Key levels to watch ahead of US NFP Report

Key levels to watch ahead of US NFP Report

After heavy Wall Street correction on Thursday, today the Investors and traders will closely monitor the US non-farm payrolls report due later in the session. The market participants are anticipating a gain 1.4 million jobs in August, the unemployment rate is expected to tick down to 9.8%.

Why shares of Moderna jumped 6% on Wednesday

Why shares of Moderna jumped 6% on Wednesday

American Biotechnology firm, Moderna (NASDAQ: MRNA) shares closed in positive for the second consecutive day. The $MRNA stock closed more than 6% higher on Wednesday after the early data of its experimental COVID-19 vaccine showed comparable immune response between older and younger volunteers. The analysis looked at 100 microgram dosage that has been selected for the larger Phase 3 trial.

Will the US Dollar continue to rise this week?

Will the US Dollar continue to rise this week?

The US dollar index, a measure of the USD’s value against a weighted basket of foreign currencies. During the last week, the king dollar ended higher after the 8-week losing streak boosted by the release of the FOMC minutes which provide both caution and less dovish tones. The dollar also received continues support on Friday after better-than-expected the US home sales and PMI data.