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Fundamental Forex Analysis

When is the German Industrial Production and how could it affect EUR/USD?

Overview Germany, Eurozone’s manufacturing powerhouse, will publish Industrial Production data for April at 06:00 GMT.  The output is seen contracting by 15.5% month-on-month, having fallen by 9.2% in the...

USD/CAD: ???? ????????? 1.33
Fundamental Forex Analysis

USD/CAD drops to fresh 3-month lows, around 1.3400 mark post-US/Canadian jobs reports

USD/CAD remained depressed through the early North American session on Friday. Stellar NFP report lifted the USD, albeit did little to provide any respite to the pair. Rallying oil prices, upbeat Canadian jobs ...

EUR/USD ???????? ? ??????? ?????????? ??? 1.1075
Fundamental Forex Analysis

When is the US monthly jobs report (NFP) and how could it affect EUR/USD?

US monthly jobs report overview Friday’s US economic docket highlights the release of the closely watched US monthly jobs data, popularly known as nonfarm payrolls (NFP). The report is scheduled to be rel...

Indonesian rupiah rallies in sync with EM currencies
Fundamental Forex Analysis

Indonesian rupiah eyes extra gains amid rounding top breakdown

USD/IDR slumps to fresh 4-month lows below 14K mark. Rounding top breakdown on daily chart points to more losses. Oversold RSI could trigger a shallow bounce ahead of US NFP. USD/IDR has breached the critic...

Special focus on number of workers on furlough or temporary layoff – Goldman Sachs
Fundamental Forex Analysis

Special focus on number of workers on furlough or temporary layoff – Goldman Sachs

Analysts at Goldman Sachs offer a sneak peek at what to expect from Friday’s US Non-Farm Payrolls data due on the cards at 1230 GMT. Key quotes “Headline is estimated at 7.25m. Downward revisions to April payro...

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Fundamental Forex Analysis

Unemployment rate will get worse

While speaking in the Fox News Sunday program. US Treasury Secretary Steve Mnuchin warned that the labor market scenario in the US may get worse before it gets better. Key quotes “The reported numbers are proba...

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Fundamental Forex Analysis

USD/CAD keeps the red near weekly lows, below mid-1.3900s post-US/Canadian jobs data

USD/CAD witnessed some follow-through selling for the second straight session on Friday. Mixed Canadian/US monthly jobs data failed to provide any meaningful impetus to the pair. The USD/CAD pair remained depr...

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Forex News

EUR/USD unfazed around 1.0840 post-NFP

EUR/USD keeps the familiar range near 1.0840 post-NFP. US Non-farm Payrolls came in at -20,500K jobs in April. The unemployment rate climbed to 14.7% from 4.4%. EUR/USD keeps the rangebound theme unaltered aro...

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Forex News

When is the US monthly jobs report (NFP) and how could it affect EUR/USD?

US monthly jobs report overview Friday’s US economic docket highlights the release of the closely watched US monthly jobs data, popularly known as nonfarm payrolls (NFP). The report is scheduled to be rel...

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Forex News

AUD/USD consolidates gains above 0.6500 as focus shifts to NFP

AUD gathers strength despite RBA’s dismal growth outlook. Upbeat market mood helps the pair reserve its gains on Friday. USD stays relatively calm ahead of critical April NFP data. The AUD/USD pair gaine...