In the weekend forex report for the week starting August 29, 2022, I first take a deep dive into the Fed Chair Powell Jackson Hole Symposium speech. The chair had a...
The US dollar was the strongest currency this week and the strongest currency today. The NZD was the weakest of the majors today. The greenback this week, rose against all the major...
In a market environment where bad news is good news, 528K new jobs (vs 250K estimate), unemployment rate of 3.5% vs. 3.6% estimate, average hourly earnings 0.5% vs. 0.3% estimate (and a revision...
The US retail sales were anticipated today along with the Univ. of Michigan consumer sentiment. Recall from last month, the sharp fall in consumer sentiment was a catalyst for the Fed to...
The US employment data was released today with nonfarm payroll adding another 390K jobs. That comes after a 436K jobs increase in the prior month (was 428K). The expectations for the month was...
