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Day: December 26, 2018

Shutdown won’t stop key jobs report or CPI, but other data could be impacted

The partial government shutdown will have some impact on the release of market-moving economic data, though the biggest reports likely won’t be affected. Most prominently, the Bureau of Labor Statistics still plans on releasing the critical nonfarm payrolls report Jan. 4. Likewise, the Labor Department’s weekly jobless claims data also will be released, according to …

Shutdown won’t stop key jobs report or CPI, but other data could be impactedRead More

Forex Correlation: Using Currency Correlation in Forex Trading

What is currency correlation? Currency correlation, or forex correlation, denotes the extent to which a given currency is interrelated with another, helping traders understand the price movements of currencies over time and influencing their forex decisions. Currencies are traded in pairs, meaning no single currency pair is ever isolated. This means traders need to understand …

Forex Correlation: Using Currency Correlation in Forex TradingRead More

Subdued Holiday Trading Continues, Yen and Swiss Franc Pare Gains

The forex markets are generally rather quite today as most major countries remained on holiday. After another day of free fall on Monday, US stocks futures point to higher open. DOW could recover by triple-digit but the sustainability of the rebound is questionable. There is no end in sight on US government shutdown. And, while …

Subdued Holiday Trading Continues, Yen and Swiss Franc Pare GainsRead More

Thin Trading Expected As The Christmas Celebrations Continue

Thin trading will be experienced today as people around the world are on their Christmas break. Many markets including Australia, United Kingdom and Canada will remain closed today. This comes after the markets in the United States saw major declines on Monday this week. Traders were concerned about the current issue of rising interest rates, …

Thin Trading Expected As The Christmas Celebrations ContinueRead More

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