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Initial Jobless Claims increased to 235K vs. the previous week. Continuing Jobless Claims rose to 1.972M. According to a report from the US Department of Labour (DOL) released on Thursday, the number ...
Atlanta Federal Reserve (Fed) President Raphael Bostic said on Thursday that the Fed policy has been positioned to return inflation to the 2% target, per Reuters. "World is very much in a transitional ...
The Aussie Dollar attempts to bounce up from two-month lows with US PMI, Jobless Claims on focus. A moderate improvement in Australia's business activity has provided some support to the AUD.
However, rising input price pressures suggest there could yet be a rise in output price pressures in the future." "The composite PMI employment index rose on the month, albeit it remains sub-50, and ...
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any ...
The Pound Sterling (GBP) is up a modest 0.1% against the US Dollar (USD) and outperforming all of the G10 currencies with the exception of NOK, Scotiabank's Chief FX Strategists Shaun Osborne and Eric ...
Additionally, the market is looking forward to the Fed Chairman Jerome Powell’s final Jackson Hole speech on Day 2 (Friday) amid the impending 25 basis point interest rate cut potentially in September ...
The Euro (EUR) is quietly consolidating within an incredibly tight range in the mid-1.16s, extending the flat consolidation that has prevailed over the last couple of weeks, Scotiabank's Chief FX ...
The Canadian Dollar (CAD) is trading little changed from where we were for most of the session yesterday, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Moves are marginal but US stocks, bonds and the currency are lower all together this morning which is a little unusual. Yesterday’s FOMC minutes for the July meeting reflected little change in the ...
Bitcoin trades near the $114,000 level, holding above a crucial support amid a Death Cross pattern on the 4-hour chart. Ethereum, on the other hand, prepares a lift off within a rising channel pattern ...
After dropping to its lowest level in over a week below 1.3450 in the Asian session on Thursday, GBP/USD regained its traction and advanced to the 1.3470 region. Despite this recent recovery, the pair ...
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