S&P 500: bullish breakout. The price is on bullish market condition with the ranging within the following key support/resistance levels: 2134.42 key resistance level located above Ichimoku cloud in the bullish area of the chart, and 1863...
CRUDE OIL: The commodity extended its weakness on Friday to close the week lower. It also reversed most of its previous week gains. This development has opened the door for more weakness towards its key support at 43.19 zone. On the downside, support resides at the 42...
The stronger than expected job growth in the U.S. in October and the rise in average hourly earnings have driven the chance that the Federal Reserve raises rates this year to 74 percent...
USD/JPY rallied more than 100 pips and reached a peak of 123.07 following news the US economy added more jobs than expected in October, which boosted expectations of a rate hike by the Fed in December. However, following the knee-jerk spike, USD/JPY entered a consolidation phase just below 123...
According to NAB, there is limited scope for further gains in the residential property segment given that the Australian residential property price growth has continued to surpass expectations in recent quarters. NAB has thus reduced its forecasts for detached house price growth in 2016...
EUR/GBP is currently trading at 0.7120 with a high of 0.7197 and a low of 0.7108...
Rob Carnell, analyst at ING Bank noted that following a disappointing run of labour reports, the October figure substantially surpassed the consensus view in nearly all respects...
Dreadful week for the sterling indeed… Considering that GBP/USD was flirting with 1.5500 the figure on Monday and is now navigating the mid-1.50s...
EUR/USD fell to its lowest level since April as the dollar soared across the board after data showed the US economy added more jobs than expected in October...
The latest data from the CME Fed watch indicates the odds of a 25bps rate hike shot up across the board on the back of a stellar October Non-farm payrolls report released today. The December rate hike probability now stands at 71.7%, compared to 58% seen ahead of the data...
The dollar has accelerated its upside on Friday, now pushing USD/CHF to post 8-month peaks near 1.0060. USD/CHF trespassed 1...
2014-11-06 13:30 GMT | [USD - Non-Farm Employment Change] past data is 142K forecast data is 181K actual data is 271K according to the latest press release [USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry...
Gold prices dropped like a rock to a session low of USD 1087.90/Oz; its lowest since 10th August as the odds of Fed tightening increased after a strong US monthly non-farm payrolls report...
A strong rally of the US dollar triggered by higher-than-expected jobs gains, dragged NZD/USD to fresh monthly lows near 0.6500...
“The Fed should not raise rates in December. You shouldn’t have to make a case for the Fed to hike; the case should already be made,” said DoubleLine Capital founder Jeffrey Gundlach at the 2015 Inside Fixed Income conference...
The selling pressure around the single currency is now picking up pace, dragging EUR/USD to test fresh daily lows...
USD/JPY soared to fresh 2 ½-month highs above 123.00 after the release of much better than expected US nonfarm payrolls report. Nonfarm payrolls report showed US economy added 271,000 new jobs in October versus 180,000 expected, while the unemployment rate dropped to 5.0% versus 5.1% expected...
The labor department data released today showed the US economy added far greater number of jobs in October than expected, adding to the evidence of the tightening labor market...
The greenback has gathered further traction vs. its Canadian peer on Friday, lifting USD/CAD to the proximity of 1.3300 the figure...
The U.S. Bureau of Labor Statistics released the October jobs data today. Total nonfarm payroll employment increased by 271,000 in October, and the unemployment rate remained unchanged at 5.0 per cent...
