Payrolls surprise sees Dollar lurch higher, as EUR/USD takes step closer to parity
The market reaction was brutal, stocks are a sea of red in Europe and in the US. The Dow Jones is down nearly 1%, however, the biggest casualty in the US is the Nasdaq, which is lower by 1.61% as ...
Big upside in December U.S. payrolls cements a Fed hold this month – RBC Economics
“The Fed already pivoted to a more gradual easing cycle in their last meeting In December. We think the odds of an additional ...
December CPI preview: Concerns about sticky inflation to linger
GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US ...
USD/JPY remains subdued near 158.00 after reaching multi-month high
The USD/JPY remains subdued after hitting a six-month high of 158.88 following the release of a stellar US Nonfarm Payrolls report, which saw the Unemployment Rate falling near 4%. The pair trades at ...
The Week ahead – UK CPI, GDP and Retail Sales and US bank earnings
US inflation has been slightly more benign over the past few months, rebounding modestly from lows of 2.4% in September, to ...
December employment: Just right
The FOMC made clear at its December meeting that it would take additional progress on moving inflation back to 2% before ...
Canadian labor markets firmed, but still soft, in December – RBC Economics
“The Bank of Canada (BoC) already flagged in December that with interest rates no longer clearly at 'restrictive' levels, and ...