This Week’s Forex News Events: Jan 7 – Jan 13
Event Date Time Currency Impact Forecast Previous CPI m/m Mon Jan 8 12:30pm CHF High -0.1% -0.2% Tokyo Core CPI y/y Tue Jan 9 4:30am JPY Medium 2.1% 2.3% Retail…
EUR/USD Remains Steady Near 1.1000 After NFP Friday
The EUR/USD experienced a rollercoaster ride in Friday's trading session, reacting to Eurozone inflation data and a robust US labor market report. As the week concluded, the currency pair found…
Last-Minute Updates Boost Chances for Bitcoin ETFs
As the cryptocurrency landscape continues to evolve, the anticipation for the approval of Bitcoin Exchange-Traded Funds (ETFs) in the U.S. has reached a fever pitch. In the midst of these…
December 2023 Job Report: U.S. Labor Market Beats Projections
The U.S. labor market finished 2023 robustly, with 216,000 jobs added in December, surpassing expectations. The unemployment rate held steady at 3.7%. The hiring boost came from a gain of…
Authors Take Legal Action: Microsoft and OpenAI Face Copyright Infringement Lawsuit
Authors Nicholas Basbanes and Nicholas Gage filed a class-action complaint, alleging Microsoft and OpenAI "simply stole" their copyrighted works. This lawsuit follows The New York Times' similar suit against Microsoft…
$195 Billion Loss in Short Bets Against US, Canadian Stocks – S3
Last year, the world of short selling faced a formidable challenge as a market rally led to staggering paper losses of $194.9 billion for investors betting against U.S. and Canadian…
NZD/JPY Price Analysis After Breaking 90.00 Barrier
The NZD/JPY pair witnessed a remarkable 0.70% surge, propelled by the broad weakness of the Japanese Yen. This significant movement signals a bullish turn, especially as the pair breached the…
Google Faces Labor Board Ruling: Must Engage with YouTube Union
In a recent ruling, the National Labor Relations Board (NLRB) mandated that Google must negotiate with the YouTube worker union. The decision comes after Google refused to engage in bargaining…
Cracking the Code: Oil Price Swings Unveiled
Oil experienced a lower settlement on Thursday amid substantial U.S. fuel inventory builds, with Brent crude dropping 66 cents to $77.59, and WTI crude falling 51 cents to $72.19. This…
WTI Price Trends, Global Uncertainties, and Insights for Traders
The WTI price is about $70.50 per barrel in the Asian session, under downward pressure due to a stronger US Dollar. This change reflects a diminishing expectation for Fed rate…
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