142K lower than the 161K estimate but the unemployment rate did fall to 4.2% from 4.3%. The USD dollar had an...
Williams Q&A: Jobs data consistent with a cooling economy
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,...
Timiraos: The jobs report doesn’t neatly resolve the 25 versus 50 basis point debate
The market is now at 51% for 50 bps and 49% for 25 bps -- almost as close as possible.Nick Timiraos from the WSJ highlights what the jobs report means:There was a chance the jobs report would provide an obvious signal on the size of the first cut, and futures-market...
Fed’s Williams: Unemployment rate still low despite rise
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,...
The market takes the non-farm payrolls report as dovish but focus now on Fed speakers
At 8:45 am ET, we will hear from NY Fed President John Williams and then at 11 am ET, we will hear from Fed Governor Chris Waller. Those are two heavyweights at the Fed and they were no-doubt scheduled to give the market a nudge on the FOMC's thinking ahead of the...
Canada August employment change 22.1 versus 25.0K estimate
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,...
US August non-farm payrolls +142K vs +160K expected
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,...
Locked and loaded for the August edition of non-farm payrolls– why it tends to disappoint
Welcome to the main event of the week.The non-farm payrolls report for August is due at the bottom of the hour and Canada will be releasing its jobs report at the same time. The market is pricing in a 43% chance of a 50 bps cut from the Fed this month and that will...
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https://www.youtube.com/watch?v=II7kD_yc6Z0 재택 부업을 비롯해, 그동안 다양한 돈버는 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 퇴근 후나 쉬는 날 1시간당 3~5만원 이상 벌 수 있는 부수입 파이프라인을 만드는 새로운 방법을 소개하려고 합니다 집에서도 가끔 실행 가능하고, 케이스에 따라서 10~70대 연령 상관 없고, 학력 경력 무관 한데다, 직장인, 주부, 자영업자, 학생 등 자신에게 맞는 케이스를 선택해서 누구나 쉽게 도전해볼 수...
ForexLive European FX news wrap: Nervy markets awaiting the US jobs report
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,...
Crude Oil Technical Analysis – Consolidation ahead of the US NFP report
Fundamental OverviewIt’s been a rough week for crude oil as the price dropped more than 6% on renewed growth fears amid a couple of soft US data. The delay by OPEC+ to increase production from October didn’t spark a rally but it helped to slow down the bearish...
EUR/CHF may look to revisit record low on any NFP angst
The plunge in early August when markets were throwing a tantrum was held by the December 2023 lows, at least on the daily chart. But even so, the pair has been trending in a lower highs, lower lows pattern ever since June this year.EUR/CHF daily chartThe trend speaks...