Date: 6th December 2024. How Will NFP Impact The Trading Markets? Employment data for last week was released yesterday, showing that initial jobless claims rose by 224,000, surpassing both the forecast of 215,000 and the previous figure of 215,000....
Important Points about AUDJPY: This week has been disappointing and dull for JPY traders due to the absence of significant news events on the weekly calendar. Without any key economic data or central bank announcements to drive market sentiment,...
XAU-USD PAIR ANALYSIS The GBP-JPY pair is still holding above the demand level of 191.76. In terms of correlation and market momentum, it does show buying interest ahead of the end of the week trading session. But because the price increase has not...
•••Gold Shines Bright: XAU/USD’s Intriguing Moves Today(December 6,2024)••• Gold, the eternal barometer of market sentiment, continues its delicate dance against the U.S. dollar. With a Buy price of $2,628.51 and a Sell price of $2,627.71 as of...
The recent cooling of the U.S. job market has raised concerns that the Federal Reserve may need to consider more aggressive rate cuts, a prospect that has weighed on the U.S. dollar and benefitted the Swiss Franc. However, it’s crucial to consider...