US: Employment report weaker by all accounts – Wells Fargo
The official US employment report showed that the US economy added 315,000 jobs in August, slightly above expectations of 300,000;…
United States
AUD/USD falls below 0.6800 ahead of US NFPs.
AUD/USD is still trading in the red, currently down 1.90%. Global factory activity slowed, with the exception of the US,…
US: Atlanta Fed GDP for the third quarter rises to 2.6%
According to the GDPNow model of the Federal Reserve Bank of Atlantathe US economy is expected to grow at an…
EUR/USD crashes below 0.9920
EUR/USD plummets almost 1% after encouraging US economic data. The US manufacturing PMI shows that the US economy remains in…
US: Unit labor costs rise 10.2% in the second quarter vs. 10.7% expected
Unit labor costs rose at a softer-than-expected pace in the second quarter. The US Dollar Index remains in positive territory…
US: House price index up 0.1% in June, vs. 1.1% expected
US house prices rose at a softer-than-expected pace in June. The Cholar Index remains down in the American session. Monthly…
The Fed will throw the US economy into a recession – Senator Elizabeth Warren
The Democratic US Senator Elizabeth Warrenhas expressed concern on Sunday about a possible recession in the US economy, criticizing the…
EUR/USD rises to fresh weekly highs, paring modest gains
EUR/USD hits a daily high of 1.0075, after sources report that ECB members are seeking a 75 basis point rate…
GBP/USD hovers around 1.1800 after mixed US data, awaiting Powell’s speech
GBP/USD fluctuates throughout the day, with traders waiting for Powell's comment on the matter. US growth in the second quarter…
USD/CAD falls below 1.2950 on USD weakness ahead of Powell’s speech
USD/CAD was down 0.15% on Thursday as market traders brace for further hawkish rhetoric from the Fed. The US GDP…