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 […]
Pound Sterling outperforms US Dollar as US NFP, wage growth miss estimates – FXStreet
Sterling for the pound is strengthened to nearly 1.2940 against the USD, as it is an estimate of labour demand for the US dollar. Until April 2nd, the US President exempted from customs duties on imports of goods compliant with the USMCA law. Boe's Catherine Mann believes that a progressive policy approach is undesirable amid […]
EUR/USD advances as US Dollar slumps ahead of US NFP – FXStreet
EUR/USD will rise above 1.0850 as the US dollar performs poorly ahead of the US dollar's NFP data release in February. President Trump has announced exemptions for more products imported from Canada and Mexico. Due to German debt reforms, traders forced ECB dovish bets. EUR/USD is posting a new four-month height jumping over 1.0850 in […]
Gold (XAU) Silver (XAG) Daily Forecast: Traders Await NFP Report as Gold Tests Key Resistance – FX Empire
Silver will consolidate as rate cut expectations are built Silver (Xag/USD) is trading at $32.55, slightly above the session low of $32.43. The metals are confirmed, and support from the softer US dollars has increased speculation that the Federal Reserve will ease its policy in the coming months. However, concerns about global trade and suppressed […]
WTI Price Analysis: Oil prices rise after NFP data – FXStreet
As US labor market data fuels, WTI crude oil surges as it demands optimism. Non-farm salaries miss out on expectations, but wage growth continues to be strong. Workforce participation rates are higher, supporting energy demand outlook. West Texas intermediate (WTI) crude oil prices have been around $70.80 since rising Friday. Non-farm payroll (NFP) data revealed […]
Gold in the green just ahead of NFP release – FXStreet
Gold sees previous profits being reduced touch. Non-farm salaries fell below consensus, and unemployment rates fell. Gold is looking at the new, greatest odds of all time for Fade this Friday. Gold prices (XAU/USD) do not print fresh, top-highs this Friday ahead of the weekend. The non-farm salary number was 143,000, which was below the […]
Gold (XAU) Silver (XAG) Daily Forecast: Trade Tensions Boost Metals, US NFP in Focus – FX Empire
Analysts hope that if future U.S. job data shows signs of a weakening of the labor market, the Fed will be forced to cut interest rates and further strengthen its bullish prospects for gold . As silver demand sways, silver faces turn Silver (XAG/USD) is under pressure and is trading at $32.17 after hitting a […]