The most significant event is the U.S. Non-Farm Payrolls today. It will be announced at 13:30 p.m. (GMT) and the Jobs Report is an important determinant of Fed rate hike in the upcoming decisions. The Federal Reserve left interest rates unchanged on Wednesday, keeping them in a range between 1.25% - 1.50%. The Fed said the inflation remained low but is expected to move up in the coming months. The policy meeting was Fed Chair Janet Y...
09 Jul 18 (Mon)
12:32 pm Read MoreAll eyes will be on U.S. Non-Farm Payrolls today. It will be announced at 13:30 p.m. (GMT) and the Jobs Report is a significant determinant of Fed rate hike in the upcoming decisions. The US Dollar traded lower versus all of the major currencies. The recent economic data and Wednesday’s December FOMC meeting minutes did not support the greenback. However, US Nonfarm Payrolls report could be a very strong figure today. In t...
09 Jul 18 (Mon)
12:30 pm Read MoreThe most important event will be US Non-Farm Payrolls today. It will be announced at 13:30 p.m. (GMT) and the Jobs Report is a significant determinant of Fed rate hike in December 12-13 meeting. The greenback appreciated against a basket of major currencies on this week, thanks to a renewed sense of optimism on US tax reforms. Other bullish factors that boosted the dollar higher included the eased concerns over a possible government...
09 Jul 18 (Mon)
12:28 pm Read MoreInvestors will focus on U.S. Non-Farm Payrolls today. It will be announced at 12:30 p.m. (GMT) and the Jobs Report is a significant determinant of Fed rate hike in December The employment data is expected to show a strong in jobs growth after Hurricanes Harvey and Irma impacted the September report. Note that; the FOMC kep...
09 Jul 18 (Mon)
12:16 pm Read MoreThe US Non-Farm Payrolls will be published today. It will be announced at 12:30 p.m. (GMT) and the Jobs Report is a significant determinant of Fed rate hike in December The Fed forecast still signals another 2017 hike and three more in 2018. The hawkish Fed outlook helped US Dollar. The U.S. Trade Balance and GDP were better than expected in September. Trump tax announce...
09 Jul 18 (Mon)
12:15 pm Read MoreWill Non-Farm Payrolls Support the US Dollar Today? We will view the Non-Farm Payrolls from the US today. It will be announced at 12:30 p.m. (GMT) and the Jobs Report is a significant determinant of Fed rate hike in September. Investors are worried about geopolitical tensions between the United States and...
09 Jul 18 (Mon)
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