United States Labor Force Participation Rate fell from previous 62.6% to 62.4% in May
United States Labor Force Participation Rate fell from previous 62.6% to 62.4% in May
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United States Nonfarm Payrolls above expectations (130K) in May: Actual (139K)
United States Nonfarm Payrolls above expectations (130K) in May: Actual (139K) -
United States Average Hourly Earnings (YoY) above forecasts (3.7%) in May: Actual (3.9%)
United States Average Hourly Earnings (YoY) above forecasts (3.7%) in May: Actual (3.9%) -
Job Data and US-China Rapprochement Fuel Dollar Rebound Prospects
Risk sentiment improved last week, driven by the solid US non-farm payroll report that helped ease fears of a deepening slowdown. Adding to the optimism was a thaw in US-China relations. While no concrete breakthrough emerged, the fact that both sides were willing to engage again offered some relief to global markets weary of tariff […]
The post Job Data and US-China Rapprochement Fuel Dollar Rebound Prospects appeared first on Action Forex.
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When it comes to saving, Gen Z asks: ‘What’s the point?’ That’s dangerous, expert saysYoung adults are feeling disillusioned about their economic prospects. That malaise can be dangerous, experts said.
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GBP/USD slips as strong US jobs data cools Fed rate cut bets
GBP/USD tumbled during the North American session, down over 0.30% after the latest jobs report in the United States (US) maintained the status quo, with the economy remaining strong. The pair traded at 1.3526 after hitting a daily high of 1.3586. -
United States Average Weekly Hours meets forecasts (34.3) in May
United States Average Weekly Hours meets forecasts (34.3) in May -
United States U6 Underemployment Rate down to -1% in May from previous 7.8%
United States U6 Underemployment Rate down to -1% in May from previous 7.8% -
IEA expects rising investments in low-emission energies, decline in Oil investments – Commerzbank
The International Energy Agency published a report on investments in the energy sector yesterday, Commerzbank’s commodity analyst Carsten Fritsch notes. -
JPY is underperforming on the day – Scotiabank
Japanese Yen (JPY) is down 0.4% vs. the US Dollar (USD) and underperforming all of the G10 currencies in an environment of modest USD strength.
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