Rather than signaling a setback, December’s modest employment gain and rising unemployment rate reinforce our view…
Category: Forex
GBP/USD slips below 1.3450 as Nonfarm Payrolls slash January Fed cut bets
The Pound Sterling (GBP) retraces on Friday after December’s Nonfarm Payrolls report delivered mixed figures, though…
USD/JPY firms near one-year highs as markets scale back near-term Fed cuts
The Japanese Yen (JPY) extends its losses against the US Dollar (USD) on Friday, with USD/JPY…
Gold rockets above $4,500, set for 4% weekly gain post US NFP
Gold price rises on Friday, poised to end with weekly gains of nearly 4% as an…
AUD/USD dips as US Dollar gains on labor data, weak Australian CPI
AUD/USD trades lower on Friday, with the pair hovering around 0.6680 at the time of writing,…
GBP/CAD steady as markets digest mixed Canada employment report
The Canadian Dollar (CAD) trades little changed against the British Pound (GBP) on Friday, with GBP/CAD…
EUR/USD ends week near 1.1640, posts 0.7% loss as Dollar dominates
EUR/USD prolonged its agony throughout the week, poising to print losses of 0.70%, as it fell…
Labour market is steady, but hiring remains uncomfortably narrow
Richmond Fed President Tom Barkin said the decline in the unemployment rate was welcome and described…
USD/CAD rises as US Dollar strengthens on jobs data, Oil weighs on CAD
USD/CAD trades around 1.3900 on Friday at the time of writing, up 0.25% on the day,…
Gold edges higher after mixed US labour data
Gold (XAU/USD) holds steady on Friday as markets digest mixed US labour data. At the time…