On Tuesday, the investors focus stays on the U.K. labor market report and German ZEW economic sentiment. At the USD front, the greenback continues to gain support and hit the fresh 4-month high across its main competitors at 99.24 earlier today. It’s mainly due to the market risk-sentiment getting worse time by time in the […]
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On the Forex front, the U.S. Dollar Index moved up 0.1% to 99.10, lifted by stronger-than-expected U.S. inflation figures. Also, the ICE U.S. Dollar Index turned up by 0.1% on the day, to 99.10, driven by stronger-than-expected U.S. inflation release. Let’s take a look at today’s trade plan. Economic Calendar BTC/USD – Daily […]
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On the forex front, the U.S. Dollar Index edged up 0.1% on the day to 99.10, supported by stronger-than-expected U.S. inflation data. On the forex front, the ICE U.S. Dollar Index edged up 0.1% on the day to 99.10, backed by stronger-than-expected U.S. inflation data. Let’s take a look at today’s trade plan… Economic Calendar […]
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On the forex front, the U.S. Dollar Index rose 0.3% on the day to 99.01. The German Federal Statistical Office will release the final readings of December CPI (+1.5% on-year expected). France’s INSEE will report a 4Q jobless rate (8.5% expected). The U.S. Labor Department will report January CPI (+2.4% expected), and initial jobless claims […]
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On the forex front, the U.S. Dollar Index eased from a four-month high, slipping 0.1% on the day to 98.75, as the Fed flagged risks to the economy from the spread of coronavirus. The U.S. Federal Reserve Chairman Jerome Powell will testify before the Senate Banking Panel. The European Commission will report December industrial production […]
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On the forex front, the ICE U.S. Dollar Index climbed for a fifth consecutive session to a four-month high of 98.70, supported by a solid jobs report. The Eurozone Sentix Investor Confidence Index for February will be reported (5.9 expected). The Bank of France will post January Industry Sentiment Indicator (97 expected). Economic Calendar […]
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On the forex front, the U.S. dollar extended its rally for a fourth straight session ahead of the closely eyed nonfarm payrolls report due later today. The ICE Dollar Index gained 0.2% on the day to 98.47. The U.S. Labor Department will release the January nonfarm payrolls report (+163,000 jobs, jobless rate steady at 3.5% […]
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On the forex front, the U.S. Dollar Index rose 0.3% on the day to a two-month of 98.26, supported by an upbeat ADP private jobs report. Regarding U.S. economic data, the Automatic Data Processing (ADP) jobs report showed an addition of 291,000 private jobs in January, exceeding expectations of +157,000. The Markit U.S. Services Purchasing […]
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On the forex front, the U.S. dollar strengthened for a second session as economic data released were better than expected. The Dollar Index gained 0.2% on the day to 97.95. Later today, January Automatic Data Processing (ADP) Employment Change (+158,000 private jobs expected), Markit U.S. Services Purchasing Managers Index (PMI, final reading, 53.2 expected), Institute […]
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On the forex front, the U.S. Dollar Index bounced 0.4% on the day to 97.81, lifted by stronger-than-expected manufacturing data. On Tuesday, the Research firm Markit will publish January U.K. Construction PMI (47.1 expected). The European Commission will report the eurozone’s December PPI (-0.7% on year expected). The U.S. Commerce Department will post December factory […]
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