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Fundamental Forex Analysis

1.48 million Americans applied for unemployment benefits last week

Weekly Initial Jobless Claims came in slightly higher than the market expectation. US stock index futures remain deep in the negative territory. There were 1,480,000 Initial Claims for unemployment benefits in...

Australian PM Morrison announces to lift restrictions on elective surgery
Fundamental Forex Analysis

Australia raises minimum wage by 1.75% or $ 13 a week

In its annual wage review decision online, the Fair Work Commission, Australia’s national workplace relations tribunal, announced that the national minimum wage to the country’s lowest-paid workers will r...

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Fundamental Forex Analysis

1.5 million Americans applied for unemployment benefits last week

There were 1,508,000 Initial Claims for unemployment benefits in the US during the week ending June 13th, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the p...

Job Openings in February fell to 6.9 million vs. 6.6 million expected
Fundamental Forex Analysis

1.54 million Americans applied for unemployment benefits last week

Weekly Initial Jobless Claims in the US edged lower to 1.54 million. US Dollar Index clings to recovery gains near 96.40 after the data.   There were 1,542,000 Initial Claims for unemployment benefits in the U...

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Fundamental Forex Analysis

1.87 million Americans applied for unemployment benefits last week

Initial Jobless Claims in US came in at 1.87 million in week ending May 30. US Dollar Index stays flat on the day near 97.30 after the data. There were 1,877,000 Initial Claims for unemployment benefits in the...

EUR/USD ?????????? ?? ??????? 1.1090
Fundamental Forex Analysis

Bulls in control above 1.1100 starting out ECB week

Broad USD sell-off, risk-on mood underpins EUR/USD EU recovery fund led optimism keeps EUR bulls hopeful. Focus shifts to the Eurozone/ US PMIs ahead of the key ECB verdict. Following the bounce from near 1....

2.1 million Americans applied for unemployment benefits last week
Fundamental Forex Analysis

2.1 million Americans applied for unemployment benefits last week

Initial Jobless Claims in US came in at 2.12 million in week ending May 23. US Dollar Index posts small daily losses below 99.00. There were 2,123,000 Initial Claims for unemployment benefits in the US during ...

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Forex News

USD/CAD consolidates gains near 1-1/2 week tops, above 1.4100 mark

USD/CAD continued gaining traction for the third consecutive session on Monday. Resurgent USD demand, weaker oil prices remained supportive of the positive move. Bulls took a brief pause near mid-1.4100s, await...

Remdesivir available to coronavirus patients this week, ‘We’ve donated the entire supply’
Forex News

Remdesivir available to coronavirus patients this week, ‘We’ve donated the entire supply’

CNBC reports that Gilead’s antiviral drug, remdesivir, has shown success in helping coronavirus patients recover faster.  Gilead Sciences’ coronavirus fighting drug will be in the hands of doctors and patients...

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Forex News

Slow start to another busy week

What you need to know on Monday, May 4th: The American dollar closed Friday mixed, down against its EUR and the JPY but up against other major rivals. Commodity-linked currencies were the ones that suffered the...