GBP/USD grinds lower but stays around 1.2350s after upbeat US NFP report
The British pound appears to regain composture but remains losing in the day, down 0.06%, after the Bank of England hiked rates by 25-bps on Thursday.
Read More »USD/JPY pierces 115.00 on firmer yields ahead of US NFP data
USD/JPY takes the bids to refresh daily high around 115.05 while paring the weekly losses as Tokyo opens for Friday’s trading. In doing so, the yen pa
Read More »AUD/USD Eyes RBA Policy Statement After US Tech Earnings Boosts Sentiment
AUD/USD is slightly higher in early Asia-Pacific trade after a set of positive tech earnings on Wall Street boosted market sentiment. The RBA policy statement is now in focus, along…
Read More »AUD/USD Higher on US Debt Ceiling Deal – Focus Turns to Chinese PMIs, US NFPs
The Australian Dollar moved higher versus the US Dollar overnight as US lawmakers advanced negotiations over raising the debt ceiling. APAC traders await Chinese PMIs and US NFP data.
Read More »Weekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday
Gold prices have finally started to respond to a promising fundamental backdrop – but as always, the US labor market report can upend even the best laid plans of mice…
Read More »AUD/USD Eyes Trade Data as Post-Australia GDP Move Fails at Technical Resistance
Asia Pacific markets may trade in calm waters as investors await the highly anticipated US NFP report. Meanwhile, AUD/USD may see a directional shift after trade data for May crosses…
Read More »Australian Dollar Forecast: AUD/USD to Rise on Prevailing Sentiment?
AUD/USD looks to start the week on a positive tone after last week's US NFP miss increased the expected timeline on ultra-loose global monetary conditions.
Read More »Gold Price Analysis: XAU/USD to face stiff resistance at $1736 after double-bottom reversal
Gold (XAU/USD) is struggling to extend its last week’s recovery on Easter Monday, as outstanding US NFP data-induced risk-on market mood underpins the
Read More »US NFP: High-frequency labor market information indicates strong September job gains – Goldman Sachs
Ahead of the September month US employment numbers, up for publishing at 12:30 GMT on Friday, Goldman Sachs came out with its upbeat forecasts. The ba
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