Tag: Foreign exchange news
US Jobs Report Drives USD, Yields, and Stock Prices Higher
The US jobs report for September exceeded expectations, with non-farm payrolls increasing by 254K compared to the anticipated 140K. The unemployment rate fell slightly to 4.1%, almost reaching 4.0%, and the participation rate remained...
EURUSD Price Approaches Resistance Level in Forex Trading
EURUSD Price Approaches Resistance Level in Forex Trading The EURUSD pair experienced a day of volatile price action, with fluctuations that kept traders on their toes. The price moved above and below the 100/200 hour...
EUR/AUD Forex Analysis: Mid-Day Update and Forecast
The EUR/AUD currency pair has been experiencing a downward trend, with the recent decline from 1.6598 to 1.6161 indicating a bearish bias. The intraday outlook suggests that the pair may continue to fall towards...
EUR/USD Weekly Forecast: Latest Analysis and Trends
The EUR/USD pair saw a rise from a short-term low of 1.0760 last week, reaching 1.0904 before retreating. This week, the initial bias has turned neutral. There may be more consolidation above 1.0760, and...
