Friday 02nd December 2022:  Investors look forward to US Non farm payrolls

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Global Markets: News & Data: Markets Update: Asian stocks fell on Friday as optimism about slower Fed rate hikes faded and recession worries took center stage. Investors awaited key U.S. employment report for November due later in the day that is expected to show a sizable slowdown in hiring. Investors also fretted about China’s zero-COVID … Continue reading Friday 02nd December 2022:  Investors look forward to US Non farm payrolls

IC Markets Europe Fundamental Forecast | 02 December 2022

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What happened across the Asia session? During the Asia session, most major currencies traded with lower price volatility, consolidating along the recent highs.  What does it mean for Europe and US Sessions? Look out for a significant increase in volatility, with the US employment data to be released and potential profit-taking liquidity as markets head … Continue reading IC Markets Europe Fundamental Forecast | 02 December 2022

IC Markets Europe Fundamental Forecast | 01 December 2022

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What happened across the Asia session? Most major currencies continued to gain against the DXY, as the US dollar weakened following the overnight comments from the Federal Reserve.  What does it mean for Europe and US Sessions? Look out for further weakness of the DXY and for the major currencies to continue with the overall … Continue reading IC Markets Europe Fundamental Forecast | 01 December 2022