Jobs

Written by Ananta Agarwal (Reuters) - FedEx plans to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest cost-cutting effort as the package delivery giant faces a decline in demand for shipping. FedEx (NYSE:) said the…

The GBP/JPY pair has seen lower highs since it was rejected from the 200.50-201.00 area in late May. why not? Threats of the Bank of England (BOE) to shift to dovish and mixed data from the UK are deterring the bulls. Meanwhile, a…

US jobs data came in stronger than expected with Non-Farm Payrolls rising by 272K versus estimates of 185K. The unemployment rate rose to 4.0% as the participation rate declined. US yields rose with the 10-year bond yield rising 12.7…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

In the past 24 hours, the cryptocurrency market lost more than $96 billion as major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), faced corrections. Bitcoin, the leading cryptocurrency, saw a sharp decline to an intraday…

Friday dealt a double blow to the Bitcoin market, exposing the cryptocurrency's sensitivity to the ever-shifting sands of the global economy. Price of digital assets It fell below $70,000 After the confusing US jobs report…

The US job market is still hot. The non-farm payrolls report, released on Friday, showed 272,000 jobs added in May, crushing analysts' estimates. This divergence from consensus is likely to have a significant impact on the Fed. This…

The US jobs report came out stronger, but again there were some ambiguous/less strong elements.Nonfarm Payrolls rose 272K versus estimates of 185K. Private salaries increased by 229,000 compared to 170,000 according to estimatesAverage…

This week, the Bank of Canada and the European Central Bank cut interest rates by 25 basis points each. For each, the initial cut was by the central bank.The Bank of Canada announced its interest rate decision on Wednesday. The central…