NFP

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.

Market round-up: GBPUSD hits 14-month low, Bitcoin tumbles

Thu, 09 Jan 2025 12:41:54 +0000

Market round-up: GBPUSD hits 14-month low, Bitcoin tumbles Lukman.Otunuga… Thu, 01/09/2025 - 14:41

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GBPUSD has tumbled to its lowest level since November 2023 while Bitcoin wobbles above $93,000! Here is what you need to know.

Week Ahead: Gold to retest record highs?

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

Week Ahead: Gold to retest record highs? Lukman.Otunuga… Fri, 01/03/2025 - 12:46

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Gold is already up 1% in 2025 after securing its biggest annual gain since 2010. Nevertheless, the US December nonfarm payrolls report may shape the metal's outlook for January.

Market round-up: Bitcoin hits $100k, OPEC+ delay output hike

Thu, 05 Dec 2024 13:51:54 +0000

Bitcoin smashes through $100k

“OG” crypto boasts $2 trillion market cap, ↑ 140% YTD

OPEC+ delay oil production hikes until April

Brent trapped in range – support at $70, resistance at $76

Bitcoin surpasses the $100 Read More

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.

Week Ahead: All that glitters isn’t always gold…

Fri, 27 Sep 2024 09:47:10 +0000

Week Ahead: All that glitters isn’t always gold… Lukman.Otunuga… Fri, 09/27/2024 - 12:47

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Silver has jumped to its highest level since 2012, outperforming gold on a week, month, and year-to-date basis! The white metal could be injected with fresh volatility thanks to the incoming US jobs report in the week ahead.

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.

Bitcoin: Holds breath as US jobs data looms

Thu, 05 Sep 2024 10:44:59 +0000

Bitcoin ↓ 4% in September

Pressured by US recession fears & ETF outflows

Over past 12 months NFP triggered moves of ↑ 2.6% & ↓ 1.8%

Cryptocurrency space may see heightened volatility on Friday

Key technical Read More

USDCAD: Tests resistance ahead of BoC decision

Tue, 03 Sep 2024 13:46:52 +0000

USDCAD ended August ↓ 2.3%

BoC decision + US jobs report = volatility?

Traders fully priced in 25 bp cut by BoC this week

Bloomberg FX model: 74% - (1.3400 – 1.3675)

Key technical levels - 1.3550 & 1.3600 Read More

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

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

Week Ahead: US jobs report to spark market frenzy again? han.tan@FXTM CY CA Fri, 08/30/2024 - 09:04

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Recall how the previous US nonfarm payrolls release on August 2nd sparked market turmoil? With that wild episode still fresh on our minds, this Friday’s (September 6th) NFP numbers could once again present outsized trading opportunities across the likes of Gold, the US500 index, and the US dollar.