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Week Ahead: Can nonfarm payrolls halt the dollar’s descent?

Week Ahead: Can nonfarm payrolls halt the dollar’s descent?

FromGlobal Market Insights - Forex, Futures, Stocks


Week Ahead: Can nonfarm payrolls halt the dollar’s descent?

FromGlobal Market Insights - Forex, Futures, Stocks

ratings:
Length:
6 minutes
Released:
Jul 31, 2020
Format:
Podcast episode

Description

It’s a huge week ahead, with the Reserve Bank of Australia and the Bank of England both announcing their rate decisions ahead of the all-important US employment data. For markets, the burning question is whether a decent payrolls report will be enough to halt the dollar’s relentless slide. The other variable that will impact most charts through the risk sentiment channel is whether Congress will reach a compromise on the new rescue package, and if so, how much they will deliver.Risk Warning: 75.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: http://www.xm.com/market-analysis-videoIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.Visit our page for more: http://www.xm.com the international Forex broker.
Released:
Jul 31, 2020
Format:
Podcast episode

Titles in the series (100)

XM's trading podcast, Global Market Insights, reflects our commitment to providing traders with meaningful and informative content based on diversity and practical purpose, encompassing up-to-date information needed for online investing and updates on economic events across the globe.For more in depth technical and fundamental analysis, be sure to visit www.xm.com/research.Trading Point of Financial Instruments Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) (licence number 120/10). Trading Point of Financial Instruments Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) (licence number 443670), and XM Global Limited is regulated by the Financial Services Commission of Belize (FSC) (licence number 000261/397).