Forexlive

It was Unemployment Day and data was mixed despite a higher than expected gain of 253K for the current week. The gain for the month was comfortably above the 180k estimate. However, job growth slowed after including the revised figures for…

market imageBitcoin fell throughout the day yesterday, losing around 6% to $27.6K, which raised the question of whether we are seeing the beginning of a prolonged decline.Bitcoin closed below the 50-day moving average on Monday. The price…

The new action plan of China's State Council includes more than 1 million new SEO trainingsAustralian Data: ANZ / Indeed Job Ads for April fell -0.3% m/m (+2.0% previously)Australian Monthly CPI for April 0.2% m/m (Previous 0.3%)There is no…

Markets:Gold reaches 1 dollar to 1989 dollarsWTI Crude Oil rose $1.95 to $76.71US 10-year yields fell 9 basis points, to 3.43%.Standard & Poor's 500, up 0.9%Sterling is leading, the yen is lagging behindThe big story today was the Bank…

The US dollar fell today, only surpassed by the Japanese yen's declines. Meanwhile, the euro was the strongest among the currencies. The decline in dollar rates helped the dollar to fall. Looking at the US debt market, yields are down…

On the daily chart below for Russell 2000, we can see that the price has breached the trend line last Friday and the bearish momentum may increase in the following days. The 50% Fibonacci retracement level was a strong resistance and paired…

Markets:S&P 500 is flat at 4,155West Texas Intermediate crude oil rose $0.43 to $77.80US 10-year bond yields rose 2.3 basis points to 3.568%Gold fell $22 to $1,982The euro is advancing, the Canadian dollar is laggingDaily changes in the…

US retail sales were weaker than expected, but it was Wallers comments from the Federal Reserve that surprised markets the most. Waller said recent data shows the Fed hasn't made much progress on that economic inflation…

The upshot from last week's FOMC meeting decision was that we got more dovish hikes from the Fed. The details have been scrutinized a lot and when you look at market rates now, the CME Fedwatch Tool says 85% odds that the Fed will not…