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This combination of weaker job growth and rising unemployment suggests potential pressure on the US dollar, which fell to 102.921, down 0.23% in the Dollar Index. Events Ahead. Th ...
Stock markets tumbled after the US released the ISM Manufacturing PMI on Thursday. The index fell in July to 46.8 from 48.5 in the previous month, missing expectations of 48.8. The ISM report also ...
Possibly the most important event was the US Federal Reserve’s policy meeting. There was an overwhelming expectation that interest rates would be left unchanged despite evidence of declining ...
The selling bias in the Greenback gathers extra pace on Friday after the US economy created fewer jobs than initially estimated in July, lifting EUR/USD to the area of fresh peaks near 1.0870. The ...
With the Dollar Index above $104, traders focus on Non-Farm Payroll figures to gauge the economy’s health and impact on forex markets.