The Pound Sterling declines from 1.2740 against the US Dollar due to weak UK employment data and a firm US Dollar. The BoE could struggle to shift toward policy normalization as steady UK wage growth offset the impact of weaker employment levels. Investors see the Fed arguing to maintain a restrictive framework for longer. The […]
France ILO Unemployment came in at 7.2%, above forecasts (7.1%) in 2Q Source link
Share: June month employment statistics from the Australian Bureau of Statistics, up for publishing at 01:30 GMT on Thursday, will be the immediate catalyst for the AUD/USD pair traders. Market consensus suggests that the headline Unemployment Rate may remain unchanged at 3.6% on a seasonally adjusted basis whereas the Employment Change could rise […]
Share: USD/TRY fades latest run-up amid pre-data consolidation, edges lower around intraday bottom of late. Turkish inflation catalysts like CPI and PPI came in softer on YoY for June but PPI MoM jumped. Hawkish Fed Minutes, risk-off mood propel US Dollar and put a floor under Turkish Lira price. US ADP Employment Change, […]
Share: The Dow Jones Industrial Average gained 2% last week. DJIA index retreats 0.2% on Wednesday morning. FOMC minutes for June 13-14 meeting arrive Wednesday afternoon. 35,500 remains the primary Dow target for bulls. US June jobs report out on Friday with 225K the consensus. The Dow Jones Industrial Average (DJIA) edged down […]
