every month we hear that nfp is the biggest forex event, but lately i feel like trading the first reaction has become more and more difficult.
the market already knows everyone is watching the same number, so we often get a big spike in usd pairs, then a complete reversal 10-30 minutes later...
"Asia-Pacific Markets Rise on Softer US Inflation Data, Global Stocks Gain Amid Signs of Inflation Slowdown"
Asia-Pacific markets experienced gains on Friday as new inflation data from the U.S. turned out to be softer than expected. This development has raised optimism that inflation may...
Global financial markets witnessed an extreme volatility on Friday, after Fed Chair Janet Yellen’s speech to central bank officials at Jackson Hole Economic Symposium. The U.S dollar initially plunged sharply against all of its peers but bounced back even more strongly later following the...
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While we are seeing improvements in most sectors of the US economy, the labour market has reacted with extreme sluggishness to the pick-up in activity. The unemployment rate still hovers around 9.5 percent and the monthly gains in employment are still only just about enough to keep unemployment...