U.S. Non-Farm Payrolls report on Friday showed a gain of only 98K but the underlying metrics were strong with the headline unemployment rate falling to 4.5%, its lowest reading since mid-2007. The under-employment rate (U6) also saw an outsized downtick to the tune of 8.9% from 9.2%. Gold spiked on the release only to reverse sharply early in the US session. Heading into next week, the trade remains vulnerable sub-1258 with interim support ...
The US dollar eventually emerged as a winner from a tense week. Is this the beginning of a trend? A speech by Janet Yellen, a rate decision in Canada, Australian employment data, US inflation data, and US consumer figures stand out. These are the main events on forex calendar. Janet Yellen speaks: Monday, 20:00. Fed Chair Janet Yellen will speak at the University of Michigan, taking questions from the audience.UK Inflation data: Tuesday, ...
Did Old Man Winter scare away hiring in March? New employment data revealed that the U.S. added significantly fewer jobs in March than most economists expected, though a drop in the total number of unemployed did lead to a decline in the top-line unemployment rate. more...
Daily price is near and above Ichimoku cloud in the bearish area of the chart. The price was on secondary correction by the testing support level at 1,152 located near Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. If the price breaks 1,152 to above on daily close bar so the primary bullish trend will be resumed, otherwise the price will be on ranging with the good possibility ...
Planning for this trip, Greenland was totally mysterious. All I could really tell is from looking at satellite imagery of the island and seeing these long fjords covered with this turquoise-blue water, with icebergs everywhere. It looked like a place I'd never been. The unknown to me was the most attractive part. the source
Recent Comments