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Day: August 9, 2021

Job openings surge above 10 million for first time ever, Labor Department says

The number of job openings in the U.S. economy jumped to more than 10 million in June, the highest on record, as the U.S. labor market continues a choppy recovery from last year’s economic shutdowns, the Labor Department said Monday. There were 10.1 million open jobs on the final day of June, the report said, …

Job openings surge above 10 million for first time ever, Labor Department saysRead More

AUDUSD Finds Support but Outlook Still Bearish

AUDUSD gained some positive traction after steadying in the well-established 0.7335 support region following Friday’s sharp selloff. The price is currently moving higher and the stochastics are also pointing up, suggesting there could be further moderate gains in the coming sessions. However, the MACD histogram remains below zero and the red signal line continues to …

AUDUSD Finds Support but Outlook Still BearishRead More

Dollar Digesting Gains Awaiting Fed Speaks, Markets Turned Mixed

Overall markets are mixed today, as Dollar is digesting some of last week’s gains, awaiting more guidance from FOMC members regarding tapering. New Zealand and Canadian Dollar are the stronger ones for now. But Australian Dollar is among the weakest together with Euro and Swiss France. Yen and Sterling is slightly firmer. Gold and silver …

Dollar Digesting Gains Awaiting Fed Speaks, Markets Turned MixedRead More

Stocks making the biggest moves in the premarket: Sanderson Farms, U.S. Foods, Tyson Foods and more

Take a look at some of the biggest movers in the premarket: Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion, or $203 per share, by privately-held food producer Cargill and agriculture investment firm Continental Grain. The all-cash deal represents an 11.3% premium over Friday’s closing price for Sanderson …

Stocks making the biggest moves in the premarket: Sanderson Farms, U.S. Foods, Tyson Foods and moreRead More

Dollar Eases From Post-NFP Highs, Gold Steadies After Crash

Dollar off highs but elevated after strong NFP puts September taper back on the table Gold plunges below $1,700 before rebounding as yields spike, but oil’s rout deepens Stocks undaunted by prospect of earlier Fed tapering as Wall Street sets new records Taper speculation heats up after bumper US jobs report Markets were left wondering …

Dollar Eases From Post-NFP Highs, Gold Steadies After CrashRead More