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Euro Down on Recession Worries, Could Parity Against Dollar Provide Support for Long?

Euro ended as the worst performer last week on increasing worries of a deeper and longer recession. Selloff in the common currency also dragged down Swiss Franc, which ended as the second worst. Sterling was originally pressured by stabilized after...

AdminJul 9, 2022

Fundamental analysis of Forex market

Weekly Economic & Financial Commentary: Yield Curve Signals Recession on the Horizon

Summary United States: Payroll Growth Sizzles in June Despite Recession Fears June brought a strong 372K payroll gain, beating the consensus and calming recession concerns. The unemployment rate held at 3.6%. Total job openings remain highly elevated but fell by...

AdminJul 9, 2022

Fundamental analysis of Forex market

The Weekly Bottom Line: Job Gains Defy Recession Calls

U.S. Highlights Recession calls increased this week, but the job market begged to differ. The U.S. added 372k jobs in June, keeping the unemployment rate at its historic low of 3.6% and amplifying fears about inflation. In contrast, leading business...

AdminJul 9, 2022

Finance news

Stocks making the biggest moves midday: Upstart, WD-40, Vita Coco and more

The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Check out the companies making headlines...

AdminJul 8, 2022

Finance news

Number of Americans involuntarily working part-time falls by 707,000 to 3.6 million, lowest level in 21 years

Momo Productions | Digitalvision | Getty Images The number of Americans who want to work full-time but are forced to work part-time jobs declined in June to its lowest in more than 20 years, according to federal data issued Friday,...

AdminJul 8, 2022

Fundamental analysis of Forex market

Week Ahead – US Inflation on the Menu, BoC and RBNZ to Raise Rates

The summer calm will have to wait a little longer as the coming week is filled with crucial events. Canada and New Zealand are geared to raise interest rates, although their currencies are ultimately at the mercy of global recession...

AdminJul 8, 2022

Market overviews

Dollar Rising Again on Strong NFP Data

Dollar rises in early US session after stronger than expected non-farm payroll data. It’s also supported by extended rebound in 10-year yield, which reclaims 3%. Euro also follows German yield higher. On the other hand, Canadian Dollar turns softer after...

AdminJul 8, 2022

Fundamental analysis of Forex market

The Weekly Close Out

Commodities have seen some massive price swings. NFP up in a few hours could see some excitement into the weekend close. Read below to find out more. Dollar Index (DXY): Was shocked with some of the moves we saw in...

AdminJul 8, 2022

Technical analysis of Forex market

Euro Oversold, But Far from a Final Sell-off

The single currency fell to 1.0071 in the early European session on Friday. For EURUSD, it is a new low since December 2002 and a continuation of the massive sell-off that started last Tuesday. Looking solely at the technical picture,...

AdminJul 8, 2022

Technical analysis of Forex market

Dollar Index: Dollar Accelerates Higher, Eyes Fresh Support from US Job Report

The dollar index resumes a steep ascend after a brief pause on Thursday, boosted by strong safe-haven demand on economic and political uncertainty. The index hit new highest since Oct 2002 and eyes pivotal Fibo barrier at 109.14 (76.4% of...

AdminJul 8, 2022

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Jan Rejnek

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Liudmila

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Author: Admin

Euro Down on Recession Worries, Could Parity Against Dollar Provide Support for Long?

Weekly Economic & Financial Commentary: Yield Curve Signals Recession on the Horizon

The Weekly Bottom Line: Job Gains Defy Recession Calls

Stocks making the biggest moves midday: Upstart, WD-40, Vita Coco and more

Number of Americans involuntarily working part-time falls by 707,000 to 3.6 million, lowest level in 21 years

Week Ahead – US Inflation on the Menu, BoC and RBNZ to Raise Rates

Dollar Rising Again on Strong NFP Data

The Weekly Close Out

Euro Oversold, But Far from a Final Sell-off

Dollar Index: Dollar Accelerates Higher, Eyes Fresh Support from US Job Report

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