Trading the News: U.S. Consumer Price Index (CPI) A marked pickup in the U.S. Consumer Price Index (CPI) may heighten the appeal of the dollar and spark a further decline in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to implement higher borrowing-costs in 2016. What’s Expected: Why Is This Event Important: Signs of stronger price growth may encourage ...
Consumer prices in China were up 1.8 percent on year in January, the National Bureau of Statistics said on Thursday. more...
Employment in the U.S. rose by less than expected in the month of January, according to a report released by the Labor Department on Friday, although the unemployment rate still edged lower. The Labor Department said non-farm payroll employment climbed by 151,000 jobs in January. EURUSD M5: 133 pips range price movement by Non-Farm Employment Change news event: more...
Trading the News: U.S. Non-Farm Payrolls Another 190K expansion in Non-Farm Payrolls (NFP) may boost the appeal of the greenback as the U.S. economy approaches ‘full-employment,’ but a marked slowdown in wage growth may fuel the near-term rally in EUR/USD as it dampens bets for a Fed rate-hike in the first-half of 2016. What’s Expected: Why Is This Event Important: Even though the Federal ...
Trading the News: U.S. ISM Non-Manufacturing A slowdown in the ISM Non-Manufacturing survey may produce headwinds for the greenback and spur a near-term rally in EUR/USD as fears of a slowing recovery dampens bets for a Fed rate-hike in the first-half of 2016. What’s Expected: Why Is This Event Important: Even though the Federal Open Market Committee (FOMC) appears to be on course to implement ...