Dow Jones Industrial Average lurches higher post-NFP
The Dow Jones Industrial Average (DJIA) rallied after US Nonfarm Payrolls (NFP) jobs figures blew past expectations. US NFP net job gains soared to 254K on Friday, cudgeling market hopes for a second ...
US Dollar Weekly Forecast: It’s alive!
Nonfarm Payrolls (NFP) are part of the US Bureau of Labor Statistics monthly jobs report. The Nonfarm Payrolls component specifically measures the change in the number of people employed in the US ...
Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Solana — American Wrap 04 October
Ethereum hovers just below $2,400 on Friday. The altcoin trends towards lower fees, and analysts at IntoTheBlock consider ...
Forecasting the upcoming week: US inflation data and Fedspeak should keep the US economy in the spotlight
An outstanding week for the US Dollar saw the currency leave the recent weakness and reach new two-month peaks on the back of ...
International Business Machine Corp (IBM): Showing a bullish sequence and looking for a $400.00 target [Video]
Quarterly Elliott Wave Chart of IBM above shows the stock formed a bullish sequence. It has broken above wave ( (I)) peak, ...
Amazon stock gains as jobs data surprises to the upside, dockworker strike ends
What’s more, the pathetic NFP released a month ago was revised up from 142K to 159K. And this positive economic turn comes on ...
Weekly economic and financial commentary: Faster rate cuts from the ECB likely
In the Eurozone, the September CPI report showed further progress on disinflation for the region’s economy. The combination ...
The Dollar soar: USDX’s biggest weekly rally since 2022
Back then, the USD Index kept soaring - despite small corrections – until it moved to about 107. This time, the USDX started ...
Middle East tensions and payroll data shape market sentiment [Video]
The S&P 500 Index is a stock market index based on the market capitalization of 500 leading companies publicly traded in the U.S. stock market, as determined by Standard & Poor’s.
Mexican Peso soars as US stellar jobs data eases recession fears
The USD/MXN uptrend is doubtful as the pair cleared the 50-day Simple Moving Average (SMA) at 19.33, with sellers gathering ...
Pound Sterling slides below 1.3100 after strong US job data
The Pound Sterling finds temporary support near the 50-day Exponential Moving Average (EMA), which stands around 1.3115, ...
BRICS dump Dollars for Gold [Video]
US payrolls data surprised on the upside in September, rising by 254k, smashing expectations of a 150k rise. The unemployment rate fell to 4.1% from 4.2%, average hourly earnings increased to a 4% YoY ...