Trading the News: U.K. Jobless Claims Change GBP/USD may continue to carve a near-term series of lower highs & lows as U.K. Jobless Claims are projected to increase another 2.0K in October, but a marked pickup in household earnings may heighten the appeal of the British Pound as the Bank of England (BoE) warns ‘monetary policy can respond, in either direction.’ What’s Expected: Why Is This Event Important: ...
Trading the News: U. of Michigan Confidence Survey A rebound in the U. of Michigan Confidence survey may spark a bullish reaction in the U.S. dollar and fuel the recent selloff in EUR/USD should the data print highlight an improved outlook for growth and inflation. What’s Expected: Why Is This Event Important: The Federal Open Market Committee (FOMC) looks poised to deliver a December rate-hike ...
Australia posted a seasonally adjusted merchandise trade deficit of A$1.227 billion in September, the Australian Bureau of Statistics said on Thursday. more...
Building approvals in Australia were down a seasonally adjusted 8.7 percent on month in September, the Australian Bureau of Statistics said on Wednesday, coming in at 18,945. more...
Trading the News: U.S. Gross Domestic Product (GDP) The U.S. economy is projected to grow an annualized 2.5% in the third-quarter of 2016, and a marked pickup in the Gross Domestic Product (GDP) may boost the appeal of the greenback and trigger a near-term decline in EUR/USD as it fuels speculation for an imminent Fed rate-hike. What’s Expected: Why Is This Event Important: It seems as though ...
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