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USD Index, after ISM numbers and ahead of NFP
More profound digits or time to return?While ISM Manufacturing PMI (May) at 61.02 beat the expectations, the dollar is trading under pressure, losing 0.32% at 89.70 so far on Tuesday. On Friday, with raising personal consumption expenditures pri...
Weekly Outlook, the first week of June
Another Payroll weekAfter the USA, now eyes turn on to Euro Zone CPI data this week, to see whether in Europe also it will rise above the central bank target as united states, or not. On the other hand, with new versions of the Corona Virus in Southe...
Will FED still stay committed?
Inflation and largest annual gain since 1992According to the U.S. Commerce Department published data earlier today, U.S. consumer prices rise sharply in April. Inflation in April rose much more than FED's 2%target and with the most significant annual...
Market Update, May 28, 2021
The dollar is rising across the boardYesterday the U.S. published data mixed the market. Dow and SP500 both closed higher, but Nasdaq was under pressure. In summary, these data show that the U.S. job market is gradually improving. As the state govern...
US data and market reaction
Mixed data and confused traders! Today we were waiting for four critical data from the United States. Durable goods orders, GDP, Jobless Claims, and Pending Home Sales.On the employment front, new applications for registered unemployment benefit...
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