When the EUR/USD tested the 1.0630 level, I initially found the reaction to be quite puzzling. It seemed like the market's bots might have been reacting to the recent data on the unemployment rate, which rose by 0.1%, or perhaps the decrease in the...
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....
•••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...
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...
USD/CAD shows small gains on Friday. In the European session, USD/CAD is trading at 1.4041, up 0.12% at the time of writing. Employment growth in Canada is expected to accelerate Canada today reported job growth for November. The market estimate is...