Fundamental analysis of Forex market

NFP Preview: When Will Jobs Growth Get Back into Gear?

After a blistering recovery from the pandemic-induced recession through Q2 and Q3 of last year, the US labor market has downshifted sharply. Over the last three months, the NFP report ...
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US Yields Rise, FTSE Slips, Powell in Focus

European bourses are trading on the back foot following a weak handover from Wall Street and a sustained sell-off in Asia. Bond yield concerns are back to haunt investors after ...
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Crude Oil Shrugs Off OPEC+ Output Cuts Rollover

Bond-driven risk aversion dominated broader markets on Wednesday but crude shrugged it off on optimism that OPEC+ will rollover cuts. The US dollar as the top performer while the kiwi ...
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New Zealand Dollar Slips

The New Zealand dollar is down considerably in Wednesday trading. Currently, NZD/USD is trading at 0.7245, down 0.65% on the day. New Zealand dollar stabilizes The New Zealand dollar finds ...
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European Open: Australian GDP Beats, Index Futures Point Higher

Europe is set for a positive open after sentiment remained buoyant overnight, whilst the dollar could face further pressure over the coming session/s. Asian futures: Australia’s ASX 200 index rose ...
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What Does the UK Budget Hold for Sterling?

The Chancellor of the Exchequer will unveil the latest UK Budget on Wednesday at 12:30 GMT. It will likely include another massive round of spending to safeguard jobs and boost ...
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Loonie Remains Choppy Ahead Of Canadian GDP, OPEC+ Decision

Fourth quarter GDP numbers will be watched out of Canada on Tuesday (13:30 GMT) as the recovery is expected to have lost steam. Nevertheless, the Canadian dollar has been edging ...
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US: Manufacturing Sector’s Recovery Continues Unabated

TD Bank Financial Grouphttp://www.td.com/economics/The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources ...
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Can the RBA Shoot the Aussie Down?

The Reserve Bank of Australia (RBA) will conclude its March policy meeting at 01:30 GMT Tuesday. The domestic economy is doing well and commodity prices have soared, but the RBA ...
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Weekly Economic & Financial Commentary: The U.S. Economy Continues to Start 2021 on a High Note

U.S. Review The U.S. Economy Continues to Start 2021 on a High Note In January, personal spending increased at a robust 2.4% pace, while personal income soared 10.0%. The core ...
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The Weekly Bottom Line: BoC Govenor Strikes Cautious Tone

U.S. Highlights Federal Reserve Chairman Powell reassured markets that there will be no early tightening of monetary policy or drawdown of asset purchases even with a brighter economic outlook. Consumers ...
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