The unemployment rate in Australia dropped to a seasonally adjusted 5.8 percent in February, the Australian Bureau of Statistics said on Thursday. more...
Trading the News: U.K. Jobless Claims Change Another 9.1K decline in U.K. Jobless Claims paired with signs of stronger wage growth may heighten the appeal of the British Pound and spur a near-term advance in GBP/USD as it puts increased pressure on the Bank of England (BoE) to normalize monetary policy sooner rather than later. What’s Expected: Even though the EU referendum clouds the economic outlook for the ...
Trading the News: U.S. Non-Farm Payrolls Another 195K expansion in Non-Farm Payrolls (NFP) may heighten the appeal of the greenback and spur a near-term decline in EUR/USD as the ongoing improvement in the labor market puts increased pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy in 2016. What’s Expected: Why Is This Event Important: ...
Australia posted a seasonally adjusted merchandise trade deficit of A$2.937 billion in January, the Australian Bureau of Statistics said on Thursday - a decrease of A$587 million or 17 percent on the deficit in December 2015. more...
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 ...
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