Market movers today It’s time for US Nonfarm Payrolls, which is one of the key data points for the Fed going into their next FOMC meeting on 14 December. We expect US job growth to decline from 261k to a still decent 220k (consensus 200k). Also keep a close eye on wage growth, which is a […]
The post US Labour Market Takes Centre Stage appeared first on Action Forex.
Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…
Key Highlights EUR/USD started another decline and traded below the 1.0500 support. A major bearish trend line is forming with resistance at 1.0485 on the 4-hour chart. Bitcoin rallied further and traded close to the Read more…
GBPUSD broke support zone Likely to fall to support level 1.2465 GBPUSD currency pair recently broke the support zone located between the support level 1.2620 (former monthly low from June) and the support trendline of Read more…