US NFP Data for October NFP 150k vs 180k estimate, September’s 336k print revised lower to 297k. Unemployment rate 3.9% vs 3.8% exp Fed funds futures lower estimates of another Fed hike this year Immediate market reaction: USD, yields drop while gold rises The analysis in this article makes use of chart patterns and key … ادامه
Gold (XAU/USD) Analysis, Prices, and Charts US Treasury yields stem recent sell-off. US NFPs are the next potential driver of price action. Recommended by Nick Cawley Get Your Free Gold Forecast DailyFX Economic Calendar Gold is struggling to regain its recent highs despite US Treasury yields turning sharply lower this week. There is a growing … ادامه
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, S&P 500 Analysis and Charts FTSE 100 in bullish short-term form The rally off the 7300 continued on Thursday, with impressive gains for the index that have resulted in a move back through 7400. This now leaves the index on the cusp of … ادامه
POUND STERLING ANALYSIS & TALKING POINTS BoE sentiments linger in favor of sterling. US NFP and services PMI to dominate headlines later today. GBP/USD eyes symmetrical triangle breakout. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key market catalysts that … ادامه
US NFP REPORT KEY POINTS: The U.S. economy is forecast to have created 180,000 jobs in October The unemployment rate is seen holding steady at 3.8% A weak NFP report would be bearish for the U.S. dollar, creating the right conditions for a moderate rally in EUR/USD and GBP/USD Trade Smarter – Sign up for … ادامه
USD/CAD PRICE, CHARTS AND ANALYSIS: Read More: The Bank of Canada: A Trader’s Guide USDCAD has continued to selloff today following a rejection at the 1.3900 resistance level. The decline in the DXY has helped USDCAD push lower as well in what will be a welcomed by the Bank of Canada and Canadian consumers. In … ادامه
USD/JPY AND AUD/USD OUTLOOK: USD/JPY retreats for the second straight day as the broader U.S. dollar softens after the Fed fails to steer markets toward pricing another hike Meanwhile, AUD/USD breaks out to the topside after clearing trendline resistance Attention now turns to Friday’s U.S. economic data, which includes the nonfarm payrolls report and the … ادامه
SP 500 & NAS100 PRICE FORECAST: SPX and NAS 100 Continue to Advance, Now Up 4.7% and 5.7% Since the Recent Lows. Market Participants Buoyed on Belief that the Central Bank Hiking Cycles are Over Which Could Keep US Equities Supported. Apple Earnings Are Due After Market Close Today as US Jobs Data Tomorrow Could … ادامه
Gold (XAU/USD) Analysis Gold’s Bullish Momentum Weighed Down by General Lift in Sentiment The FOMC statement and presser resulted in a reduced expectation that the Fed will hike rates in December – the final meeting for the year. Jerome Powell attempted to keep the door open for another rate hike after expressing that the majority … ادامه
EUR/USD ANALYSIS Euro area economic situation stays weak but EUR bulls capitalize on US data. NFP and US ISM services PMI in focus tomorrow. EUR/USD stays within developing rising wedge. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts … ادامه