The latest US employment report will rock financial markets at 12:30 GMT Friday. With the Fed actively trying to weaken the labor market, the stakes are very high. However, it seems like Powell won’t get his wish yet, as most indicators point to another solid jobs report. That could inflict more damage on stocks and […]
The post Nonfarm Payrolls: More Bad News for the Fed? appeared first on Action Forex.
In focus today In the euro area, the Sentix investor sentiment indicator will be released today, revealing whether the sentiment improvement observed in February persisted into March. In Sweden, several macroeconomic datapoints will be released. Read more…
Daily Pivots: (S1) 147.26; (P) 147.73; (R1) 148.51; More… Intraday bias in USD/JPY stays on the downside at this point. Sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way Read more…
Forex markets are trading quietly in the Asian session, remaining within Friday’s range and showing little impetus to move decisively in either direction. Dollar is staying on the back foot, with a lack of substantial Read more…