Tag: Currency market movements
Worst Non-Farm Payrolls Reading Since 2020: Forexlive Americas FX News Wrap
The latest economic data in the US has caused some turbulence in the markets. The US October non-farm payrolls came in at +12K, falling far short of the expected +113K. This led to an...
Eco Data Analysis: Key Insights for Forex Traders 10/23/24
The latest Eco Data Analysis provides key insights for Forex traders to consider. Here is a breakdown of the recent economic events:1. CAD BoC Interest Rate Decision:
- Actual: 3.75%
- Forecast: 4.25%
The Bank of Canada...
US Dollar Strengthens as Federal Reserve Hawks Gain Momentum
Surprise! The US economy added over 250,000 new nonfarm jobs last month, bringing the unemployment rate down to 4.1%. Wages also saw faster growth than expected, with workers earning 4% more on average compared...