Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. In this week’s edition, we discuss the potential for the EUR/USD to drop to parity, following the footsteps of CHF/USD. Interest rate differentials […]
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The euro has posted gains on Friday. In the European session, EUR/USD is trading at 1.1325, up 0.37% on the day. Today’s gains follow a three-day slide. US nonfarm payrolls came in at 177 thousand, Read more…
The U.S. economy added 177k jobs in April, slightly above the consensus forecast of 135k. Revisions for the prior two months subtracted a total of 58k jobs. Smoothing through the volatility, non-farm payrolls averaged 155k Read more…
If you’re in the market for a new outfit or addition to your wardrobe, you probably know of a few reliable places to look. The local mall or plaza likely has a few trusty stores Read more…