Forex Top Team

The dollar plunged in response to weak US employment statistics

The dollar plummeted temporarily in response to weak US employment statistics. The dollar-yen pair fell to the 109.63 level as the yield on 10-year US Treasury bonds temporarily dropped to the 1.26% level. Eurodollar was bought up to 1.1909 level and Pounddollar was bought up to 1.3867 level. However, after the dollar short has run […]

US and Canada employment statistics

‥US employment statistics are gaining even more attention as Chairman Powell puts more emphasis on employment. The number of non-farm payrolls hired in August, which is announced today, is expected to reach 1.35 million, which is expected to slow down from the previous July’s 1.763 million. On the other hand, the unemployment rate is expected […]

Tonight’s attention is US and Canadian employment statistics.

Both data are for April, when the effects of the new coronavirus are expected to be strong. According to US employment statistics, which has received a lot of attention, the unemployment rate is expected to rise from 4.4% in March to 16% in April. The number of employees in the non-farm sector is expected to […]