US Employment data boosts USD

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At 12:30 GMT, the US monthly employment data caused a strengthening of the USD. The EUR/USD immediately dropped 22 base points or 0.19%, on the release of data.

The release consisted of three data sets. The Average Hourly Earnings hit the forecast of 0.4% increase. Non-Farm Employment Change revealed a 531K increase, compared to the forecast 455K. Meanwhile, Unemployment Rate was at 4.6% instead of the forecast 4.7%.
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Wed, 10 Nov 2021 15:17:57 GMT

US inflation data causes USD volatility

At 13:30 GMT, on Wednesday, the US statisticians published monthly US inflation data. The numbers were higher than forecast, which caused a short lived USD surge. For example, the EUR/USD currency exchange rate dipped 24 base points or 0.21%. However, the pair returned to previous levels after just 15 minutes. The data caused the drop due to the US Consumer Price

Fri, 05 Nov 2021 11:25:46 GMT

08.11.-12.11. US Inflation Data

The second week of November is expected to be a calm one, as there are no scheduled data releases, which have shown to be capable of causing notable volatility. However, note that US inflation data sets will be published during the week. US monetary policy makers use the data as a benchmark for their decisions. On Tuesday, the US Producer Price

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