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Month: June 2022

Cryptocurrencies

US ADP jobs rose 128k, growth rate tempered

US ADP private employment rose 128k only in May, well below expectation of 280k. By company size, small businesses jobs dropped -91k, medium businesses rose 97k, large businesses rose 122k. By sector, goods-producing jobs rose Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

ADP May Employment Report Suggests Fewer Jobs Gains As Hiring Slows, Quits Near Record

Another weaker-than-expected reading for private sector job gains sets up a complicated May non-farm payroll report on Friday. Updated at 8:25 am EST The U.S. economy added far few private sector jobs than expected last Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

DeLorean Pulls Out All Stops to Eclipse Tesla

DeLorean shifts into high gear as the company releases images of its Alpha5 electric vehicle. The Alpha5 is fast, but can it keep up with Tesla  (TSLA) – Get Tesla Inc Report? The DeLorean Motor Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

GBPCAD Wave Analysis

GBPCAD reversed from key support level 1.5795 Likely to rise to resistance level 1.5970 GBPCAD recently reversed up from the key support level 1.5795 (which stopped wave (iii) in the middle of May) – standing Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

EURJPY Wave Analysis

EURJPY broke key resistance level 138.15 Likely to rise to resistance level 140.00 EURJPY recently broke the key resistance level 138.15 (which stopped waves (a) and (b) at the start of May). The breakout the Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

WTI Wave Analysis

WTI reversed from key resistance level 115.00 Likely to fall to support level 110.00 WTI crude oil recently reversed down from the key resistance level 115.00 (which stopped wave 1 at the end of March) Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

Swiss Franc Rises on Higher Inflation

The Swiss franc is slightly higher on Thursday. USD/CHF is trading at 0.9596, down 0.39% on the day. Those of us who think “staid and steady” when the Swiss franc comes to mind will be Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

AUD/USD: Aussie Keeps Firm Tone But Near-Term Action is Directionless and Looks for Fresh Signals

The AUDUSD regains traction on Thursday and regains 0.72 handle, following strong rejection at 100DMA (0.7227) on Wednesday, which resulted in a shallow pullback, contained by broken Fibo 38.2% of 0.7661/0.6828 and keeping larger bulls Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

Stock Market Today – 6/2: Stocks Higher With Jobs Data In Focus; Oil Slides On Saudi Output Bets

A steep decline in global oil prices, as well as a softer U.S. dollar, has stocks trading modestly higher Thursday ahead of key jobs data prior to the start of trading. Updated at 8:40 am Read more…

By , 4 years ago June 2, 2022
Cryptocurrencies

Ford Stock Higher As CEO Teases ‘Exciting News’ On Jobs and EV Investments In Latest Tesla Challenge

“We’re sharing some exciting news today about new jobs, new products and our latest investment in America’s workforce,” said CEO Jim Farley. Ford Motor  (F) – Get Ford Motor Company Report shares moved higher Thursday after Read more…

By , 4 years ago June 2, 2022

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