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BySilas WThe October jobs report landed flat, delivering a disappointing 150,000 new jobs added — a sign of economic cooling. But this report alone doesn’t capture the broader trends developing beneath the surface. While seasonal strikes, a hurricane and hiring slowdowns contributed to the weaker-than-expected number, the real insight emerges when we take a step back…
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BySilas WUSDCHF Remains in a Consolidation Phase The USDCHF market continues its quiet phase as the price consolidates. Both buyers and sellers appear hesitant, with neither side gaining significant momentum. The sellers have been unable to break through the 0.84140 support zone, while the buyers have struggled to push the price beyond the 0.85500 resistance level….
Newsquawk Week Ahead: 12th-16th August – Forex Forum
BySilas WNewsquawk.com Week Ahead12th-16th August 2024: Highlights include US CPI and Retail Sales; UK CPI, Jobs and Retail Sales; Aussie Jobs; RBNZ; China activity data and Japan GDP MON: OPEC Monthly Oil Market Report; Japanese Market Holiday (Mountain Day), German Retail Sales (May), Indian Trade Balance (Jul) TUE: IEA Oil Market Report, Australian Wage Price…

