News In the Spotlight

U.S. Data Confuses the Markets; More jobs And Higher Unemployment

Nonfarm numbers increased by 315,000 during the month of August to exceed the expectations of 295,000 jobs. However, the unemployment rate rose to 3.7% from 3.5%. Meanwhile, the dollar index surging to a new two-decade high pushing gold below the 1,700 levels. On the Other hand, the European currency fell to the lowest level in 20 years despite the expectations to see a 75 basis points hike from the ECB.

Designer

Recent Posts

Daily Technical Analysis: US Dollar Rises Against the Euro and Sterling Pound, EURUSD Nears Major Support

EURUSD 1H chart shows downtrend accelerating in recent sessions since the beginning of the week.…

15 hours ago

Daily Fundamental Analysis: U.S. Indices Close Higher Following a Volatile Session

Key Takeaways: GDP numbers in the US show contraction in the economy of 0.3% in…

15 hours ago

New Archiving Conditions for MT5 Live 1 Accounts

Dear Valued Clients, To further optimize platform resource allocation and enhance service efficiency, STARTRADER will…

2 days ago

Important Notice: Identity Misuse and Fraud Alert

Dear Valued Client, We are writing to inform you of a recent incident involving the…

2 days ago

Daily Technical Analysis: Swiss Franc falls as USDCHF Recovers from its Historical Lows

Swiss Franc falls as USDCHF recovers from its historical lows Following downtrend breakout, USDCHF sets…

2 days ago

Daily Fundamental Analysis: US Indices Rise as the Dollar Regains Strength

Key Takeaways: U.S. Stock Markets close higher on Tuesday on hopes of trade deals between…

2 days ago

This website uses cookies.