The following day, the Chicago Fed Countrywide Activity Index (CFNAI), launched via the Federal Reserve financial institution of Chicago, is a monthly index designed to gauge standard monetary activity and associated inflationary stress. The AUD/USD...
Analysis chart USD /JPY sharp strengthening of the US dollar in general on the market and in a pair with the Japanese yen this led to a rather serious correction, within which the price during the bullish impulse rose to the level of 143.20....
Market Fundamentals: Several underlying economic indicators may pose challenges for policymakers shortly. While gasoline and fuel oil prices saw a decrease of 3.1% and 5.1% respectively, natural gas prices surged by 6%. Additionally, shelter prices...
The AUD/USD currency pair is currently facing a critical phase on the 1-hour timeframe, as it retests the ascending trendline that it previously attempted to break but failed. That earlier failure was accompanied by the pair’s inability to form a...
The NFP is a direct reflection of the U.S. labor market’s health. Strong employment figures typically signal a strong economy, which can lead to higher interest rates as the Federal Reserve may act to prevent inflation. Conversely, weak job growth...
