May’s job gains were “solid” but not enough to change the direction of monetary policy, Cleveland Fed President Loretta Mester told CNBC. “Bottom line, I would like to see further progress than where we are right now,” Mester told CNBC’s Steve Liesman during a live “Squawk on the Street” interview Friday. The Labor Department reported
USD/CAD fell sharply in the early American session. Nonfarm Payrolls in US rose less than forecast in May. Employment in Canada declined by 68,000, Unemployment Rate rose to 8.2%. The USD/CAD pair rose to its highest level in a week at 1.2134 on Friday but turned south in the second half of the day. After
GBP/USD Forecast: To 1.40 or 1.42? All eyes on US Nonfarm Payrolls Sterling has succumbed to data and Fed-related dollar strength. Nonfarm Payrolls and also worries about the Delta variant are set to move the currency pair. Friday’s four-hour chart is showing that cable is at crossroads. Down but not out – that is probably
? Download the Excel Sheet I used for Back testing – https://bit.ly/backtestingtool1 **************** In this video, I’m revealing a simple trading strategy that is proven to have a high win rate , At the end of the video, I’m going to show you proof of it having a high win rate by back testing the
Live NY Session Hosted 6.30am EST Mon to Fri. Ask questions. Post charts and get feedback. This is for educational purposes ONLY. WATCH THIS BEFORE THE LIVE STREAM : RULES – https://youtu.be/nRWABDyt5DI Broker I use: Dominion Markets https://www.dominionmarkets.com/ Other Trusted broker: Traders Domain: https://my.thetradersdomain.com First Mentorship Intake of 2021, 25th April https://bit.ly/2MXplxd Get a funded
? SUBSCRIBE TO MY NEW FOREXVISIT CRYPTO YOUTUBE CHANNEL NOW ? https://www.youtube.com/channel/UCbH1vfRbZEbsBNkm8tv6Q-g ? SUBSCRIBE TO THE FOREXVISIT YOUTUBE CHANNEL NOW ? https://www.youtube.com/c/ForexVisit If you want more Actionable Forex Premium Strategies, Go to:- https://forexvisit.com/courses/a-to-z-advance-price-action-course/ For Premium Signals- https://forexvisit.com/go-premium/ Visit- https://forexvisit.com Recommended Low Spread Forex Brokers:- 1- https://www.exness.com/a/nxs7yn4aac 2- https://www.icmarkets.com/?camp=16011 3- https://www.forextime.com/?partner_id=4804682 Follow Us on:- https://www.facebook.com/ForexvisitOfficial https://www.instagram.com/forexvisitofficial/
Dow snaps five they win streak The NASDAQ index is leading the decline with its biggest decline in three weeks. It also increases the up one day/down the next day string to 11 consecutive days. S&P index is down for the second time in three days Dow industrial average snaps it’s a five date when
Can the dollar build on its gains from yesterday? There is a good argument going into the non-farm payrolls release later that the dollar has built up expectations of a strong report, in which the threshold for further gains may be even higher than before we got the ADP and jobless claims yesterday. One thing
NEW DELHI: Gold prices weakened to near two-week lows on Friday and looked set for their worst week in three months. Robust US economic numbers boosted dollar and bond yields. Yellow metal edged lower in domestic markets, falling from five-month highs. All focus shifts to much awaited May non-farm payroll numbers. The number of Americans
Dollar rose broadly overnight, following solid job and services data, and remains firm in Asian session. Nevertheless, the real test lies in today’s non-farm payroll report. As of now, Yen is the second strongest for the week, following the green back. Canadian Dollar is the third strongest, and will face the test of its own
Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic, the Labor Department reported Thursday. First-time filings for unemployment benefits totaled 385,000 for the week ended May 29, a decline from the previous week’s 405,000 and below the Dow Jones estimate of 393,000. Zoom In IconArrows pointing
In this article LULU Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon on Thursday reported fiscal first-quarter revenue that soared 88%, topping analysts’ estimates, as shopper traffic steadily rebounded to its stores. The leggings maker also
The corrective downside in AUD/USD is seen facing a solid support around 0.7625 in the next weeks. Key Quotes 24-hour view: “The sharp plunge in AUD to an overnight low of 0.7646 came as a surprise. The rapid decline is deeply oversold and while AUD could weaken further, it is unlikely to threaten the next
A trade is profitable only if both the purchase and the sale are done at the right time. Many times, traders sell their positions too early and leave profits on the table or they keep holding on to the trade even after the trend changes. This leads to profits evaporating, and many times the trade
Moves away from consolidation area. The AUDUSD has been stuck within a trading value area between 0.7700 and 0.7795 since May 12. There was an extension to an extreme low to 0.76269 last week, but that was quickly erased. Today, the pair saw a London session high that stalled just below the 200 hour moving average at 0.77404 (green line), and break -with
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
NEW DELHI: Gold in the national capital on Thursday dipped Rs 339 to Rs 48,530 per 10 gram following decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,869 per 10 gram. Silver also tumbled Rs 475 to Rs 70,772 per kilogram from
Dollar trades slightly higher in early US session on much better than expected ADP private job data. Though, upside is so far limited, as traders remain cautious ahead of tomorrow’s non-farm payrolls report. Sterling is following as the second strongest for today, then Yen. On the other hand, commodity currencies are generally lower, as led