There has been a recent pickup in announced job cutting plans, as companies broadly lowered their outlooks for sales and earnings growth this year, but for now the pace of firings continues to run at historically low levels...
Treasuries posted a substantial belly-led rally Thursday, as more modest gains of 2 to 3 bp along the curve through most of the day accelerated after 2:30 into month/quarter/Japanese fiscal year end, leaving yields down as much as 5 bp at 3:00 and a bit more in late trading...
FXWIREPRO: NZD/USD Struggles at 0.69 Handle, Slips from Day's Highs at 0.6937 NZD/USD pair is extending its struggle with 0.69 handle into early European trades. Upbeat China PMI reports failed to provide a lift to the sentiment around the bird. NZD/USD was rejected at day's high by 0...
Initially reading that China's PMI beat market expectations may make you assume that risk should be performing well today, but the new quarter appears to have got off to a weak start, dragged down by the Nikkei falling almost 3.5%. Let's take stock of the facts...
UK Manufacturing PMI Preview: What to Expect of GBP/USD? UK March manufacturing PMI figure is due for release today and the consensus estimate is calling for a slight improvement to 51.2 from Feb figure of 50.8. Trapped between key Fibo levels Having recovered from 1.4330 (23.6% of 1.5930 – 1...
AUD/JPY Taking on the Recovery above 86 Handle A classic risk-off theme extends into early Europe, with AUD/JPY bearing the brunt of a global sell-off on the final trading day of the week. AUD/JPY struggles to take-out 1h 50-SMA at 86.18 The AUD/JPY pair now drops -0.15% to 86...
USD/JPY Recovery Falters Once Again Near 112.40 The USD/JPY pair is seen wavering back and forth in a narrow range, struggling with the recovery from just ahead of 112 handle...
FXWIREPRO: AUD/JPY Buying Momentum Shrinks Away Upon Doji Formation - Best Times for Speculators (ranging 84-86.700) Long Legged Doji forms at peak of 86.173 levels with leading oscillators divergence, speculative range 84-86.700...
EUR/USD Regains Bid Tone as Stoxx 50 Futures Drop 1% EUR/USD has regained bid tone and is eyeing 1.14 handle amid signs that risk aversion in Asia has hit European shores...
USD/CHF Off Highs, Returns to 0.9600 USD/CHF keeps its bearish note unchanged at the end of the trading week, coming back to the 0.9600 neighbourhood after a bull run to 0.9620 overnight...
In anticipation of today's #NFP report, the U.S. dollar has stabilized a bit. Market participants are still hoping for the labor data. But will the index really help the #dollar to return to the growth? Find out more by checking out the Source Link...
AUD/NZD rallied hard aft the Chinese data that propped up the Aussie, although AUD/USD found the 0.77 a tough nut to crack and halted the bulls. AUD/NZD however managed to score over 40 pips and ran to 1.1122 highs...
FXWIREPRO: EUR/GBP Upside Pauses Just Shy of 0.7946 (2016 Highs), Momentum Higher The euro extended gains versus the pound, hit high at 0.7944, just two pips below 0.7946 (2016 highs). The pair extends gains above 0.7900 in the wake of the euro area flash inflation figures released on Thursday...
USD/CAD Flirts with Highs Near 1.3050 The greenback is posting moderate gains vs. its Canadian neighbor on Friday, taking USD/CAD to the area of daily highs near 1.3050. USD/CAD focus on Payrolls After bottoming out in fresh multi-month lows in the mid-1...
US Non-Farm Payrolls Likely Increased 220,000 in March – Danske Bank Research Team at Danske Bank, estimates that the US non-farm payrolls increased 220,000 in March, slightly above the current consensus of 210,000...
FXWIREPRO: NZD/CAD Faces Strong Resistance Around 0.9060, Good to Sell on Rallies Major resistance 0.9060 Major support -0.8920 (resistance turned into support) The pair has recovered after making a low of 0.8927. It is currently trading around 0.89914...
EUR/GBP Edging Higher, 0.7950 Next Target? EUR/GBP keeps its upside intact during the second half of the week, trading at shouting distance from the 0.7950 area, or earlier 1-year peaks...
GBP/USD Supported by 23.6% Fibo ahead of UK data Risk-off in Asia weighed over GBP/USD but failed to push it through support at 1.4330 (23.6% of 1.5930-1.3835) levels...
US March NFP Likely to Print +200k Jobs - Nomura Research Team at Nomura, suggests that the slowdown in US jobs growth in January proved to be transitory as the pace of job gains picked up notably in February...
