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.

Swiss franc pares gains after inflation release

Swiss inflation unchanged at 1.7% The Swiss franc has edged higher on Thursday. In the North American session, USD/CHF is trading at 0.9064, down 0.17%. Swiss inflation steady at 1.7% Switzerland's inflation rate remained at 1.7% y/y in October, matching the market consensus.

02-11-2023 12:27 GMT by Kenneth Fisher

EUR/USD extends losses, Fed meeting looms

Fed widely expected to hold rates The euro is in negative territory on Wednesday after posting a losing session a day earlier. In the North American session, EUR/USD is trading at 1.0532, down 0.40%. Fed expected to pause rates The Federal Reserve makes its interest rate announcement later today and the markets have fully priced in rate pause, which would keep the benchmark rate at 5.25%-5.50%.

01-11-2023 13:58 GMT by Kenneth Fisher