Tag: wrap

Forexlive Americas FX news wrap: USD rises after strong jobs report but gains are tempered

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...

Forexlive Americas FX news wrap: Poor PMI prompts hard landing fears

Markets: Gold up $5 to $1723 US 10-year yields down 15 bps to 2.75% WTI crude down $1.69 to $94.69 S&P...

Forexlive Americas FX news wrap: US Retail Sales solid but not strong enough for 100 BPs

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...

Forexlive Americas FX news wrap: Market senses a less-hawkish Fed

Markets: S&P 500 up 115 points, or 3.0%, to 3914 US 10-year yields up 6.8 bps to 3.14% WTI crude oil up $2.79...

Forexlive Americas FX news wrap: US adds another 390,000 jobs

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...

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