The US jobs market is seemingly buoyant with this month’s NFP Report beating market expectations by a wide margin. And that may spell trouble for the cryptocurrency market.
The US Dollar Index (DXY) bounces back from a fresh monthly low (95.14) following the 467K rise in Non-Farm Payrolls (NFP), and the update to the Consumer Price Index (CPI) may fuel the recent rebo…
The Euro has been soared last week with NFP’s dampening spirits on Friday. The week ahead includes US CPI data while EUR/USD holds its head above 1.14.
The Mexican peso is likely to weaken against the dollar if U.S. inflation accelerates further and helps to consolidate expectations of a 50 bp hike by the Fed at its March meeting.
Wall Street equities had a rollercoaster week as FAANG earnings boosted market volatility. An uneven picture underscored challenges and opportunities ahead for big tech names.
The US central bank announced a significant shift in its monetary policy stance to end 2021, but the ultimate impact of the more hawkish bearing seemed to barely register for the Dollar and risk as…
The Nasdaq 100 rose last week, but not without giving up most gains as the US Dollar rose on a stellar jobs report. 40-year high CPI keeps volatility risk elevated. Will the Euro and British Pound …