MARKET NEWS AND CHARTS FOR OCTOBER 14, 2020
GBPNZD The UK labor market is a disaster. Unemployment rate rose to 4.5% for the month of August on Tuesday’s report, October 13. Employment change for the said month was -153K which was way higher
GBPNZD The UK labor market is a disaster. Unemployment rate rose to 4.5% for the month of August on Tuesday’s report, October 13. Employment change for the said month was -153K which was way higher
EURTRY The EURTRY should continue its bullish climb in the coming days as traders brush off the positive results shown by Turkey’s economy. In fact, the two currencies are backed up by contrasting results, the
NZDJPY In Sunday’s report, October 11, New Zealand showed a 104.7% increase in the number of visitor arrivals month-over-month. This suggests that the country is slowly reopening itself from the rest of the world. This,
USDJPY The uncertainty in the US election and the disappointing initial jobless claims report will send the USDJPY pair lower in the coming days. On Thursday, October 08, the US added 840K claimants for unemployment
CADJPY Investors are now seeking for more risks as the global economy begins to recover from the coronavirus pandemic. In Japan, the final reading of the country’s Q2 GDP result today, October 08, was expected
AUDUSD US President Donald Trump’s tweet has shaken the financial industry once again. Yesterday, October 06, the US president said he will be delaying any stimulus talks until the election is over. Just a few
EURJPY The EU and its member states – Germany, France, and Italy – went against the odds and reported better-than-expected results. Yesterday, October 05, analysts anticipated 2 out of 8 reports for PMI to post
USDCHF The United States is set to publish its Services and Markit Composite PMI reports today, October 05. Analysts were expecting the same movement it had with its Manufacturing and ISM PMI reports last Thursday,
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