Dollar rebounds notably after a set of solid non-farm payroll data, with strong wage growth. US stock futures take a dive in response to the news, while treasury yields recover. Australian Dollar appears to be Read more…
In a merciless commentary, two authors from the bank’s Market Infrastructure and Payments business area unload on bitcoin. Just more than a year ago, on Nov. 10, 2021, the value of one bitcoin reached its all-time Read more…
Canada employment grew 10.1k in November, slightly below expectation of 10.5k. Unemployment rate dropped from 5.2% to 5.1%, below expectation of 5.3%. Participation rate dropped -0.1% to 64.8%. Average hourly wages was up 5.6% yoy, Read more…
US non-farm payroll employment grew 263k in November, above expectation of 200k. Average job growth was 282k over the prior three months, and 392k thus far in 2022. Unemployment rate was unchanged at 3.7%, matched Read more…
A hotter-than-expected reading for wage gains in Friday’s November jobs report has reignited inflation concerns in the world’s biggest economy. Updated at 8:48 am EST The U.S. economy added more new jobs than expected last Read more…
The Euro started a steady increase above the 1.0450 and 1.0480 resistance levels against the US Dollar. The EUR/USD pair gained pace above the 1.0500 level to move into a positive zone. It tested the Read more…
Wall Street is focused on the release of November jobs data following a dovish turn earlier this week from Fed Chairman Jerome Powell. U.S. equity nudged lower Friday, while the dollar extended declines against its Read more…
GBPJPY has experienced a steep uptrend since late September, with the price gaining almost 15% and posting a fresh 6½-year high of 172.10. However, the pair has declined moderately from its recent peak and has been trading Read more…
USDCAD had a lukewarm start to December, barely gaining bullish traction despite taking support from the 20-day simple moving average (SMA) at 1.3394. The pair has completed two consecutive negative months, charting a bearish head Read more…
Here are the most and least popular luxury and non-luxury vehicle brands among car shoppers. In today’s marketplace of inventory shortages and rising prices, finding the car you want is more than a challenge–it can Read more…