Swiss Unemployment Rate ticks higher to 3.4% in May vs. 3.7% expected
Fundamental Forex Analysis

Swiss Unemployment Rate ticks higher to 3.4% in May vs. 3.7% expected

In May, Switzerland’s Unemployment Rate rose to 3.4% compared to +3.3% booked in April, as per the latest data published by the Federal Statistics Office on Tuesday. Markets predicted the jobless rate to tick h...

Not thinking about lowering the consumption tax rate
Fundamental Forex Analysis

Not thinking about lowering the consumption tax rate

Japanese Finance Minister Taro Aso said in a statement on Monday, the government is not thinking about lowering the consumption tax rate. His comments come after Japan’s economy shrank less than previousl...

Employment increased by 290K in May, Unemployment Rate edged higher to 13.7%
Fundamental Forex Analysis

Employment increased by 290K in May, Unemployment Rate edged higher to 13.7%

Employment in Canada unexpectedly increased by 290K in May. USD/CAD fell toward 1.3400 with the CAD gathering strength on upbeat data. Employment in Canada rose by 290,000 in May, the data published by Statist...

PBOC may deliver another rate cut as liquidity pressures mount – Bloomberg
Forex News

PBOC may deliver another rate cut as liquidity pressures mount – Bloomberg

Early Thursday morning in Asia, Bloomberg came out with the news suggesting the People’s Bank of China (PBOC) could announce this year’s third rate cut for medium-term loans to ensure sufficient liquidity. Key ...

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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...

Trade deficit expands to $1.4 billion in March vs. $2 billion expected
Fundamental Forex Analysis

Unemployment Rate in April surged to 13% vs. 18% expected

Unemployment Rate in Canada rises less than expected in April. USD/CAD pair continues to trade in negative territory below 1.3950. Net Change in Employment in Canada declined by 1.99 million in April to lift t...

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Forex News

When is the Bank of England rate decision and how could it affect GBP/USD?

Following two consecutive emergency meetings, the Bank of England (BOE) is up for contributing to the “Super Thursday” at 06:00 AM GMT, with a surprise change in time. The routine Interest Rate Decision will be...

To tighten enforcement on self-isolation for citizens returning from overseas
Fundamental Forex Analysis

Real rate of unemployment is likely to hit 19% by the middle of 2020 – Goldman Sachs

Analysts at Goldman Sachs offer their take on the Australian labor market situation, in the face of the coronavirus outbreak. Key quotes “Australia’s effective unemployment rate is adjusted for hours work...

When is the Fed interest rate decision and how could it affect EUR/USD?
Forex News

When is the Fed interest rate decision and how could it affect EUR/USD?

The Federal Reserve (Fed) will announce its decision on monetary policy today at 18:00 GMT.  Chairman Jerome Powell will read a statement and hold a press conference at 18:30 GMT.  Key notes The Fed is expected...

When is the BOJ rate decision and how could it affect USD/JPY?
Forex News

When is the BOJ rate decision and how could it affect USD/JPY?

The Bank of Japan (BOJ) will schedule its latest monetary policy meeting decision approximately at 03:00 GMT on Monday.  The central bank, which is already running a massive easing program since 2013, is expect...