Category: Market News

The US Monthly Jobs Report: October’s impact on the markets
December 05, 2018 BY Valentina Kirilova

The US Monthly Jobs Report: October’s impact on the markets

The following article was written by FXTM Research Analyst Lukman Otunuga. On the first Friday of every month, circa 1.30pm GMT, the US Bureau of Labor Statistics issues its monthly Employment Situation Summary – more widely known as the Jobs Report. The report not only estimates the number of employed and unemployed citizens, but also…

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Saxo Bank’s 10 Outrageous Predictions for 2019
December 04, 2018 BY Valentina Kirilova

Saxo Bank’s 2019 Outrageous Predictions: Corbyn sends GBPUSD to parity, Germany enters recession, Trump tells Powell “you’re fired”

One of the more interesting traditions in the forex world as we head toward the year-end is Copenhagen based Retail FX broker Saxo Bank’s annual “Outrageous Predictions”. Of course, the company does not give 100% chance that any of this will surely happen the way they predict it, but if you are a trader, it's…

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The Pound could be on its way to parity
October 16, 2018 BY Valentina Kirilova

The Pound could be on its way to parity

Wage growth in the UK, excluding bonuses, has risen at its fastest pace in nearly 10 years during the three months to the end of August, boosting sterling as upbeat data on the mortgage market also helped offset no-deal Brexit fears. Pay rose by 3.1%, compared with a year ago, while inflation for the same…

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