After closing out Friday over 300 points higher, based on the surprising NFP number, DOW Futures are indicating a higher opening later this morning.
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Daily Brief
Daily Market Pulse
U.S. data on Thursday showed jobless claims remained elevated at 860,000, which means the labor market’s recovery is showing new signs of losing momentum.
Daily Market Pulse
The FX market remained volatile over the last week after the Fed promised to keep rates ultra-low for a longer period than initially thought and also due to the continued lack of progress in U.S. fiscal stimulus talks.
Daily Market Pulse
870,000 more Americans filed for first-time unemployment benefits last week ending on September 19, the Labor Department announced Thursday.
Daily Market Pulse
The Markit Services PMI data published on Monday showed that the economic activity in the service sector continued to expand at a solid pace.
Daily Market Pulse
On Wednesday, the dollar index finished up +0.27% against a basket of major currencies.
Daily Market Pulse
The Fed has had their say and currency traders have been buying dollars since the announcement yesterday.
Daily Market Pulse
The USD is trading lower this morning as traders await the conclusion of the two-day FOMC meeting.
Daily Market Pulse
Yesterday, the Dollar Index closed its last trading session with gains of (+0.59%).
Interview with Patricia Tan of Coldwell Banker Residential Real Estate
We asked one of our most successful property partners a few questions about the buying process for their clients, the foreign exchange market and how working with moneycorp has benefitted them and their clients
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