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Mary Daly: The Fed is Far from Done
Strong labor market dismisses the idea of a current recession. FED officials suggest interest rates can remain high for some time
GBP/USD Weekly Forecast: BoE Expects A Recession, Sterling Breakdown
GBP Suffers on the BoE’s Bleak Outlook
DAX 40 Stalls Near Key Levels as Investors Seek Guidance from US Jobs Report
The index is on course for its third week of gains as investors await US payroll data for clues on Fed rate hikes.
US Economy Adds 528,000 Jobs, Defying Recession Gloom, S&P 500 at Major Juncture
The US economy created 528,000 new jobs in July, beating expectations by a wide margin and signaling that the labor market remains strong and that recession fears may be overblown.
AUD/USD Forecast: Aussie Weaker as Global Risk Sentiment Outweighs RBA
AUD trades weaker in the midst of global recessionary fears, while markets await U.S. NFP data later today.
Canadian Dollar Forecast: USD/CAD Supported on Softer Oil Prices
USD/CAD finds support from softer oil prices. Eyes on jobs report
Bitcoin (BTC), Ethereum (ETH) Latest – Time for Volatility to Pick Up
It’s been a lean time for cryptocurrency traders of late with little in the way of strong trends and price action to trade. This may be about to change.
EUR/USD Update: EURUSD Rallies Ahead of NFP, Trading Range in Focus
EUR/USD approached a major level of resistance ahead of NFP data later today – highlighting the recent trading range
Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY
The Japanese Yen has been on a volatile ride of late as yields have surged after a precipitous drop.
