Nonfarm Payrolls

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

/s3-static/users/user16/red%20screen%20and%20Asian%20male%20holding%20head.jpg

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.

Why are Stock, FX, Crypto markets falling?

Mon, 05 Aug 2024 10:11:06 +0000

Why are Stock, FX, Crypto markets falling? han.tan@FXTM CY CA Mon, 08/05/2024 - 13:11

/s3-static/users/user16/red_markets_with_moving_average_lines.jpg

Stocks and cryptos are plummeting in a risk-off wave, while safe havens are strengthening. We explain what’s driving these big price moves, and highlight the NAS100 stock index amid this sea of larger-than-usual trading opportunities. Are you missing out?

EURUSD attempts slight recovery

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

EURUSD attempts slight recovery han.tan@FXTM CY CA Thu, 06/01/2023 - 10:33

/s3-static/markets/field/image/Currencies/EUR/rolling_euro_coin_uphill_1.jpg

The world's most-traded FX pair has a relatively muted response to the just-released Eurozone inflation data for May, as measured by the consumer price index (CPI).

Trade of the Week: EURUSD set for rebound?

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

Trade of the Week: EURUSD set for rebound? han.tan@FXTM CY CA Mon, 05/29/2023 - 13:27

/s3-static/markets/field/image/Currencies/EUR/euro_held_up_to_the_sunlight.jpg

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.

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

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

Trade of the Week: The return of $2k gold? han.tan@FXTM CY CA Mon, 05/01/2023 - 20:28

/s3-static/markets/field/image/Metals/gold_bars.jpg

Bloomberg’s model points to a 72% chance that spot gold will trade within the $1938.57 - $2031.73 range over the next one-week period.

Week Ahead: US jobs report may move these 3 markets

Fri, 31 Mar 2023 06:28:48 +0000

Despite the holiday-shortened week ahead for US and UK financial market, the US March nonfarm payrolls (NFP) report is set to grab hold of traders and investors’ attentions.

The NFP is due at the end of a week that also features these economic data releases and events:

Monday, April 3 Read More

Week Ahead: Watch these 3 major FX pairs

Fri, 03 Mar 2023 06:54:06 +0000

Week Ahead: Watch these 3 major FX pairs han.tan@FXTM CY CA Fri, 03/03/2023 - 08:54

/s3-static/markets/field/image/Currencies/G10%20mix/shutterstock_538615369.jpg

The FX world could see some heightened volatility if the US Dollar receives a double boost, along with any surprises out of G10 central banks in action over the coming week:

Monday, March 6

Week Ahead: Dollar to falter at onset of 2023?

Fri, 30 Dec 2022 06:52:53 +0000

As we make fresh resolutions (especially those that pertain to trading/investing), here's a head start on the potential opportunities ahead, starting with these key economic events and data releases in the first week of the new year:

Monday, January 2

EUR: Read More

Week Ahead: How likely will EURUSD hit 1.05?

Fri, 25 Nov 2022 08:52:58 +0000

As the Thanksgiving festivities fade away, including the Black Friday/Cyber Monday sales as well as the excessive turkey consumption, it’s then time to digest some serious economic data and events over the coming week:

Monday, November 28

AUD: Australia October retail sales
EUR: European Central Bank President Christine Lagarde speech Read More

What did the Fed say?

Thu, 03 Nov 2022 11:41:10 +0000

In our Daily Market Analysis, we often allude to the US Federal Reserve being the most influential central bank in the world.

And if we ever needed a reminder, just consider the wild price action across asset classes surrounding the Fed’s latest policy clues delivered overnight.

To illustrate, the following chart shows the wild gyrations recently in the DXY (the benchmark index used to measure the US dollar’s performance Read More