Daily Pivots: (S1) 1.0581; (P) 1.0613; (R1) 1.0636; More… No change in EUR/USD’s outlook as sideway trading continues. Intraday bias remains neutral for the moment. Further rally is expected as long as 1.0481 resistance turned support holds. Firm break of 61.8% projection of 0.9729 to 1.0481 from 1.0289 at 1.0754 will pave the way to […]
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Canada’s labor market weakened notably in April as employment unexpectedly declined and the unemployment rate climbed to its highest level in months. Total employment fell by -17.7k during the month, sharply missing expectations for a Read more…
US job growth slowed in April but remained significantly stronger than expectes. Non-Farm Payrolls increased by 115k during the month, comfortably above consensus forecasts near 60k, while March payrolls were revised higher from 178k to Read more…
Goldman Sachs is taking a stronger view on Chevron after the energy giant’s first-quarter results gave analysts more confidence in the company’s cash flow outlook, production base, and shareholder return plans. In a report given Read more…