Analysis

NFP Shocks Market, Triggers Dollar Surge

NFP Shocks Market, Triggers Dollar Surge

Last Friday's U.S. Nonfarm Payroll (NFP) report rattled financial markets with a significantly higher-than-expected reading, far surpassing both market expectations and the previous month's figures. The robust job data dashed hopes for an early rate hike from the Federal Reserve.
PU Prime | 1 day ago
Daily Global Market Update

Daily Global Market Update

Oil dipped slightly but may rebound soon. AUD/USD may find support soon, EUR/USD likely to decline further, USD/JPY flat but may rise. Gold prices fell on strong US jobs data. Investors await inflation data and Fed meeting to assess economic outlook. S&P 500 up 12% YTD. Upcoming events: US bill auctions, Finland industrial output, Australia industrial production, Japan economic surveys.
Moneta Markets | 1 day ago
Crypto market quiet

Crypto market quiet

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market quiet
FxPro | 4 days ago
Dollar trades sideways ahead of NFP

Dollar trades sideways ahead of NFP

ECB cuts rates but outlook remains unclear. Market is focusing on the US labour market data. Weaker prints could open the door to a dovish Fed meeting. Stock markets could suffer if there is an upside surprise today
XM Group | 4 days ago
USDCAD holds within recent range

USDCAD holds within recent range

USDCAD constrained within a range as US & Canadian jobs data awaited at 12:30 GMT. Bulls need a rally above 1.3775; bears could take control below 1.3578.
XM Group | 4 days ago
Daily Global Market Update

Daily Global Market Update

Financial markets update: GBP/USD stable, Bitcoin dips, Oil jumps on ECB rate cut, AUD/USD rises. Crypto purchases via MasterCard resume, GameStop surges. Key economic events today include US jobs data, Japan's economic indicators, and Eurozone GDP. Stay informed!
Moneta Markets | 4 days ago
Market Awaits for Crucial NFP

Market Awaits for Crucial NFP

All eyes are on today’s Nonfarm Payroll (NFP) and U.S. unemployment rate data, which could be the final piece of the puzzle for the Federal Reserve's rate cut decision this year.
PU Prime | 4 days ago
Forex Market Report - 7th June 2024

Forex Market Report - 7th June 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets | 4 days ago
Gold prices reach 2368 USD amid speculation of Fed rate cuts

Gold prices reach 2368 USD amid speculation of Fed rate cuts

Gold prices climbed to 2368 USD per troy ounce on Thursday, continuing the upward momentum for the second session. This surge comes as market expectations adjust to the likelihood of future interest rate cuts by the Federal Reserve, fuelled by recent employment data.
RoboForex | 5 days ago
Crypto takes its time

Crypto takes its time

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto takes its time
FxPro | 5 days ago
Daily Global Market Update

Daily Global Market Update

Currency markets mixed: dollar up on data, yen gains despite technical signal. Gold jumps on momentum indicator, NIO stock drops opposite of its technical reading. Stocks surge to new highs on tech strength, Bank of Canada cuts rates first in G7. Watch Germany factory orders, Australia trade data, Japan spending, and US jobs data today.
Moneta Markets | 5 days ago