Latest data released by Eurostat – 1 July 2021 Prior 8.0%; revised to 8.1% A slight drop in the jobless rate for May, which reaffirms a more steady trend in employment conditions in the euro area over the last few months. That said, there are still some caveats to the figure above, which Eurostat also
Month: July 2021
USD/JPY is a key chart to pay attention to before the end of the week Invest in yourself. See our forex education hub. Dollar strength this week has been a key theme and while the yen largely held its own in the early stages, it wasn’t to be yesterday as USD/JPY buyers overwhelmed sellers to
NEW DELHI: Gold prices edged lower on Thursday in global markets as the dollar hovered near a three-month peak, with investors looking ahead to a key US jobs report due later this week. However, the yellow metal gained in domestic markets as the government slashed the base import price of the precious metal. US private
Dollar’s rally continues to make progress, one step at a time. Solid job report overnight helped lift the greenback through near term resistance against Euro and Yen. Nevertheless, reaction in stocks were subdued. Focus will now turn to ISM manufacturing today for more inspirations. Meanwhile, commodity currencies and Swiss Franc are currently the weakest for
A “For Sale” sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images Record high home price appreciation is sidelining ever more buyers and finally taking the bang out of the pandemic-induced housing boom. Weekly mortgage demand is falling along with it, down 6.9% for the week according to
Gold price is building on Wednesday’s rebound from two-month lows of $1750, although the bulls seem to lack follow-through momentum, as the US dollar holds the higher ground. The risk-off sentiment remains at full steam amid growing concerns over the rapid spread of the Delta covid strain, especially in the Asia-pac region. Meanwhile, rising expectations
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