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Monthly Archives: October 2023

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Dollar Mutes Ahead Of Nonfarm Payroll

Written on October 6, 2023 at 5:41 am, by

Before the release of Nonfarm Payroll, U.S. equity markets exhibited a subdued stance, mirrored by the sideways movement in the dollar index and gold prices. U.S. equity markets exhibited a subdued stance, mirrored by the sideways movement in both the dollar index and gold prices, all eyes turned toward the eagerly anticipated Nonfarm Payroll dataContinue Reading

A Week For Insights Into The Major Country’s Inflation

Written on October 6, 2023 at 1:24 am, by

The Week Ahead: Week of 9 October (GMT+3) Wednesday, 11 October, 09:00 – EU German CPI (MoM) (Sep) In August, there was a 0.3% month-on-month increase in German consumer prices. The economy is expected to contract in the third quarter and show only modest growth in the fourth. Wednesday, 11 October, 15:30 – US PPIContinue Reading

Dollar Ticks Lower By Poor Job Data

Written on October 5, 2023 at 5:44 am, by

The US dollar plunged below the pivotal $107 threshold, following a mere 89,000 increase in private-sector employment in the last month. The US dollar faced a setback, plunging below the pivotal $107 threshold, following lacklustre private-sector job data showing a mere 89,000 increase in employment last month, marking its lowest figure since September 2021. ThisContinue Reading

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