The dollar loses strength after setting new highs in years. Equity markets in positive, with modest gains. Japan in shock after assassination of former prime minister. The US employment report for June is coming. Stocks in Europe are rising on Friday, while futures on Wall Street alternate gains and losses. Traders await US jobs report […]
Tag: NFP
USD/CAD clings to intraday gains above 1.3000, focus on US and Canadian jobs data
A combination of supportive factors help USD/CAD regain positive traction on Friday. Expectations of an aggressive rate hike from the Fed and cautious sentiment in the markets push the dollar to a new 20-year high. Recession fears cap oil prices, weighing on the CAD and providing support for the pair. Investors now await the publication […]
USD/CHF rises to a three-week high around the 0.9800 level ahead of the NFP
Sustained buying interest around the dollar pushes USD/CHF to a fresh multi-week high on Friday. Cautious market sentiment supports the safe haven CHF and caps the pair’s upside. Furthermore, investors are reluctant to open aggressive positions ahead of the release of the US NFP jobs report. The pair USD/CHF has extended its recent strong bounce […]
GBP/USD falls near 1.1900 as USD hits fresh two-decade high before NFP
GBP/USD sees fresh selling on Friday and gives back a significant portion of the previous day’s gains. Domestic issues continue to weigh on the British pound and act as a headwind for the pair. Expectations for an aggressive rate hike from the Fed lift the dollar to a new 20-year high and contribute to the […]
Forex Today: Sentiment Turns Cautious as Focus Turns to US NFP Employment Report.
This is what you need to know to trade today friday july 8: Following Thursday’s turmoil in the markets, investors seem to have turned cautious ahead of the NFP jobs report being released on Friday June in the United States. DXY dollar index continues to rise above 107.00, US stock index futures down 0.4%-0.6% and […]
Gold Price Forecast: XAU/USD looks vulnerable near yearly low, holds below $1,750 ahead of NFP
The price of gold continues its struggle to post a significant recovery from the yearly low. Expectations of an aggressive Fed rate hike are keeping the dollar near its 20-year high and capping gold’s gains. Recession fears benefit XAU/USD as attention turns to NFP. The price of Prayed extends its consolidation move on Friday and […]
USD/JPY jumps to three-week highs above 130.50 after US jobs report.
US jobs report slightly beats expectations. The dollar rises throughout the market, driven by yields. USD/JPY one step away from having the highest weekly close since April 2002. The USD/JPY jumped from 130.10 to 130.64, after the US employment report, reaching the highest level in three weeks. The pair remains in the area of ​​highs […]
EUR/USD looks offered near 1.0710 after NFP report
EUR/USD loses ground and tests the 1.0710 level on Friday. US nonfarm payrolls increased by 390,000 jobs in May. Unemployment was unchanged at 3.6%. The EUR/USD loses further ground and revisits the low of 1.0700 after the release of May non-farm payrolls at the end of the week. EUR/USD continues to target the 1.0800 zone […]
AUD/USD pulls back from six-week highs near 0.7300
AUD/USD has pulled back from six-week highs to 0.7240. However, the pair maintains significant gains for the week amid a cocktail of bullish tailwinds. The AUD/USD has pulled back from six-week highs it hit earlier in the session at 0.7280 and is now trading 0.3% lower on the day, with the Australian dollar one of […]
S&P 500: Futures in negative, awaiting more economic data
Stocks in the red ahead of US jobs data Markets in relative calm in the preview of the payrolls that can bring noise. OPEC+ announcement fails to relieve oil prices. Following Thursday’s rally, Wall Street’s major index futures are in the red ahead of key US labor market data. The dollar is up slightly and […]
