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USD/JPY=> The pair falls to 135.00 BTC/USD =>The cryptocurrency falls below 17k USD/CAD=> The holds steady below 1.3450 USD looks to jobs data USD/JPY fell to its lowest level since mid-August as the USD extended its selloff post-Powell, after mixed data. While Us jobless claims were stronger than expected in an encouraging sign for the labour market, the manufacturing PMI was below forecasts raising concerns over a recession in the US, which would rein in the need to rate hikes. Today, all eyes are on the non-farm payroll, which is expected to show that 200k jobs were added in November,…
S&P500=> The index rises towards 4100 BTC/USD =>The cryptocurrency rises above 17k Oil=> The commodity rises over $80.00 S&P jumps after Powell’s speech US stocks have rallied after Federal Reserve Chair Jerome signalled that the Federal Reserve would likely slow the pace of rate hikes as of next month. His comments commented on expectations for a 50 basis point hike in December after four 75 basis point hikes. He added that interest rates could end higher than expected in September, which was 4.65%, and suggested that they could stay higher for longer. While the Fed is prepared to slow hikes,…
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