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Talking Points NFP Is a Highly Anticipated News EventExpectations are Set at 230kTraders Will Track the USD Based on Results The release of the monthly Non-Farm Payroll figures is a highly anticipated moment for Forex traders. This is with good cause as the Non-Farm Payrolls, also known as NFP, has been historically known to produce volatility in the market place. As with other news releases on the economic calendar, traders will use this data to determine the ...
Dollar Traders Look Ahead to a Return of Liquidity and NFPs Relative performance versus weakened cross currencies and a stable economic footing are unlikely to drive EURUSD below 1.3000 or GBPUSD through 1.6500. The next leg will be decided between Fed rate forecasts and the level of volatility in the markets. As it happens, ...
Amazon.com has been in late-stage talks to acquire video site Twitch, according to two people familiar with the matter, after reports that Google had virtually sealed a deal to acquire the site for $1 billion. Whether a deal has been signed remains unclear, but one person close to the transaction said it could be announced shortly. Spokespeople for Twitch and Amazon did not have an immediate comment. the source
Dollar’s Best Rally in 18 Months Will Stall Without Catalyst Looking into the dollar’s backdrop, there is little of the fundamental motivation we would normally expect the currency to advance on. Without a turn in speculative appetites, groundswell in the market’s rate forecasts or material drop in other majors; the dollar’s rally is ...