Forexlive Americas FX news wrap 2 Feb: Super-duper jobs report sends yields and stocks up | Forexlive

The week ended with a bang as the US jobs data came much stronger than expectations. Non-farm payroll rose by 353K much higher than the 180K estimate (and the ADP rise of 107K released earlier this week). TUnemployment rate came in at 3.7% versus 3.8% expectedAverage yearly earnings rose by 0.6% versus 0.3% expected MoMAverage yearly earnings rose by 4.5% versus 4.1% expected YoYThe average workweek in hours and fall to 34.1 hours from 34.3 hours last month (that was the estimate too). Looking at the jobs by sectors, Private

US Dollar closes a winning week as hawkish bets on the Fed on March rise

Share: The DXY rose by more than 0.80% to 103.90 on Friday US Nonfarm Payrolls came in higher than expected for January. US bond yields are sharply increasing as markets push to May the start of the easing cycle. The US Dollar (USD) rose to 103.90 on Friday’s Dollar Index (DXY) chart, mainly fueled by a promising labor market report that has convinced markets a March rate cut is not in the cards. Fed Chair Powell reinforced the idea that a rate cut in March is unlikely despite ongoing market

NZD/USD faces strong downward force amid surprising strong NFP figures

Share: The NZD/USD showed a strong downward swing, falling near the 0.6060 level. US Nonfarm Payrolls added 353K jobs in January surpassing by a wide margin the expectations. The bets of a rate cut in March sharply declined and markets pushed the start of the easing to May. In Friday's trading session, the NZD/USD took a steep turn downwards, landing at a rough level of 0.6060. The pronounced downward trajectory resulted from a surprisingly strong US Nonfarm Payrolls report that pushed the pair into bearish domain as markets gave up

What is bespoke tranche opportunity and how to invest in it?

Table of Contents Bespoke tranche opportunities, a nuanced form of collateralized debt obligations (CDOs), have reshaped Wall Street’s approach to investment.  Bespoke tranches are different from traditional CDOs. They focus on synthetic CDOs and use instruments like credit default swaps.  Bespoke tranches are different from traditional CDOs. They focus on synthetic CDOs and use instruments like credit default swaps. This customization reflects an evolution in financial instruments, offering tailored solutions for fixed income portfolios.  Key Takeaways Bespoke tranche opportunities, a sophisticated form of collateralized debt obligations (CDOs), offer tailor-made investment

Panthers Hire Dave Canales as Head Coach

At the conclusion of a disappointing season in Carolina, all eyes turned towards the team’s search for a new head coach. The Panthers fired head coach Frank Reich in the middle of the season after just 11 games with the team, leaving the position open for the second straight offseason. After a round of interviews, the front office settled on Dave Canales, who spent the year as the Buccaneers offensive coordinator. While the current state of the team may not be very favorable, there’s reason to believe Canales can help

Young investors: Beyond challenges, seeking solutions.

In the wake of "How the young should invest" by The Economist, it's clear that young investors today are navigating a markedly different landscape from the 'golden age' of investing between 1981-2021. With the era of robust returns seemingly behind us, rising inflation, and the complexities of reverse globalization at the forefront, the investment climate is undeniably challenging. Yet, amidst these challenges lies a silver lining: the opportunity for young investors to adapt, learn, and thrive in this new environment. Adapting to lower expected returns The stark reality is that

Enter the Dark Hour with the revamped Persona 3 Reload on Game Pass | TheXboxHub

Persona 3 Reload is on Game Pass, Xbox, PlayStation and PC Persona 3 Reload is a reimagining of the genre-defining RPG, released onto Xbox Series X|S, Xbox One, Windows, Steam, PlayStation 5 and PlayStation 4. The game is also available on Game Pass. This updated version has a revamped battle system, cutting-edge graphics and gameplay, and enhanced audio featuring an all-new English voice-over. In Persona 3 Reload, players step into the shoes of a transfer student thrust into an unexpected fate. You’ll navigate the Dark Hour, a ‘hidden’ between one

Is a Weaker Dollar Inevitable in an Election Year? – Orbex Forex Trading Blog

It’s an axiom at this point that the US economy gets a little bit of a boost during election years. Though for forex traders, what exactly happens to the dollar is more important. Traditional thinking might suggest that if the economy is doing better, then the currency will be stronger. But, when politicians get involved, things are not so straight-forward. Also, for the record, being in an election year doesn’t make the economy immune to a recession. In fact, the last major recession – the sub-prime crisis – hit bottom

GBP/USD: Poised for potential bullish breakout ex-post BoE – MarketPulse

BoE offered dovish guidance but projected that inflation may run hot again in Q1 2025. GBP has remained the top outperformer major currency against the US dollar. Technical analysis suggests a potential bullish breakout for GBP/USD. The British pound sterling (GBP) made another remarkable intraday recovery yesterday after the Bank of England (BoE) maintained its policy Bank Rate at a 16-high of 5.24% for the fourth consecutive time as expected and toned down its prior hawkish rhetoric. Interestingly for the first time since 2008, the Monetary Policy Committee members of

Matthew Vaughn is out to turn Argylle’s post-credits scene into a franchise

Matthew Vaughn’s new spy romp Argylle delights in crashing two fictional layers together: The world of spy novelist Elly Conway (Bryce Dallas Howard) and the world inhabited by her creation, the James Bond-like Aubrey Argylle (Henry Cavill), blend into each other until audiences don’t know what’s real and which way is up. There’s also the fact that the movie is reportedly inspired by a novel written by a real author called Elly Conway. If you sat through the movie and you’re still confused on a few points, you aren’t alone.