U.S. government data releases hold significant sway over the global over-the-counter forex market, as the U.S. dollar accounts for nearly 88% of all international forex transactions. While most ...
GBP/USD is defending minor bids near 1.3450 in the European trading hours on Tuesday. A fresh bout of selling in the US Dollar underpins the pair amid a cautious market environment as traders await ...
How Does NFP Affect Forex? NFP (Non-Farm Payrolls) is data released by the Bureau of Labor Statistics every year. For the Federal Reserve Bank, employment is a huge factor to consider. For example, ...
In today’s Market Outlook let’s take a look at Forex Trading on GBP/USD, the S&P 500, Silver, XAG/USD, Gold, XAU/USD, EUR/USD and USD/JPY. Last Friday’s Non-Farm Payroll figure was terrible causing ...
Friday April 7: Five things the markets are talking about Momentum in the U.S labor market was strong going into last month, however bad weather during non-farm payroll’s (NFP) mid-March sample week ...
Dollar higher ahead of NFP The US dollar is higher against most major currency pairs before the China-US summit and the release of the US employment report. Chinese President Xi Jinping has landed in ...