The unemployment rate in Australia came in at a seasonally adjusted 5.6 percent in September, the Australian Bureau of Statistics said on Thursday. more...
Trading the News: European Central Bank (ECB) Interest Rate Decision Even though the European Central Bank (ECB) is widely anticipated to retain its current policy in October, the EUR/USD may face a sharp move should President Mario Draghi & Co. take additional steps to further support the monetary union. What’s Expected: Why Is This Event Important: After cutting the growth forecast in September, ...
The unemployment rate in Australia was a seasonally adjusted 5.6 percent in September, the Australian Bureau of Statistics said on Thursday. more...
Trading the News: U.K. Consumer Price Index (CPI) A material pickup in both the headline and core U.K. Consumer Price Index (CPI) may sap the bearish sentiment surrounding the British Pound and spark a larger recovery in GBP/USD especially as a growing number of Bank of England (BoE) officials see a greater threat of overshooting the 2% target for inflation. What’s Expected: Why Is This Event Important: ...
Trading the News: U.S. ISM Non-Manufacturing A rebound in the U.S ISM Non-Manufacturing survey may fuel the near-term strength in the greenback and spark a selloff in EUR/USD should the report boost expectations for a 2016 Fed rate-hike. Why Is This Event Important: It seems as the Federal Open Market Committee (FOMC) is taking a similar path to 2015 as a growing number of officials endorse higher borrowing-costs, and the central bank may continue to ...
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