Latest Research

See why this month’s Non-Farm Payrolls report has taken on extra importance.

Next week, traders will be making a more sober assessment of the latest US jobs report, after the mixed-to-good readings triggered a rally for the dollar while gold and equities sold off. There will be plenty of macro data, including US CPI, and a rate decision from the Bank of Canada to keep traders busy, ahead the ECB and FOMC meetings towards the...

EUR/CAD is trying to break lower on the weekly charts, and today’s close along with which way it breaks outside of yesterday’s could be key for how the cross trades next week.

Wages have missed the mark for the past three months, and the last 5 out of 7 months. If the trend continues, we could have another disappointing wage growth in June, too.

We’ve been patiently monitoring corrective price action on USD/JPY in hope of it confirming a swing high. With an FOMC meeting on tap, the meeting could spark the volatility required to make or break the bearish bias.

The weaker than forecast NFP figures added to speculation that the Federal Reserve will cut rates giving equities a injection of life.

Today’s focus will clearly be on the monthly jobs report from the US and to a lesser degree that of Canada, both due for publication at 13:30 BST.

With headlines surrounding tariffs and Fed cuts subsiding, it allows NFP to its monthly spotlight back. As for the dollar, earnings could prove to be the difference between bullish or bearish.

See why the most important number in the jobs report won't be the number of jobs created and what it will mean for Fed policy!

The dollar’s reaction to the latest US jobs report was a typical V-shape move: up first then down as investors realised the nonfarm payrolls report was not as solid as the headline jobs growth suggested.

The cable’s losses over the past two days have been due mainly to a rebound in US dollar than weakness in pound, with other GBP crosses remaining near their recent highs.

“Time flies when you’re having fun,” and sure enough, it’s already time for another Non-Farm Payrolls report!