Previous post Next post

The weekend Forex Report for the week starting September 4,2022: The USD remains the king

The dollar continued to move higher last week. The US jobs report did show a modestly higher than expected NFP value, but there were other dampening details including more people entering the workforce which may take some pressure off wages. 

US yields move higher out the curve as traders prepare for a tighter Fed for longer.  

The US stocks fell for the 3rd week in a row led lower by the Nasdaq once again. 

Russia continues to be a focus as they hold all the cards as far as energy and that may continue into perpetuity.  China looms on the outside looking in.

I also look at the technicals that are driving the dollar buying and what may give sellers more hope (i.e. short term risk).
Full story here Are you the author?
About Forexlive
Forexlive
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
Previous post See more for 4.) Forex Live Next post
Tags: ,

Permanent link to this article: https://snbchf.com/video/weekend-forex-report-starting-september-42022-usd-remains-king/

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.