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Fundamental Analysis

All Eyes on the NFP

USD Data On Watch The US dollar has seen much quieter trading over the last 24 hours as traders await the final key data of the week: the US employment reports due later today. While USD has continued to trade lower into the end of the… Read More

US Nonfarm Payrolls Preview

The penultimate payrolls report for the year 2019 is due to come out later today. The report will be closely watched with economists forecasting that payrolls will rise 183,000 for the month of November. Elsewhere, the unemployment rate… Read More

US Data Weakness Hits USD

USD Lower on Data Weakness The US dollar has come back under pressure over the last 24 hours as further data weakness has weighed on sentiment.  The ISM Non-Manufacturing reading was weaker than expected over November at 53.9 vs 54.5… Read More

AUD Explodes Overnight

USD Down on Manufacturing Miss The US dollar has been under pressure over early trading on Tuesday as the reaction from yesterday's data miss continues. The US ISM Manufacturing print for November came in below expectations at 48.1Read More

USD Crashes on Manufacturing Miss

The US dollar tanked yesterday as the lSM Manufacturing reading for November came in below expectations. The index printed 48.1 last month, marking a contraction form the prior month’s 48.3 reading. Notably, the reading was also below the… Read More