Non-farm payrolls (NFP) news

Stay ahead of the curve with our dedicated non-farm payrolls (NFP) page. This crucial economic indicator provides a snapshot of US employment, excluding agricultural workers, and has a significant impact on financial markets. Here, you'll find up-to-the-minute coverage of NFP releases, including expert analysis of the data, its implications for the Federal Reserve's monetary policy, and its influence on various asset classes. Explore forecasts, understand market reactions, and gain insights into the broader economic trends revealed by this key report.

EUR/USD extends losses, Fed meeting looms

Fed widely expected to hold rates The euro is in negative territory on Wednesday after posting a losing session a day earlier. In the North American session, EUR/USD is trading at 1.0532, down 0.40%. Fed expected to pause rates The Federal Reserve makes its interest rate announcement later today and the markets have fully priced in rate pause, which would keep the benchmark rate at 5.25%-5.50%.

Nov 01, 2023 by Kenneth Fisher

New Zealand dollar steady, employment eases

New Zealand job growth declines US JOLTS Job Openings rise Fed widely expected to pause at today's meeting The New Zealand dollar is trading quietly on Wednesday. In the North American session, NZD/USD is trading at 0.5830, up 0.10%. New Zealand employment declines, unemployment rises New Zealand's labour market was expected to ease in the third quarter, but the decline in job growth was a surprise.

Nov 01, 2023 by Kenneth Fisher