DailyFX - Forex Market News
The latest US Jobs Report showed just 175k new jobs created in April, missing expectations of 243K. The unemployment rate also ticked higher while wage growth remained subdued.
The Euro has shared in broad non-Dollar gains despite the prospect of ECB divergence from the Fed.
Risk markets are mildly positive ahead of the latest US Jobs Report (NFPs) after the 2nd largest company in the world, Apple, announced a record-breaking USD110 billion buyback program.
This article provides an in-depth examination of the U.S. dollar's fundamental and technical outlook, considering various scenarios that could unfold after the April U.S. jobs report is released.
The Federal Reserve didn’t help oil bulls as its inflation-fretting has seen us rate-cut doubts grow
Fed Chair Jerome Powell gave financial markets a slight dovish nudge last night, seemingly ruling out any US interest rate hikes. Yesterday’s weak JOLTs data put the spotlight on Friday’s NFP report.
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