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...
Important Points about AUDCAD: We observed that stronger Canadian data caused the AUDCAD market to drop to the 0.9066 level. The decline highlights the impact of robust economic performance in Canada, strengthening the Canadian Dollar against 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....
The latest mixed jobs data from the United States has raised concerns about a slowdown in the labor market, dampening investor sentiment and adding to global uncertainty. This comes at a time when geopolitical tensions, particularly in the Middle...
EURUSD Technical Analysis Four-hour chart: If the market price is seen in four hours, then the market is currently in a selling trend. Suppose the 200-day simple moving average and the market price can be seen below it. The market is currently at...