In recent economic releases, Australia's employment change for July exceeded expectations, with 58.2K new jobs added, surpassing the forecast of 20.0K and the previous reading of 52.3 K. However, the unemployment rate rose to 4.2%, higher than the...
The dollar is strengthening, the euro is falling: all attention is on the US labor market The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support at 1.10. The dollar's recovery is driven by strong data on...
The price showed mixed performance on Thursday, largely following global market trends but ultimately losing just over one-tenth of a percent against the US Dollar (USD). The pair found support near the 50-day Exponential Moving Average (EMA) at...
The pair rallied to near 149.01 on Friday, driven by a rebound in the US dollar following its recent annual low. This surge was fueled by a stronger-than-expected jobs report for September, which hinted at a robust recovery in labor demand but also...
AUD/USD Market Forecast Greetings and Good Morning to Everyone! The market of AUD/USD had reached around the 0.6800 zone on Friday. Today, the price can continue its journey and cross the next zone of 0.6845 sooner or later. Moreover, this week, the...