Greenback Mixed Ahead of Job Report
Greenback Mixed Ahead of Job Report
The dollar traded mixed on Thursday ahead of Friday’s US employment data. The Bank of England, the European Central Bank and the Bank of Canada left their key interest rates unchanged, as forecast, at 0.50%, 1.00% and 0.25%, respectively. US initial and continuing jobless claims fell modestly and Q1 nonfarm […]
End of a Busy Week, Ahead of a Long Weekend
End of a Busy Week, Ahead of a Long Weekend
Stocks dropped heavily yesterday in the United States amid pessimism that dominated financial markets, after the Federal Reserve Bank signaled the economy will fall deeper in recession this year, as unemployment is expected to rise; meanwhile the U.S. economy lacks fundamentals today ahead of a long […]
Two Bank Holidays Ahead Of The RBA Rate Statement
Two Bank Holidays Ahead Of The RBA Rate Statement
The Japanese markets are closed for a two day bank holiday that runs on Monday through Tuesday and that may impede order flows at the start of the week. The U.K. markets are closed on Monday, and that too may affect the momentum in overnight trade.
The markets […]