(eToro Blog)The U.S. Bureau of Labor Statistics reported earlier that January’s non-farms payroll data showed the creation of 243,000 new jobs. Analysts polled ahead of the release were forecasting an increase of only 150,000 new jobs. December’s data was revised to 203,000 new jobs. Notably, the unemployment rate fell again, this time to 8.3%, even [...]
European Currencies 
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OpenBook Traders Jockey for Position as NFP Looms
(eToro Blog) The U.S. government will later today release data for January’s non-farms payroll sector. The ADP report released on Wednesday showed that 170,000 new jobs were created against expectations of 185,000 and a marked decline from 325,000 in December. Given that, analysts are expecting that the Bureau of Labor’s official data will show an [...]
Speculation of SNB’s Move Keeps Swissie Trade Brisk
(eToro Blog) Swiss bulls stand at the ready for an SNB intervention. Speculation is rife that it will come soon and recent data pointing to a slowing down of the Swiss economy may hasten the decision. Yesterday, it was reported that the pace of Swiss manufacturing slowed in January, even as the frail Eurozone showed [...]
