USD/JPY: The pair is expected to trade with an upward bias – UOB Group
US Dollar (USD) is expected to trade in a range between 157.60 and 158.55. In the longer run, USD is expected to trade with ...
Fed's Musalem: Greater caution is warranted on reducing interest rates – WSJ
In an interview with the Wall Street Journal, St. Louis Federal Reserve President Alberto Musalem suggested that greater caution is warranted on reducing interest rates, per Reuters. Musalem added ...
AUD/USD: Next support at 0.6150 is not expected to come under threat – UOB Group
AUD could retest the 0.6175 level; the next support at 0.6150 is not expected to come under threat. In the longer run, AUD must break and remain below 0.6180 before further weakness can be expected, ...
EUR/USD trades with caution as US NFP looms large
EUR/USD trades near the key support plotted from the September 2022 high of 1.0200 on the weekly chart. The outlook of the ...
CAD is pressured by the perceived risk of a US-Canada trade war – ING
Employment data for December is also released in Canada today, where expectations are for a slowdown in hiring to 25k and another tick-up in unemployment to 6.9%, ING’s FX analyst Francesco Pesole ...
USD/CAD extends winning streak ahead of US-Canada labor market data
The USD/CAD pair extends its winning spree for the fourth trading session on Friday ahead of the official employment of the United States (US) and Canada for December. The Loonie pair ticks higher ...
Pound Sterling Price News and Forecast: GBP/USD stabilizes but remains fragile
The GBP/USD pair remains firmly entrenched in a four-month downtrend, having broken below the key support level at 1.23522 on ...
US Nonfarm Payrolls Forecast: Sharp drop expected in December after November’s job surge
Economists expect the Nonfarm Payrolls report to show that the US economy added 160,000 jobs in December after witnessing a ...
AUD/USD outlook: Bears pressure key support as markets await release of US labor report
AUD/USD remains firmly in red and pressuring key support at 0.6170 (2022 low) after a brief recovery was repeatedly rejected ...
US listed Bitcoin miners accounted for 25% of global network in December: Jefferies
U.S.-listed bitcoin (BTC) miners accounted for 25.3% of the global network in December, Jefferies said in a research report ...
Denmark: Pickup in spending continues, but lacklustre holiday spending in retail
In December, retail spending increased only 0.3% in real terms compared to December 2023. This was mainly due to weak grocery spending, which fell 2.1% in real terms due to higher food prices compared ...
USD: Payrolls should keep Fed cautious – ING
EUR/USD has erased losses to trade modestly flat at around 1.0300 in European trading on Friday. However, concerns over US President-elect Trump's policies and hawkish Fed expectations keep the US ...