The US Jobs Report came in with a positive surprise across the board, most of the numbers came in higher than expected, despite the fact that many of the employment components that were released for the past few weeks were pointing to a possible slowing down. NFP Above 200K The Non-Farm Employment Change came in above the estimates, adding...

2017-08-06 Nour Eldeen Al-Hammoury Read more
US Jobs Report_1003

Another big day is ahead of us as we all wait for a confirmation of a possible rate hike during the Federal Reserve meeting in March. All eyes today are headed toward the US Jobs Report, which will be released at 13:30 GMT+, where the Non-Farm Payrolls, Unemployment Rate, and the Average Hourly Earnings will be released from the US. Traders ne...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Federal Reserve Futures

US Dollar managed to close last week higher, well above 97.50 and 98.00 resistance area, on a collection of positive economic releases on Friday, including PPI, Core PPI, Retail Sales and Core Retail Sales, while the initial reading of the University of Michigan showed a notable decline. Yet, the figures have led the Fed Fund Futures to rise not...

2016-10-17 Nour Eldeen Al-Hammoury Read more