Soured sentiment keeps AUD/JPY on the ropes
Concerns that the US is headed for stagflation weighed on sentiment yesterday, which has placed AUD/JPY back onto our bearish watchlist.
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EUR/GBP slips as UK wages rise while German sentiment drops
This was on the back of official data showing UK wage growth had reached its highest level since the financial crisis in the three months to August.
Markets recap: Lira, EM currencies calmer; UK wages disappoint and EZ GDP beats
The markets were a little calmer in the first half of today’s session as the Turkish lira finally stopped falling, while the pound staged a short-lived bounce in the aftermath of mixed-bag UK data.
NFP Recap: Jobs and wage growth disappoint, but Fed still on track
Most aspects of the US jobs data released on Friday morning disappointed expectations, but were unlikely disappointing enough to sway the Federal Reserve from its firm track towards higher interest rates through 2018 and beyond.
NFP Preview: Wage growth in focus as inflation expectations rise
Monthly employment data will take center stage on Friday morning as the US Department of Labor will report on the number of jobs added to the US economy in April, the unemployment rate, and key wage growth figures.
Week Ahead: US dollar in focus ahead of FOMC, NFP
For more than a week, the US dollar has risen sharply as US government bond yields have surged – with the benchmark 10-year Treasury yield briefly topping 3% – while geopolitical risk perceptions have tentatively waned.
GBP/USD: Soft UK wages pressurises cable ahead of CPI
Economic news in the UK was also not great today, although it wasn’t too bad either.
US dollar index remains heavily pressured on tepid inflation, White House changes
Two primary developments on Tuesday led to a sharp fall for the already-struggling US dollar.
NFP Recap: Mixed data highlights stellar job creation, weak wage growth, strong economy
The official US jobs report for February was released on Friday morning, and despite a stellar reading for job creation – 313,000 jobs added in February against prior expectations of around 200,000 – the data was mixed overall, as wage growth was weak and the unemployment rate was slightly higher than expected.
NFP Preview: Wage growth in focus as inflation concerns persist
February US jobs data, which will be reported on Friday morning by the US Department of Labor, is poised to take on increased importance for markets and investors.
USD/CAD pulls back from key level ahead of BoC, jobs data
USD/CAD pulled back sharply from the key 1.3000 psychological level on Tuesday, ahead of Wednesday’s interest rate decision from the Bank of Canada and Friday’s employment reports from both the US and Canada.
Week Ahead: Italian Election, Central Banks, and US Jobs in Focus
Two primary catalysts for the return of sharply elevated market volatility emanated from the U.S. – Fed Chair Jerome Powell’s hawkish testimony in front of the US Congress, and US President Trump’s announcement regarding sizeable import tariffs on steel and aluminum.
Week Ahead: New Fed Chair in focus as markets mull interest rate trajectory
The US dollar was still seeking direction while equity markets bounced back on Friday after a week of persistently volatile trading, as interest rates and Federal Reserve speculation continued to dominate headlines.
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