Daily Pivots: (S1) 169.66; (P) 170.52; (R1) 172.16; More… Intraday bias in GBP/JPY remains on the upside at this point. Current rally should target 100% projection of 148.93 to 165.69 from 159.71 at 176.47 next. On the downside, break of 168.71 minor support will turn intraday bias neutral and bring consolidations, before staging another rally. […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Canada’s labor market closed 2024 on a strong note, with employment soaring by 91k in December, far exceeding expectations of 24.9k. Full-time positions accounted for a significant portion of the gains, with 56k new roles Read more…
The U.S. economy added a much larger-than-expected total of new hires last month, adding more upward pressure to wage inflation and likely stoking a further selloff in U.S. Treasury bonds. The Bureau of Labor Statistics Read more…
US labor market showcased its resilience in December, with non-farm payrolls surging by 256k, significantly outpacing expectations of 150k. This impressive figure also surpassed the average monthly gain of 186k for 2024. Unemployment rate edged Read more…