Last Friday’s NFP report reveals there was a slow growth in U.S jobs for December 2017 as retail employment declined across the country as the labor market nears full employment. The NFP Results. The Nonfarm…
Posts By Hassan Maishera
Greenback Weak Start to 2018
Greenback – 2018 Weak Start for January The first day of trading in 2018 (Jan 2nd), the USD plunged to its lowest in more than three months, with the currency affected by market expectations which…
Expectations for Forex in January 2018 and Beyond
2018 Expectations The Forex market was full of activities this year as political situations in the U.S, the UK and the rest of Europe affected the price of major currencies. Let us see what the…
Brexit Deadline Set for January 2021
Brexit Deadline Set for January 2021 On Wednesday, the EU announced that they don’t want the transition period after Brexit to exceed the last days of 2020. This date coincidently matches the date that the…
ECB Raises Inflation and Growth Forecast, Fed Raises Rates
ECB Meeting During its meeting on Thursday 14th December, the European Central Bank decided to increase both its growth and inflation forecasts for the Euro. The bank, however, decided to stick to its commitment to…
Forex in December – What Currency Traders Should Know
Just like November, forex trading in December will be calm, with no major shocks or surprises. The main event in December will be the fed reserve meeting. FOMC Meeting: Interest rates likely to be hiked…
NFP Data: Payrolls Increase As Unemployment Rate Remains Unchanged.
The distortions from the hurricanes have begun fading away as the Nonfarm payrolls increased by 228,000 jobs for November. November NFP data shows positivity in all areas. Apart from the positive Nonfarm payrolls that increased,…
EUR/JPY Signal, Strong GBP Trend
Strong Trends During Asian Session JPY The latest security issues in North Korea has affected stocks in Asia, though the Japanese Yen soon stepped up to recover most of its initial losses. The pair of…
Markel, Barnier – November 20-24, 2017
Merkel fails to form coalition as FDP pulls out of talks The biggest story of the day comes from Germany, with Angela Merkel failing to put together a coalition government. This came about after the…
Forex Week of November 13-17, 2017
November 13 – Trading Session A quick recap of today’s trading session along with events to look forward to if you are trading Forex in the week ahead. ECB’s Constâncio Speaks There wasn’t much activity…
