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 ...
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, ...
The US Dollar (USD) is tracking lower overall against the major currencies as last week’s bid tone fades and traders look ahead to this week’s risk events, Scotiabank's Chief FX Strategists Shaun ...
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 ...