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Nick Timiraos says today's jobs report wasn't alarming enough to put a July rate cut on the table (pricing is just 5%) but says that it coul...

When the market trends, traders are better served to understand when the market shifts the trend, versus trying to pick a top or bottom depe...

Prior was 52.0Non-seasonally adjusted vs 59.1 priorThis is a low-tier indicator but the Bank of Canada is in a tight spot right now. The mar...

The long-term, secular case for gold is that Russia, China, India and the Middle East are buying in increasing amounts. However the gold ral...

In the kickstart FX video from July 5, 2024, I take a technical look at the three major currency pairs – the EURUSD, USDJPY and GBPUSD. Toda...

USD/JPY tells a story of a market that isn't sure what it wants to do with the non-farm payrolls data. The headline beat estimates but it's...

Prior was +272KDetails of the May 2024 jobs report:Two-month net revision K vs -15K priorUnemployment rate % vs 4.0% expectedPrior unemploym...

Prior month 26.7KEmployment change -1.4K vs 22.5K estimateUnemployment rate 6.4% vs 6.3% estimate. Prior month employment rate 6.2%Full-time...

I posted this during the Asian timezone but doing so again now for those who may have missed it. You can see the consensus estimate in the s...

A July move is a non-starter but the odds of a September rate cut are currently at ~80%. As for the year itself (four meetings left), a tota...

Headlines:What NFP data could surprise the market?Labour party wins UK general election, beating 326-seat majority threshold in the CommonsB...

FundamentalOverviewAfter a couple of weeks ofconsolidation, the S&P 500 this week found some footing and eventuallyextended the rally int...

In the Asian session, Eamonn published a nice article on the range of estimates for today's US NFP report. These ranges are important in ter...

FundamentalOverviewThe USD weakened across theboard following soft US Jobless Claims and ISM Services PMI reports. Overall, the data didn’...

Prior -0.5%; revised to -0.2%The reading is marginally off estimates but a better revision is seen for April at least. Here is the breakdown...

● TheUS Department of Labor will release its report on Friday, the 5th of July.Nonfarm payrolls (NFP) are expected to have declined t...

There's not much in it among major currencies but the dollar is continuing to hold more sluggish on the week. EUR/USD is holding within a 20...

FundamentalOverviewThe USD weakened across theboard following soft US Jobless Claims and ISM Services PMI reports. Overall, the data didn’...

It's ok to fall. It's not ok to stay there. Perhaps that'sthe new motto at Elon Musk's Tesla. The company has erased its year-to-datelosse...

FundamentalOverviewThe USD weakened across theboard following soft US Jobless Claims and ISM Services PMI reports. Overall, the data didn’...

Eurostoxx +0.3%Germany DAX +0.3%France CAC 40 +0.2%UK FTSE +0.3%Spain IBEX +0.1%Italy FTSE MIB +0.1%The CAC 40 index has bounced back quite...

Prior -€7.58 billion; revised to -€7.56 billionHere is the breakdown: This article was written by Justin Low at www.forexli...

What a mauling. Among the big names on the list are Penny Mordaunt, leader of the House of Commons, and Grant Shapps, defence minister. The...

There is just one to take note of, as highlighted in bold.That being for EUR/USD and a rather large one at that at the 1.0800 mark. However,...

Prior -0.1%; revised to +0.1%It's another dismal reading for German industrial output, once again reflecting rather poor conditions in the s...