US initial jobless claims fell -2k to 231k in the week ending August 24, slightly below expectation of 234k. Four-week moving average of initial claims fell -5k to 232k. Continuing claims rose 13k to 1868k in the week ending August 17. Four-week moving average of continuing claims fell -250 to 1863k. Full US jobless claims […]
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EURUSD plunged to a six-month low of 1.0543 on Friday amid strong support for the US dollar following the US presidential election and recent comments from Federal Reserve officials. Federal Reserve Chair Jerome Powell’s recent Read more…
USDCAD snaps long-term range above 1.4000 Bulls may take a breather; overall outlook remains bullish USDCAD enjoyed a lovely session on Thursday, and it even found fresh buying interest to tick to a new four-year high of Read more…
Market Picture The cryptocurrency market continues to cool for the third day in a row, falling 1.7% in the last 24 hours to $2.92 trillion. This is a retest of the lower end of a Read more…