
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
US labor market figures released in September disappointed the market. All three releases missed forecasts: wage growth slowed down from 0.3% to 0.1%, jobs growth (NFP) was 156K versus 180K expected, and the unemployment rate rose from 4.3% to 4.4%. |
That’s why market players will be really eager to know whether this deterioration in data was a one-off event or a new negative trend. If traders get disappointed once again, the USD will seriously suffer. Improvement in figures will support the US currency. |
The release will take place at 15:30 MT time on October 6. |
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
There’s a likelihood next month that Greece won’t receive up to 750 million euros, it’s expected to get under a debt relief deal with the EU concluded in 2018 because this European country has failed to complete a number of agreed reforms…
Next month, the European Central Bank is on the verge of reassessing the outlook for bank lending next month because there’s a likelihood that EU financial institutions could tighten credit supply and drive the current economic deceleration…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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