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A couple of light releases to move things along in the session ahead | Forexlive
The US ADP roulette and weekly jobless claims (yes, on a Wednesday) will be the main highlights for markets. That of course follows the ISM services PMI and JOLTS job openings data from yesterday. As such, European morning trade is likely to be more of a placeholder somewhat until we get to that. Major currencies…
Euro Spread Its Wings – Action Forex
No matter how strong the trend, corrections are inevitable. The EURUSD pullback was driven by the closing of speculative longs after the Fed cut the federal funds rate, the fall in US stock indices, and strong macroeconomic data. However, as soon as investors bought up the S&P 500 dip and Fed officials started talking about…
Hamster Kombat: 148M Players & ICO Insights
Quick Overview Hamster Kombat reached 148 million players and 40 million daily users by June 14, 2024, since its launch on March 25, 2024. Players earn points through tapping tasks every three hours, upgrade hamsters, and participate in the Daily Cipher challenge for rewards. Hosted on Telegram, includes upgradeable hamsters, referral program, and a Daily…
US futures pare losses ahead of the open later | Forexlive
S&P 500 futures are now flat on the day after having been down around 0.3% earlier to start European trading. This is also helping to lift the broader market mood with European indices also seen marginally higher after a bit of a stutter at the open. US stocks were upbeat at the open yesterday only…
Gold Trading Jumps 240% in Q4 as Volatility Returns, Says easyMarkets
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Markets overview. Nonfarm payrolls to determine the next Fed steps – ForexNews.PRO
USDPayrolls later today remain the main market event of the week. Indeed, many including ourselves, see the release as pivotal for the Fed, and likely to determine whether a 25 or 50bp rate cut should be the FOMC base case later this month. Consensus expectations look for a 165k reading, an outcome that would steer…
