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Forex
Unusual Tuesday release for US jobs report – Commerzbank
The US labour market report breaks with tradition by landing on a Tuesday, but expectations are modest, with job growth seen at just 50k and little change in unemployment. Even a…
EUR/USD stands tall with Eurozone preliminary PMIs on focus
EUR/USD remains steady near two-and-a-half-month highs on Tuesday, trading practically flat at 1.1750 at the time of writing, ahead of the release of the preliminary Eurozone…
Why Dow Inc. (DOW) fell more than broader market
Dow Inc. (DOW) closed the most recent trading day at $23.45, moving -2.17% from the previous trading session. This move lagged the S&P 500's daily loss of 0.16%. Meanwhile, the…
US Nonfarm Payrolls data to ramp up volatility
Here is what you need to know on Tuesday, December 16:The US Dollar (USD) stabilizes early Tuesday after posting marginal losses against its major rivals on Monday. The US economic…
Japanese Yen climbs as BoJ rate hike bets rise, USD stays defensive
The Japanese Yen (JPY) remains on the front foot against a bearish US Dollar (USD) for the second straight day and climbs to a one-and-a-half-week high during the Asian session on…
When are the German/ Eurozone flash HCOB PMIs and how could they affect EUR/USD?
German/ Eurozone flash PMIs OverviewThe preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for December is due for release today at 08:30 and 09:00…
USD/CAD flattens around 1.3770 ahead of delayed US NFP data
The USD/CAD pair trades in a tight range around 1.3775 during the Asian trading session on Tuesday. The Loonie pair consolidates as the US Dollar (USD) remains on the defensive…
GBP/USD trades sideways above mid-1.3300s ahead of UK jobs data
The GBP/USD pair extends its sideways consolidative price move through the Asian session on Tuesday and currently trades around the 1.3370-1.3365 region, nearly unchanged for the…
Gold holds gains above $4,300 on prospect of further Fed rate cuts
Gold price (XAU/USD) extends its upside to around $4,305, the highest since October 21, during the early Asian trading hours on Tuesday. The precious metal edges higher on further…
Japanese Yen strengthens to near 155.00 amid BoJ rate hike bets
The USD/JPY pair loses traction to around 155.10 during the early Asian session on Tuesday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) amid the expectation…