The Non-Farm Payrolls (NFP) report for February was scheduled for release last Friday – one week later than usual. It showed that the payroll employment rose by 311k in February, while the unemploymen...
Tag: NFP
Bitcoin breaks $20k following NFP and unemployment data, as markets favour 25bps instead of 50bps
Quick Take +311k jobs created vs. estimate of +205k. 3.6% unemployment rate vs. an estimate of 3.4% Bitcoin broke $20,000 immediately after DXY retreats to 104.8, which sees an uplift on major currenc...
ADA melts down ahead of NFP data
Cardano (ADA/USD) price crashed hard amid rising concerns about cryptocurrencies. It pulled back to a low of $0.3047, the lowest level since January 11. The coin has plunged by more than 27% from the ...
USD/JPY forecast ahead of US NFP, CPI, and BoJ decision
The USD/JPY price pulled back as investors patiently waited for the final Bank of Japan (BoJ) decision by Haruhiko Kuroda. It also retreated ahead as Kazuo Ueda prepares to become the next BoJ governo...
Silver price forecast ahead of Powell testimony, NFP data
Silver price is moving sideways this week as the market waits for cues from the Federal Reserve chair. It is also reacting to the ongoing political gathering in Beijing by the Communist Party. Silver ...
The stock-market rally survived a confusing week. Here’s what comes next.
Despite a Friday stumble, stocks ended a turbulent week with another round of solid gains, keeping 2023’s young but robust stock-market rally very much alive. But a cloud of confusion also sets over t...
US dollar index (DXY) forecast: consumer confidence, FOMC, NFP data
The US dollar index (DXY) has crawled back this week ahead of the upcoming US consumer confidence data, FOMC decision, and non-farm payrolls (NFP) data. After falling to $101.58 last week, the index h...
3 reasons why the December NFP report matters for markets
The Non-Farm Payrolls (NFP) report released yesterday in the United States was the highlight of the trading week. As it turned out, the US economy added more jobs in December than the market expected,...
How will the NFP data affect the US dollar index (DXY)?
The US dollar index (DXY) drifted upwards on Friday as investors reflected on the recent Fed minutes and the upcoming Non-Farm Payrolls (NFP) data. It rose to a high of $105.43, which was the highest ...
2 takeaways from the last NFP report of 2022
The last NFP report released in 2022 triggered intense volatility in financial markets. Good economic news is bad news for stocks and excellent news for the US dollar – this was the environment financ...
US dollar outlook ahead of NFP data
The US dollar index had a tough performance in November as its remarkable rally stalled. The DXY dropped to a monthly low of $105.41, which was the lowest level since August. At its lowest point, the ...
A preview of the December NFP report and its implications for financial markets
Today is the last trading day of the month. As such, volatility is about to increase due to the end-of-month flows. However, it might not be relevant for the period ahead because December is typically...
BTC Rebounds on Friday, as NFP Report Looms – Market Updates Bitcoin News
Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs will have been added to the United States workforce, ...
Bitcoin drops below $20,000 following U.S. jobs data; DXY dollar index soars
Crypto prices plummeted following the lowest monthly job figures out of the U.S. since last December. The U.S. added 263,000 new jobs in month of September, above expectations of 255,000 and below th...
2 reasons to fade the market’s reaction to the September NFP report
The main event of the first trading week of the month triggered sharp moves in financial markets. After rallying at the start of the previous week, US stocks gave back most of their gains. Moreover, t...
signal ahead of the US NFP data
The EUR/USD price pulled back sharply on Thursday as focus shifted to the upcoming US non-farm payroll (NFP) data. It dropped to a low of 0.9826, which was the lowest level since October 4. It has dro...
3 reasons to sell the US dollar ahead of Friday’s NFP report
The first trading week of the month started with US stocks bouncing hard from their 2022 lows. Also, the US dollar gave up some of its gains. Much has been discussed about the impact of the negative i...
BTC Could Dip Below $15k As U.S. NFP Report Shows High Values ⋆ ZyCrypto
Advertisement     Bitcoin (BTC) is currently trading in a temperate zone which has a pivotal role in the asset’s price movement. Amidst this tension, the Chief Investm...
3 things to consider ahead of the August 2022 NFP report
The first Friday of the month has arrived, which means that the employment data in the United States is the main piece of economic data to be released. Economists expect the US economy to have added 2...
BTC Drops Below $20K Ahead of Friday’s NFP Report – Bitcoin News
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s...
Is the US dollar index (DXY) a buy after the NFP data?
The US dollar index rose sharply on Friday after the US published a blemish-free non-farm payrolls (NFP) report. The DXY rose by about 1% to $106.76, which was the highest point since Wednesday. It re...
2 fundamental reasons to buy the US dollar after the latest NFP Report
The trading community waited for the most important economic release of the month to be out last Friday – the NFP Report in the US. Unfortunately, the trading day was shadowed by the news that the for...
BTC Surges Above $22,000 Ahead of NFP Report – Market Updates Bitcoin News
Ahead of the latest nonfarm payrolls report, bitcoin rose to a multi-week high above $22,000 on Friday. The token climbed to its highest level in over three weeks, whilst ETH also rallied, rising abov...
4 takeaways after June 2022 NFP Report
The main event of the trading week was the NFP Report released a few hours ago in the United States. It showed that the largest economy in the world added more jobs in May than the market expected – 3...
BTC Gains Prior to NFP Report, Following a Cross of Moving Averages – Market Updates Bitcoin News
Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst BTC was back in the green, ETH continued to trade lower, and as of writ...
Is it safe to buy the US dollar index (DXY) ahead of NFP data?
The US dollar index is moving sideways as investors wait for the latest non-farm payrolls (NFP) data. DXY, which weighs the greenback against a basket of currencies, is trading at $101.80, which is ab...
BTC Falls to 2-Month Low Following the Latest NFP Report – Market Updates Bitcoin News
Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jo...
NFP forecast May 2022: Three forex pairs to trade after today data release
As a week of high impact economic news draws to an end, all eyes will be on today’s Non Farm Payroll data. According to analysts, the U.S. economy added 390,000 jobs in April, a drop from the 431,000 ...
USD/CAD forecast ahead of Canada and US NFP data
The USD/CAD pair is hovering near its highest level this year as investors wait for the upcoming US and Canadian jobs data. It is trading at 1.2828, which is slightly below the year-to-date high of 1....
EURUSD, GBPUSD, and USDJPY forex signals ahead of today’s NFP data
In the month since the last jobs report in February, the dollar has weakened slightly despite an attempt higher. Economists were off in their forecasts last time around, as February’s release was muc...
Gold price forecast with the US NFP data in focus
Gold price ended March in good shape to record the best quarter since mid-2020 at the peak of the COVID-19 pandemic. Investors are keen on the non-farm payrolls data amid the heightened inflationary p...
Is the Us dollar index a buy ahead of March NFP data?
The US dollar index (DXY) rose slightly on Friday as investors waited for the upcoming non-farm payrolls (NFP) and manufacturing PMI data. It is trading at $98.44, which is higher than this week’s low...