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Dollar Firms as Labor Market Defies Macro Headwinds

Market Summary Markets traded mixed on Friday as investors digested stronger-than-expected April U.S. jobs data, which offered tentative relief following a week of downbeat economic prints. Nonfarm payrolls rose by 177,000—beating expectations of 130,000—while the unemployment rate held steady at 4.2%. Solid hiring in healthcare and logistics offset a decline in federal jobs, suggesting theContinue Reading
Written on May 5, 2025 at 6:05 am
Categories: Daily Market Analysis
Tags: dollar, Gold, labor market, NFP
Chart the Market (05/05/2025)

NASDAQ, Daily The Nasdaq index is trading higher, extending its rebound from the strong support level at 17,105.00, driven in part by renewed trade optimism. The index is currently testing a critical resistance level at 20,255.00. Technically, MACD indicates growing bullish momentum, while the RSI is at 59, suggesting the bullish bias may continue asContinue Reading
PU Prime Launches $8,000 Copy Trading Competition

PU Prime is excited to announce the launch of its Copy Trading Competition, an exclusive event running from 5 May to 30 May 2025, designed to reward top-performing signal providers and active participants on the PU Copy Trading App. With a total prize pool of USD 8,000, this contest aims to recognize trading excellence whileContinue Reading
Written on May 5, 2025 at 2:35 am
Categories: Promotion
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