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Month: March 2021

Private payrolls hiring bursts at fastest pace since September on rise in hospitality hiring

Waiter Boris Macquin serves customers behind plexiglass outside at Figaro Bistro on the first day Los Angeles County allows indoor seating since the coronavirus pandemic on March 15, 2021 in Los Angeles, California. Gina Ferazzi | Los Angeles Times | Getty Images Private payrolls in March expanded at the fastest pace since September as anticipation …

Private payrolls hiring bursts at fastest pace since September on rise in hospitality hiringRead More

CFOs haven’t been this upbeat about the global economy since 2018: CNBC survey

In the U.S., a consumer that represents 70% of the economy is seen as key to a continued recovery, and confidence surged in March to its highest level since the pandemic began. cihatatceken | iStock | Getty Images Covid cases and variants are rising, but in the race between the vaccines and virus, chief financial …

CFOs haven’t been this upbeat about the global economy since 2018: CNBC surveyRead More

Pending home sales fell over 10% in February, as record low supply stifles the housing market

A sale pending sign is posted in front of a home for sale on July 17, 2014 in San Francisco, California. Justin Sullivan | Getty Images The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales. Pending home sales, a measure of signed …

Pending home sales fell over 10% in February, as record low supply stifles the housing marketRead More

Sterling and Loonie Rises, Dollar Shrugs ADP and Awaits Biden

Yen remains generally weak in early US session today. But buying focuses against the Japanese currency has somewhat turned from Dollar to Sterling and Canadian. Both the Pound and Loonie were lifted slightly be better than expected GDP data. On the other hand, Dollar’s rally is losing some momentum. Traders are turning their attention to …

Sterling and Loonie Rises, Dollar Shrugs ADP and Awaits BidenRead More

USD/JPY Pair Moved Further Into A Positive Zone Above The 110.00 Resistance Level

The US Dollar started a strong increase from the 108.80 support zone against the Japanese Yen. The USD/JPY pair broke the 109.00 and 110.00 resistance levels to move further into a positive zone. It even surpassed the 110.50 resistance and settled above the 50 hourly simple moving average. A high is formed near 110.73 and …

USD/JPY Pair Moved Further Into A Positive Zone Above The 110.00 Resistance LevelRead More

GBP/USD Outlook: Better Than Expected UK Data Lift Cable But Near-Term Action Remains In A Range

Cable bounces in European trading on Wednesday after data showed the UK economy grew above expectations in Q4 2020 and current account deficit, although widened below forecasts. The recovery of two-day drop so far stays below pivotal barriers provided by 10 DMA (1.3789) and 55DMA (1.3820), weighed by Monday’s strong upside rejection that left bearish …

GBP/USD Outlook: Better Than Expected UK Data Lift Cable But Near-Term Action Remains In A RangeRead More

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