US initial jobless claims rose 22k to 242k in the week ending February 22, above expectation of 220k. Four-week moving average of initial claims rose 8.5k to 224k.
Continuing claims fell -5k to 1862k in the week ending February 15. Four-week moving average of continuing claims rose 3k to 1865k.
A currency crisis is one of the most dramatic events that can hit a nation’s financial system. It occurs when a country’s currency rapidly loses value against foreign currencies, often in a matter of weeks or even days. The fallout impacts trade, inflation, interest rates, and investor confidence. For traders and investors, understanding a currency…
United States 30-Year Bond Auction rose from previous 4.75% to 4.871% Source link
Asia-Pacific traders face a relatively busy week, dominated by Chinese trade and inflation figures, Australia’s employment data, and ongoing political strains in Japan. The week starts quietly on Sunday with New Zealand’s Business NZ PSI for September, before turning to China’s trade balance later in the evening. Exports and imports will be closely scrutinized to…
The SNB is stepping up its intervention talk, putting franc pairs like EUR/CHF back in focus. Will that be enough to push the pair toward a key area of interest? Here’s what we’re seeing on the daily chart: EUR/CHF Daily Forex – Chart Faster with TradingView In case you missed it, SNB Chairman Martin Schlegel…
USD/CHF is one of the more notable movers so far this week, with the pair falling below the 0.9000 level after some consolidation just above that over the last two months. It coincides with a more interesting look for June trading, when you take into account the seasonal pattern here. But in just the third…
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