Trading the News: U.S. Non-Farm Payrolls (NFP) A 180K expansion in U.S. Non-Farm Payrolls (NFP) accompanied by a downtick in the jobless rate may trigger 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 raise the benchmark interest rate sooner rather than later. What’s Expected: Why Is This Event Important: ...
Retail sales in Australia came in flat in July, on a seasonally adjusted basis, the Australian Bureau of Statistics said on Thursday. more...
U.S. economic activity in the second quarter grew by slightly less than initially estimated, according to a report released by the Commerce Department on Friday. more...
U.S. economic activity in the second quarter grew by slightly less than initially estimated, according to a report released by the Commerce Department on Friday. The report said gross domestic product increased by 1.1 percent in the second quarter. more...
Trading the News: U.K. Jobless Claims Change Even though U.K. Jobless Claims are projected to increase another 9.0K in July, signs of stronger wage growth may keep the British Pound afloat, with GBP/USD at risk of staging a larger recovery should the data tame market expectation for additional monetary support. What’s Expected: Why Is This Event Important: The Bank of England (BoE) is widely ...
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