Dollar selling reaction, US ADP employment increase only 106,000
According to the US ADP employment statistics for January, the employment increase was only 106,000. Market expectations were for an increase of about 180,000. The previous figure was revised upward from 235,000 to 253,000. The reaction of dollar selling spread because it became a low number that became the lower limit of the market expectation. […]
China risk has calmed down, and today’s focus is on Fed Chairman Powell’s speech
The Chinese risk movement since the beginning of the week has calmed down for the time being. China’s central government has taken a stance of firmly maintaining its zero-corona policy, but in terms of its operation, health authorities have warned some local governments about excessive and uniform corona regulations, which has given the market […]