Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
Weekly employment data for the US: what to expect?
Information is not investment advice
What will happen?
The United States will release the weekly Initial Jobless Claims on May 13, at 15:30 MT time. This is the earliest economic data of the country that reports the number of people who claimed unemployment insurance for the first time during the previous week. The number of unemployed people is an important signal of overall economic health. That is why the release may bring short-term volatility to the US dollar.
How to trade on the Initial Jobless Claims?
Check the economic calendar, which contains the expectations of analysts.
- If the actual figures are lower than the forecasts, the USD will strengthen;
- Alternatively, higher-than-expected figures will make the US dollar weaker.
Instruments to trade: EUR/USD, GBP/USD, USD/JPY
Similar
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
The US national GDP is in focus next week
What's going on with the US GDP? Economists think that the first quarter will be pessimistic. Let's check.
Popular
Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
Choose your payment system
