US Challenger report on job cut announcements for February was released today at 12:30 pm GMT. Report showed job cuts at 84,638 thousand for the previous month, more than 82,307 announced for January. Job cuts in February 2024 were also 8.8% higher than a year ago. However, the market completely ignored the release with USD or US equity index futures barely moving.
EURUSD continues to trade a touch below 1.09 mark following release of US Challenger report for February. Source: xStation5
Daily Summary: US100 Hits New Highs on Weak NFP 🚨
BREAKING: US NFP data surprises to the downside; USD dips🔥
🟡Gold takes a breath, because of oil, not NFP
BREAKING: Eurozone flash CPI higher than expected, euro reacts