ADP

What Will Traders Be Watching This Week? 29 Nov – 04 Dec, 2021

After tanking many equities at the end of last week, the new coronavirus variant out of South Africa will likely be of primary interest to investors leading to the end of 2021. Nonetheless, the show must go on, and several...

US Dollar weakens as investors’ crave risk

The US Dollar index weakens for the 7th straight day as investors’ appetite for risk increases. The AUD/USD has broken the 0.69 mark, with the USD weaker against its G10 currencies, with global indices rising on forward optimism on a...

Bank of Canada announces rate cut, US Stocks recover slightly, ADP shows positive data leading to NFP Release

In the latest development regarding US stocks, the Dow Jones, S&P 500 and NASDAQ 100 have all rebounded after last week’s catastrophic crash. The Dow has recovered almost 50% of its losses, gaining over 800 points for the day, a...

ADP Release Leads to EUR/USD Hitting 4-Month Low

As we come to the end of the week and approach the biggest trading day of the month, aka the Non-farm payroll (NFP) release in less than 24 hours, investors seem to be pricing in a stronger US dollar ahead...
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