• December 2, 2022
  • Market News
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NFP Posts Yet Another Beat as US Job Market Proves Resilient, USD Rises

Early effects of tighter policy were revealed in the lower October CPI print are not at odds of a stubbornly resilient job market and signs of increasing wage growth inflation...
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  • December 2, 2022
  • Market News
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EUR/USD Consolidates Above Psychological 1.0500 level. Further Gains in Store?

EUR/USD alternates between gains and losses as the NFP release approaches. Can the NFP data offer the dollar some support?...
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  • December 2, 2022
  • Market News
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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies...
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  • December 2, 2022
  • Market News
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USD/JPY Slumps Further Ahead of a Key US Jobs Report

The US dollar’s spectacular fall from grace continues with the greenback shedding 12% against the Japanese Yen in just over five weeks....
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  • December 2, 2022
  • Market News
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Crude Oil Update: Brent Eyes OPEC+ and Russian Oil Price Cap

Brent crude oil looks ahead to NFP data later today but remains focused on OPEC+ and the EU cap on Russian seaborne oil....
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  • December 2, 2022
  • Market News
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Despite VIX Collapse, S&P 500 Rally Stalls But USDJPY Tumble Catches Ahead of NFPs

There was no small measure of fundamental whiplash this past session. Despite the Fed’s favorite inflation indicator cooling on the back the market’s positive take on Powell’s remarks, the S&P 500’s breakout stalled. Nevertheless, the VIX dropped below 20 and the Dollar has finally broke...
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  • December 2, 2022
  • Market News
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Dow Rally Falters Despite Cooler Inflation, NFPs Now an Open-Ended Event

The US indices – led by the blue chip Dow Jones Industrial Average – were knocked off course of a bullish breakout just a day after the initial launch. The monetary policy backdrop seemed to build upon Powell’s remarks Wednesday, but manufacturing activity brings recession concerns back into t...
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  • December 2, 2022
  • Market News
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Bitcoin Prices Humbled by Resistance – BTC/USD Slips Below $17000.

Bitcoin prices have fallen back into a narrow range of technical support and resistance that has restricted bulls or bears from gaining traction....
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  • December 2, 2022
  • Market News
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USD/ZAR Rallies as SA President Ramaphosa Faces Potential Impeachment

USD/ZAR has rallied after a panel found SA President Cyril Ramaphosa guilty of violating his oath of office. Will the president resign, or could he be impeached?...
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  • December 1, 2022
  • Market News
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USD Breaking News: Core PCE Data Leaves Dollar on the Backfoot

The US dollar continues its downward trajectory after the core PCE statistic showed support to Fed Chair Jerome Powell’s dovish statement last night....
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