US jobs report

Week Ahead: Can US500 index hold on to post-election gains?

Fri, 28 Feb 2025 06:28:40 +0000

Week Ahead: Can US500 index hold on to post-election gains? han.tan@FXTM CY CA Fri, 02/28/2025 - 08:28

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Having just erased all of its year-to-date gains, this benchmark US stock index is now merely 1.4% higher since the November 5th close. Greater risk-off moves in the first week of March 2025 could wipe out all that remains of the US500’s climb since President Trump’s election win.

Week Ahead: Gold to retest record highs?

Fri, 03 Jan 2025 10:46:56 +0000

Gold ↑ 1% YTD, adding to 27% gain in 2024

Less than 5% away from all-time high

Over past year NFP has triggered moves of ↑ 0.8% & ↓ 0.9%

Bloomberg FX model: 73% chance of $2611.66 - $2703.68 range next week

Week Ahead: Will US500 stay above 6000 milestone?

Fri, 29 Nov 2024 10:41:59 +0000

Week Ahead: Will US500 stay above 6000 milestone? Lukman.Otunuga… Fri, 11/29/2024 - 12:41

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FXTM’s US500, which tracks the benchmark S&P 500 index could be on track for its best trading month in 2024. But this will depend on whether bulls give one final push on the last trading day of November.

All targets reached: Gold, USDInd, US500

Mon, 09 Sep 2024 10:59:05 +0000

All targets reached: Gold, USDInd, US500 han.tan@FXTM CY CA Mon, 09/09/2024 - 13:59

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Check out the forecasts from our September 6th NFP webinar, and how they've panned out since last Friday’s US jobs report threw up mixed data that gave something for everyone, bulls and bears alike.

Week Ahead: US jobs report to spark market frenzy again?

Fri, 30 Aug 2024 06:04:12 +0000

Economists predict August jobless rate will ease back down to 4.2%
Lowered recession risks should mean slower Fed rate cuts
Sturdier jobs market could boost gold, US stock indexes to new record highs
Repeat of manic volatility from July NFP could deliver massive trading opportunities once more

USDInd: Can dollar bulls sustain momentum?

Thu, 05 Oct 2023 09:18:05 +0000

USDInd textbook uptrend approaches weekly resistance
4 potential targets, if uptrend persists
Warning: Bearish divergence spotted
Bullish Read More

Trade Of The Week: GBPUSD Twitchy Ahead Of BoE

Mon, 31 Jul 2023 09:49:01 +0000

Sterling could kick off the new trading month with a bang as focus falls on the Bank of England rate decision.

After posting a mixed performance across the G10 space in July and gaining over 1% versus the dollar, could volatility return in August?

EURUSD attempts slight recovery

Thu, 01 Jun 2023 07:33:59 +0000

The world's most-traded FX pair is attempting to pare some of yesterday's declines.

EURUSD's move higher at the time of writing is in spite of the just-released Eurozone inflation data for May, as measured by the consumer price index (CPI), arguing for greater declines for the bloc's currency.

6.1% rise compared to May 2022 (year-on-year), which is lower than the market's forecast of 6 Read More

Trade of the Week: EURUSD set for rebound?

Mon, 29 May 2023 10:27:54 +0000

The euro has weakened against the US dollar by about 2.7% so far this month, as we see out the final days of May.

Could June herald better fortunes for EURUSD? Read More

Trade of the Week: The return of $2k gold?

Mon, 01 May 2023 17:28:46 +0000

Spot gold has been trapped within a $46 range for the most part since April 17th.

Though finding support around the upper-$1900 levels over the past two weeks, the precious metal can scarcely keep its head above the psychologically-important $2,000 line.