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Week Ahead: Could there be another NFP shock in store for the dollar?

Week Ahead: Could there be another NFP shock in store for the dollar?

FromGlobal Market Insights - Forex, Futures, Stocks


Week Ahead: Could there be another NFP shock in store for the dollar?

FromGlobal Market Insights - Forex, Futures, Stocks

ratings:
Length:
8 minutes
Released:
May 28, 2021
Format:
Podcast episode

Description

As predictions about higher inflation turn out to be mostly correct, investors haven’t been doing such a good job in reading the health of the US labour market. The May nonfarm payrolls report will be an important test for the markets. But a busy data week means traders will have more than the US jobs report to grapple with. Australian and Canadian GDP prints, as well as Eurozone flash CPIs are some of the other highlights. The Reserve Bank of Australia will kick off the June central bank gatherings.Risk Warning: 78.28% 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:
May 28, 2021
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).