SUMMARY GDP measures the value of goods and services produced in the UK. The reading refers to a three-month growth rate, which is a better indicator of the underlying growth in GDP as the monthly figure is likely to be more volatile. In this sense, the monthly release can be thought of as a monthly update on three months’ worth of data on the economy, rather than...
SUMMARY GDP measures the value of goods and services produced in the UK. The reading refers to a three-month growth rate, which is a better indicator of the underlying growth in GDP as the monthly figure is likely to be more volatile. In this sense, the monthly release can be considered a monthly update on three months’ worth of data on the economy, rather than a...
As mentioned above, the US dollar was expected to gain strength through 2022 on the back of its strengthening economy and an increasingly hawkish central bank. According to the analysts, USD was expected to rise against some of the key currencies. Whether you buy or sell is your decision
The free-market economy of Japan, which has developed industrially, ranks fourth among the world's economies. Its electronics industry is the world's most important, and it also boasts the third-largest vehicle industry. Despite the fact that Japan's economy is well-known for its efficiency and competitiveness in export-oriented sectors, productivity in other...
The Initial Jobless Claims 4-Week Average indicates the number of persons who filed for unemployment insurance for the first time in the last four weeks. The indicator is used to gauge the labour market's health and the overall health of the US economy. In other words, the indicator indicates the number of persons who lost jobs over the specified time period.
The Initial Jobless Claims 4-Week Average indicates the number of persons who filed for unemployment insurance for the first time in the last four weeks. The indicator is used to gauge the labour market's health and the overall health of the US economy. In other words, the indicator indicates the number of persons who lost jobs over the specified time period.
Approximately 4,700 households with more than two people are included in the Japan Monthly Consumer Confidence Survey, which is conducted through direct visitation. The poll asks on four topics: consumer perceptions of their entire livelihood, income growth, employment, and propensity to purchase durable products, among others. On the basis of the respondents'...
Spain Unemployment Rate In Spain, the unemployment rate is calculated as the number of people actively seeking work divided by the total number of people in the workforce. A higher than expected figure should be seen as negative (bearish) for the EUR while a lower than expected figure should be seen as positive (bullish) for the EUR.
The GfK Consumer Climate Indicator poll is designed to elicit information on respondents on income predictions, buying proclivity, and savings. The poll questions 2000 adults aged 14 years and older. The indicator's components are determined as the difference between affirmative and negative responses to the questions posed. Their value can range from -100 to +100...
✅EUR/USD Potential Sell The pair continues its attempts to settle below the support level at 1.1300. In case EUR/USD settles below this level, it could move towards the next support which is located near yesterday’s lows at 1.1270. Targets 1.1260 / 1.1230 / 1.1200 Stop above the resistance line
The Dollar/Yen is inching higher early Monday after being battered last week as investors sought protection in the safe-haven Japanese Yen. After reacting to four straight days of “risk-off” trading, the Forex pair is posting an inside move. This suggests investor indecision and impending volatility.