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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.

Euro steady as ECB poised to deliver rate cut
The euro is showing limited movement ahead of the ECB rate decision later today. EUR/USD is trading at 1.0879 in the European session, up 0.10% on the day. ECB likely to cut, but then what? Barring a huge surprise, the European Central Bank will cut its deposit rate later today.
Jun 06, 2024 by Kenneth Fisher
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USD/CAD rises after Bank of Canada rate cut
The Bank of Canada lowered interest rates earlier on Wednesday and the Canadian dollar has lost ground against its US counterpart. In the North American session, USD/CAD is trading at 1.3713, up 0.28%. Bank of Canada cuts cash rate to 4.75% The Bank of Canada took the plunge and cut interest rates for the first time in over four years, lowering the cash rate by 0.25% to 4.75%.
Jun 05, 2024 by Kenneth Fisher
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