GBP/USD staged a nice intraday rebound from the weekly low hit earlier this Wednesday. A positive risk tone and disappointing ADP report weighed on the safe haven USD and extended some support. Upside potential seems limited as focus remains glued to the crucial FOMC policy decision. USD fell in reaction to the US ADP report […]
Tag: employment
USD/JPY remains on the defensive near 130.00 after US ADP report, awaiting FOMC
USD/JPY extended its sideways consolidation price move for the third day in a row on Wednesday. The disappointing report from US ADP failed to impress or provide any significant boost to the pair. The market’s focus remains firmly tied to the highly anticipated FOMC monetary policy decision. The pair USD/JPY traded with a slight negative […]
NZD/USD remains under pressure below 0.6450, near its lowest level since June 2020
NZD/USD witnesses some continuation selling for the eighth day in a row on Monday. Expectations of an aggressive Fed rate hike continue to support the USD and put some pressure on the pair. Investors now await the New Zealand employment data, the FOMC decision and the NFP report before opening directional positions. The pair NZD/USD […]
Initial requests for unemployment benefits fall to 180,000, in line with expectations
Unemployment subsidy requests remain in the area of ​​historical lows. Continued orders mark minimums since 1970. The dollar loses ground after the data, but continues with significant daily gains. The Department of Labor reported that initial claims for unemployment benefits they fell by 5,000 in the week ended April 23 to 180,000, matching the market […]
New provisional tables have been posted for the 25,000 unemployed community benefit program
The provisional lists of successful candidates and runners-up for the new community service program that were posted on the website of the Public Employment Service (DYPA) www.oaed.gr on Holy Thursday, April 21, 2022 contained, due to a computer error of the contractor, 2017-2020) who submitted an application while they were not entitled to participate, according […]
Initial jobless claims fall to 184,000
Initial requests for unemployment benefits fall to 184,000 against the 180,000 consensus. Continued petitions drop to the lowest level since February 1970. The dollar without reaction after the data. The US Department of Labor reported that initial claims for unemployment benefits they fell by 2,000 in the week ended April 16 to 184,000, slightly above […]
GBP/USD looks vulnerable near 1.3000, focus on US CPI for fresh momentum
GBP/USD moves lower on Tuesday amid sustained buying around the dollar. The bulls seem unimpressed and are largely ignoring the upbeat UK jobs data. The market’s focus remains on the latest US consumer inflation figures. The pair GBP/USD remains under pressure during the European session on Tuesday, with the bears still waiting to a sustained […]
The ILO unemployment rate falls to 3.8% in February, its lowest level since 2019
The Unemployment claims in the United Kingdom have fallen by 46,900 in the month of March, after falling by 48,100 in February. This is the thirteenth consecutive month of reduction in unemployment in the country. The February’s ILO unemployment rate has dropped by one tenth to 3.8% from the previous 3.9% expected by the market. […]
USD/CAD holds steady near 1.2600 ahead of Canadian jobs data
USD/CAD consolidates this week’s strong recovery move from yearly low. A rebound in oil prices offers some support to the CAD and caps the pair’s upside. Strong bullish sentiment around the USD caps losses ahead of the Canadian jobs data release. The pair USD/CAD extended its sideways consolidation move and remained trapped in a tight […]
The Bank of Greece predicts a ‘significant’ increase in fees for this year
By Dimitris Katsaganis The increase of employment and wages is predicted for this year by the Governor of the Bank of Greece, Mr. Giannis Stournaras, in his annual report for 2021. In detail, Mr. Stournaras’ report by field (employment, labor costs) states the following: Employment “Prolonged stay of young people in unemployment has long-term negative […]
