Breaking: US Non-Farm Payrolls at shocking -701K in March
US Non-Farm Payrolls fell to record -701K in March vs -100K forecast and upward-revised Feb figure at 275K.
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Aussie dips below 0.60, weighed by strong demand for the greenback
The Australian dollar fell below 0.60 handle on Friday, extending weakness into fourth day, pressured by broader US dollar gains, with low volumes accelerating Aussie’s negative action.
Break below 10DMA (0.6036) and 0.60 support increases…
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Oil prices rose after pullback as optimism of reaching deal prevails
WTI oil regained traction and rose to session high at $26.98 in European trading on Friday, as positive sentiment prevails on fresh hopes of Saud-Russia deal.
Oil prices surged over $5 on Thursday on news that deal is likely to…
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Bears regain control and threaten ending consolidation phase
Cable weakened in European trading, following downbeat UK data which showed Composite and Services PMI’s dropping to its record lows in March (Composite 36.0 from 53.0 and Services 34.5 from 53.2) which showed that negative impact to the…
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Euro extends through another key support after downbeat EU data and persisting strong demand for…
The Euro broke pivotal Fibo support at 1.0831 and probes below 1.08 handle on Friday as steep fall extends into fifth straight day.
Fading risk sentiment after disastrous jobless claims data and strong demand for safe-haven dollar and…
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Crude oil skyrockets on news of Saudi – Russian deal
WTI oil price soared nearly $5 and hit the highest in almost two weeks ($20.27) in a minutes after news that Russia and Saudi Arabia reached deal circulated.
US President Trump announced that he spoke to Russian President Putin and to…
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Breaking: WTI oil surged above $27 on news of Saudi-Russia deal
Crude oil prices skyrocketed after President Trump spoke to Russian President Putin and Saudi Crowne Prince and said that they will cut oil production by about 10 million bpd.
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Euro extends weakness through key support as traders seek for safety of cash dollar
The Euro accelerated sharply lower and took out key support at 1.0891 (daily cloud base / Tenkan-sen / 50% retracement of 1.0635/1.1147), after shocking US jobless claims data further increased uncertainty and prompted traders from…
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The dollar remains ultimate safe-haven instrument in high uncertainty after terrible US jobless…
The dollar index maintains firm tone and extends gains above 100 mark on Thursday.
Shocking US data that showed initial jobless claims exploded to record 6.6 million in last week, heavily beating forecast for 3.5 million new claims and…
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Breaking: US weekly jobless claims surge to record high of 6.6 million
US weekly jobless claims rose nearly a double from forecast of 3.5 million, reaching record high at 6.6 million, as coronavirus crisis hurts badly US labor sector.
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