Skip to content

worldforexbrokers

Facebook Twitter Youtube
Newsletter
Newsletter

Traders pay close attention to the Dollar’s reaction to the NFP data

On Friday, the dollar index maintained its recent gains to rise above 112, supported by a steady stream of hawkish comments from Federal Reserve officials, as investors awaited the crucial monthly jobs report that may influence the central bank’s monetary policy decision in November. It is anticipated that the nonfarm payrolls report, which is due later in the day, will… Read More »Traders pay close attention to the Dollar’s reaction to the NFP data

Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

As we are entering the last quarter of the year, We have major news releases like RBA, RBNZ interest rate decision and the USD’s Non Farm Payroll  Major Economic events RBA’s policy decision (Oct 3, 11:30 pm GMT)The RBA may increase rates by a another 50 basis points. Or, with a 25bps rate hike, will members let off the gas… Read More »Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

Dollar Expected to Post a Big Monthly Gain

The expectation that the Federal Reserve will tighten monetary policy further in order to lower high inflation caused the dollar index to remain stable near 112 on Friday after falling from a 20-year high of 114.778 earlier this week. Despite this, the index was still on track to post another strong monthly gain. The index is trading roughly 7% higher… Read More »Dollar Expected to Post a Big Monthly Gain