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EUR/USD Forecast: Slow US Wage Growth Helping Buyers
Article By:
Yohay Elam
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Monday, January 9, 2023 8:57 AM EDT
Today’s EUR/USD forecast is bullish as the pair extends Friday’s gains. The Euro gained on Friday after a major US jobs report revealed that wage growth slowed in December, boosting investor wagers that inflation is easing.
In this article: FXE
Greenback's Sell-Off May Stall Ahead Of Powell Tomorrow
Article By:
Marc Chandler
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Monday, January 9, 2023 8:53 AM EDT
The pre-weekend dollar losses have been extended, but the momentum appears to be stalling in the European morning, perhaps setting the stage for turnaround Tuesday tomorrow.
Why You Should Regularly Update Your Retirement Projections
Article By:
Paul Schatz
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Monday, January 9, 2023 8:41 AM EDT
Retirement planning is an important process that should become a lifelong habit, especially if you are a high-net-worth individual.
S&P 500 Forecast: Contract Continues Its Overall Consolidation Tone
Article By:
Christopher Lewis
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Monday, January 9, 2023 8:04 AM EDT
At the end of the day, I think this is going to be a nice shorting opportunity, so I’m just going to wait to see whether we pull back at this point, or if we see sides of exhaustion.
In this article: SPX
How Far Off Is The Establishment Survey Nonfarm Payroll Employment Series?
Article By:
Menzie Chinn
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Monday, January 9, 2023 7:50 AM EDT
In the debate over whether the establishment nonfarm payroll employment series is seriously overestimating recent employment, a reader asks “So you’re saying the Philly Fed screwed up its analysis and we should ignore its work? That’s your view?”
EUR/USD Price Analysis: The Surpass Of 1.0713 Exposes 1.0736
Article By:
Pablo Piovano
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Monday, January 9, 2023 7:50 AM EDT
EUR/USD picks up extra upside traction and flirts with the 1.0700 barrier at the beginning of the week.
Eurozone Labor Market Still Going Strong With Unemployment At 6.5%
Article By:
ING Economics
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Monday, January 9, 2023 7:28 AM EDT
The eurozone unemployment rate was unchanged in November despite economic conditions pointing to contraction. This leaves the labor market historically strong, but also makes it a key risk for second-round inflation effects for the ECB.
In this article: EZU
DXY Seasonal & Technical In Play
Video By:
Patrick Munnelly
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Monday, January 9, 2023 7:24 AM EDT
A review of the recent price action in the Dollar Index and identify the next high-probability trading opportunity and price objectives to target.
In this video: UUP
Crypto Has A Good Week
Article By:
Simon Peters
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Monday, January 9, 2023 6:45 AM EDT
Cryptoassets had a good week last week, with major cryptos such as Bitcoin and Ether in positive territory over seven days.
