Share: Gold pulls lower as US Nonfarm Payrolls increase above expectations in November. The Precious metal is testing recent lows amid a stronger US Dollar. Higher...
Share: Nonfarm Payrolls (NFP) in the US rose by 199,000 in November, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed October’s...
Share: The Australian Dollar maintains a mild positive tone with bears capped at 0.6590 so far. The pair is likely to remain in range ahead...
Share: Analysts at TD Securities (TDS) offer a sneak peek at what they expect from Friday’s United States (US) labor market report for November. Key quotes “We...
Share: Gold price ticks higher for the third successive day on Friday, albeit lacks follow-through. Growing acceptance that interest rates in the US have peaked continues...
Share: Dow Jones Industrial Index gained 11.8% over the previous five weeks but sold off from Monday through Wednesday of this week. US Jobless Claims arrived...
Share: Gold price ticks higher for the second straight day and draws support from a combination of factors. Hopes that interest rates have peaked globally act...
Share: The EUR/USD is down a further 0.3% after Eurozone Retail Sales missed expectations. The Euro has steadily declined through the American market session as the...
Share: Commodity Strategists at TD Securities (TDS) explained their strategy for trading Silver price heading into Friday’s critical US Nonfarm Payrolls release. Key quotes “Buying exhaustion...
Share: The Kiwi has seen two consecutive down days, pulling the NZD down from 0.6200. Market risk appetite has turned south this week, pushing investors into...
Share: The USD/CHF is grinding higher to eke out a second daily high, but momentum remains thin. The US Dollar remains steeply sold-off against the Swiss...
Share: Standard & Poor’s 500 index has gained for five consecutive weeks. US Treasury yields rise more than 1% along much of the curve. Friday’s Nonfarm...
Share: USD/CAD falls vertically below 1.3700 after the release of the US/Canada labor market data. US/Canada job growth slowed in October more than expected. Slower job...
Share: Silver price climbs sharply above $23.00 on soft labor, Services PMI data. The US workforce witnessed fresh additions of 150K vs. expectations of 180K. The...
Share: Gold price capitalizes on softer-than-anticipated US labor market data. Job growth was expected to have slowed in October due to the United Auto Workers strike. Geopolitical...
Share: Nonfarm Payrolls surprised expectations to the downside in October. This brought the USD lower from its high ground. Economists at TD Securities analyze Greenback’s outlook....
Share: The Canadian Dollar is bounding higher, extending weekly gains. Canada Unemployment Rate missed forecasts, hampering CAD upside. CAD gains 17.5K jobs, entirely part-time employment; wage...
Share: US Nonfarm Payrolls are forecast to rise by 180K in October, nearly halving from September’s 336K increase. Headline NFP and Average Hourly Earnings data are...
Share: The main event today will be the US employment data. Economists at Commerzbank analyze how USD could react to the Nonfarm Payrolls report. Another positive...
Share: Gold price trades with a positive bias for the second straight day, albeit lacks follow-through. A positive risk tone caps gains for the metal amid...