Gold Price Weekly Forecast: XAU/USD Boosted by Lackluster NFP and Weaker Dollar
Dismal NFP jobs data and a weaker dollar helped boost gold prices on Friday. We take a look at the week ahead to assess whether the move is likely to…
Read More »ForexLive Americas FX news wrap: Dollar struggles after big non-farm payrolls miss
Forex news for September 3, 2021: Markets: – US 10-year yields up 3 bps to 1.324% – Gold up $19 to $1828 – WTI crude oil down 72-cents to $69.28…
Read More »Reuters poll: Dollar awaits Fed action, ECB to slow bond purchases
Reuters released details of a fresh economic survey concerning the US dollar trend and the European Central Bank (ECB) moves during early Friday. “The
Read More »A big miss for ADP & significance for NFP
EURUSD,H1 US ADP reported private payrolls increased only 374,000 in August, another disappointing number and about half the consensus estimate of 650,000. Also, the already soft July report was revised…
Read More »Market Update – August 27 – All Eyes on Jackson Hole
Market News Today USD (USDIndex 92.98) rallied on hawkish taper talk from Kaplan, Bullard and George to 93.13 before cooling. Yields held on to gains & flattened (10yr 1.342%), while…
Read More »Events to Look Out for Next Week
Geopolitical risks and virus developments have remained in focus and against that background taper fears have eased. The threat to global growth from the Delta variant is weighing on sentiment…
Read More »Market Update – August 23 – Dollar Dips, Equities Hold gains
Market News Today – USD (USDIndex 93.32) ticks lower again today, but holds significantly over 93.00.Yields (10yr 1.26%) lower as Asian stock markets follow US higher. (USA500 closed +0.81% @…
Read More »US dollar catches a broad bid as the euro spills through 1.17
Stops run in Asia There’s no news behind this latest push in the US dollar, which is rallying right across the board. I’m tempted to point the finger at EUR/USD…
Read More »Nikkei 225 opens flat
Minimal action in the dollar There’s not much distance between these levels and the lows of the last four months.
Read More »USOIL turned to 66 giving the CAD a bit of breathing room
Yields continue to dip with the long end leading the way in a bull flattener unwinding the big bear steepener from late last week. The bond market is more focused…
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