09 Aug 20 (Sun)
Pay Attention To US CPI Inflation This Week EUR/USD: US Nonfarm Payrolls (NFP) rose by 1.8 million in July. This reading beat the market expectation of 1.6 million by a small margin and followed June's print of 4.791K. Further details of the publication revealed that the Unemployment Rate fell to 10.2% to come in better than an estimate of 10.5. In the upcoming week, The Eurozone GDP will be published on Friday and i...
07 Aug 20 (Fri)
All eyes will be on the US Non-Farm Payrolls today! The US Jobs Report will be released at 12:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction, and goods companies. It does not include farming industry employment. The US Jobs Report is so important for the upcoming Fed decisions. U.S. Republicans and Democrats have so far failed to reach an agreement on the cost of fiscal stimulus measures that many investors say is necessary to prevent the economy from losing more momentum...
02 Aug 20 (Sun)
Watch Out For The US Non-Farm Payrolls This Week EUR/USD: The Federal Reserve kept rates unchanged last Wednesday and pledged to keep the monetary spigot wide open until the economy has weathered the impact of the virus. Fed reiterated commitment to using a full range of tools to support the US economy. Fed also added that Economic activity, financial conditions, and employment has improved somewhat in recent months but still well...
26 Jul 20 (Sun)
Get Ready For Fed Interest Rate Decision This Week EUR/USD: EU summit closed with 750 billion Euros of the aid package last week. European leaders finally agree over 750 billion Euros of fiscal stimulus. After laborious talks of five days, policymakers of the bloc managed to the bifurcation of 360 billion of loans and 390 billion of grants as a part of the Recovery Fund. The Gold, Silver, and Euro surged after European l...
19 Jul 20 (Sun)
Weekly Technical Analysis For July 20th to 25th, 2020 What To Watch For Trading This Week EUR/USD: The Euro stayed strong against the US Dollar after the ECB Rate Decision last week. The European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25%, and -0.50%,...
12 Jul 20 (Sun)
Pay Attention To US CPI inflation And ECB Rate Decision This Week EUR/USD: Investors have turned to the safe-haven asset as the COVID-19 cases surged last week, and dampened hopes of an economic recovery. U.S. Supreme Court ruling allowed prosecutors access to U.S. President Donald Trump’s financial record. The ruling dealt a blow to Trump’s battle to keep the details of his finances und...
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