Markets Markets are trembling. US payrolls missed expectations by a significant margin as employment only grew by 114k (175k consensus). Last month’s reading was revised down by about 30k. The unemployment rate unexpectedly rose to 4.3%, the highest since Oct 2021, and hourly earnings only rose by 0.2% m/m (3.6% y/y). It’s a big disappointment […]
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EURAUD stayed in consolidation above 1.6161 last week and outlook is unchanged. Initial bias remains neutral this week and further fall is expected with 1.6598 resistance intact. On the downside, below 1.6161 will target a Read more…
EUR/CHF still didn’t succeed in breaking out of converging range last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 0.9331 will target 0.9305 support first. Firm Read more…
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