GBP/USD remains under 1.3200 before US NFP data
The GBP/USD pair is set to decline further, hovering around 1.3195 during the Asian trading session on Friday. The Bank of England (BOE) may lower bank fees from 4.25% to 4.0% next week. Trump has maintained a global tariff rate at a modest 10%. During Friday’s Asian session, the GBP/USD exchange rate is expected to […]
EUR/USD stabilizes around 1.1400 as strong US data reinforces Fed’s decision, focus on NFP
EUR/USD Market Update The EUR/USD increased by 0.10% to 1.1417 despite robust US economic indicators. The US Core PCE inflation rate climbed to 2.8% year-on-year, with initial unemployment claims dropping to 218,000. The Federal Reserve voted 9-2 to maintain interest rates, with Powell downplaying expectations of a rate cut in September. On Thursday, following strong […]
US Dollar remains steady as NFP approaches, DXY stuck in a narrow band beneath important resistance
Following better-than-expected non-farm payroll (NFP) data for June, expectations for interest rate hikes and cuts have eased regarding the US dollar. The US economy added 147,000 jobs in June, while the unemployment rate unexpectedly dropped to 4.1%. While the US-Vietnam trade deal has eased some tensions, negotiations continue ahead of the July 9 deadline. The […]
USD/JPY rises as positive NFP boosts US Dollar
USD/JPY Sees Nearly 1% Spike Following Strong US Employment Data US economy added 147,000 jobs in June; unemployment rate unexpectedly drops to 4.1% Bank of Japan’s Takata indicates that rate hike pause is temporary, as Japan nears 2% inflation target The Japanese Yen (JPY) is likely to weaken against the US Dollar (USD) this Thursday. […]
USD/INR rises slightly at the start before US NFP data release
The Indian Rupee Strengthens Against the Dollar The Indian rupee has gained significantly against the US dollar ahead of the June US non-farm payroll (NFP) data release. The US NFP figures hold substantial influence over market sentiments regarding the Federal Reserve’s monetary policy direction. Foreign institutional investors (FIIs) sold Indian equities worth Rs. 3,531.76 crores […]
Gold Price Outlook: XAU/USD remains steady close to weekly peak around $3,360 as US NFP draws attention
Gold Market Update Gold prices hover around $3,365 ahead of US NFP data for June. In June, the US private sector saw job cuts as businesses reduced their workforce. Gold prices are attempting to maintain the upward triangle formations on daily charts. During Thursday’s European trading session, gold (XAU/USD) is maintaining a profit near $3,365, […]
EUR/USD loses some early gains as US NFP exceeds expectations – FXStreet
The EUR/USD is losing some of its earlier gains as the US dollar rebounds following the April Non-Farm Payroll (NFP) data. April’s flash HICP data for the Eurozone indicates inflation pressures increased more than anticipated. China has expressed readiness to engage in trade discussions with the United States, which has improved market sentiment. The EUR/USD […]
Gold sticks to modest intraday gains; lacks bullish conviction ahead of US NFP report – FXStreet
Gold prices gain positive traction and leave Thursday's two-week low set. The modest USD downtick provides support for the Xau/USD pair ahead of the US NFP report. Optimism about the possibility of US-China trade negotiations may curb valuable metals. Gold prices (XAU/USD) touch on new daily highs in the early days of Friday's European session, […]
EUR/USD holds below 1.1300 on firmer US Dollar, all eyes on US NFP data – FXStreet
EUR/USD will lose ground to near 1.1290 in early Asian session on Friday. The US is seeking a tariff talks with China, raising hopes for a de-escalation trade war. Traders are waiting for the US April non-farm salary report later Friday. EUR/USD During the early Asian sessions on Friday, the pair softens to about 1.1290. […]
The Week Ahead: Markets Eye Apple, Meta, Amazon Results Plus PCE and NFP Data – FXEmpire
WeeklyAmazon.com, Inc. Amazon.com (AMZN): EPS $1.36, revenues of $155.1 billion. Please note the commentary on supply chain costs under the new global tariffs. Apple (AAPL): EPS $1.61, revenue forecast of $94.1 billion. Find Q2 strength from quick iPhone shipments and preferred FX movements. Over 60% of the S&P 500 reported revenue by May 2, which […]