AUD/USD Snaps Lower; US Dollar Volatility to Rise as NFPs Loom

3 June 20215 September 2021

I posted a preview of the nonfarm payroll report from TD earlier here (yes, despite the headline it includes the TD forecast): TD add their...

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NEWS: US indices slumped, ‘risk’ FX lower. How did you all enjoy the Fed taper sneak preview? June 03, 2021 at 10:55PM

The clue to the move came around this time 24 hours ago with the unexpected news out of the Federal Reserve, the heads up was...

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NEWS: ICYMI – Norway & the UK have reached an agreement on post-Brexit trade deal June 03, 2021 at 10:28PM

Norwegian state broadcaster NRK and news agency NTB reported the news, citing unnamed sources: News hit overnight, doping a bit of a catch-up. Continue Reading:......

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NEWS: Forexlive Americas FX news wrap. US dollar moves higher on better data ahead of US jobs report tomorrow June 03, 2021 at 09:55PM

Forex news for North American traders on June 3, 2021 Fundamentally, the ADP report for May showed a larger then expect a gain of 978K vs expectations...

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NEWS: DOGEcoin is launching on Coinbase imminently June 03, 2021 at 09:53PM

Expected launch of trade on the platform within the next quarter-hour. Update ... now trading! Price check! Continue Reading:... Search Web: DOGEcoin is launching on...

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NEWS: Trade ideas thread – Friday 4 June 2021 June 03, 2021 at 09:52PM

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive...

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NEWS: June 4 Tiananmen Square massacre – China deploys 7,000 police to prevent remembrance ceremonies June 03, 2021 at 09:46PM

A massive police deployment in Hong Kong to prevent a planned commemoration in Victoria Park. June 4 1989 was the day the Chinese Communist Party...

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Nasdaq 100 Awaits NFP Report as Index Threatens Range-Bound Price Action

The Nasdaq 100 awaits an update on the domestic employment landscape in the form of the non-farm payrolls report as seasonal headwinds weigh on price...

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NEWS: Goldman Sachs US nonfarm payroll preview for May June 03, 2021 at 09:32PM

GS are forecasting a headline +750K for the NFP due Friday 4 June 2021 at 1230 GMT For the background to this and consensus estimates...

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NEWS: Major indices close lower. NASDAQ index sheds 1% June 03, 2021 at 09:02PM

Dow snaps five they win streak The final numbers are showing: The losers of the Dow, were led by Intel -2.16% and Boeing -2.10%. The...

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NEWS: Here is what’s on the economic calendar in Asia today, 4 June 2021 June 03, 2021 at 08:59PM

2330 GMT Japan Household spending for April 2350 GMT will bring Japan foreign reserves 0130 GMT Australia finance commitments for housing, personal and business loans for...

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NEWS: USDCHF retraces back into swing area on the hourly chart June 03, 2021 at 08:52PM

The swing area comes in between 0.90288 and 0.90343 The USDCHF has pushed sharply higher today and in the process has moved to the highest...

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

The June FOMC meeting is under two weeks away, and it’s becoming evident that policymakers are beginning to lay the foundation for initial QE tapering...

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NEWS: Fed Williams: The time is not now to take any action June 03, 2021 at 08:20PM

Feds Williams on Yahoo finance - Does not think that time to take action is now - He expects to see strong GDP growth this year...

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NEWS: May non-farm payrolls preview: By the numbers — big gap edition June 03, 2021 at 08:04PM

The market moves on Thursday highlighted the rising stakes The US dollar made a big move on Thursday after a strong ADP jobs report. That's...

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NEWS: WTI crude oil futures settle at $68.81 June 03, 2021 at 07:40PM

Down $0.02 or -0.03% Continue Reading:... Search Web: WTI crude oil futures settle at $68.81 [siteorigin_widget class="WP_Widget_Recent_Posts"][/siteorigin_widget] [siteorigin_widget class="Jetpack_Top_Posts_Widget"][/siteorigin_widget]

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Oil Price Forecast: Break of March High Negates Double Top Formation

The price of oil may approach the 2018 high ($76.90) as the break above the March high ($67.98) removes the threat of a double top...

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NEWS: Video: What’s the playbook for the FX market this month June 03, 2021 at 07:01PM

I spoke with Dale Pinkert on market moves Today I spoke with Dale at TradeGateHub on the current thinking in markets, why jobs are so...

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Canadian Dollar Price Outlook: USD/CAD Ahead of NFP – Loonie Levels