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ForexLive Asia-Pacific FX news wrap: Awaiting the US jobs (NFP) report – ForexLive

High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]

Gold price bulls turn cautious near $2,525 hurdle, ahead of US NFP report – FXStreet

Gold prices continue to find support from a US dollar selling bias due to the dovish Fed stance. Concerns over a U.S. economic recession are further pushing down the price of safe-haven gold. Traders are being cautious ahead of the release of key U.S. employment data. Gold prices (XAU/USD) surged Thursday, approaching the $2,524-2,525 supply […]

AUD/USD trades with mild gains above 0.6650, all eyes on US NFP data – FXStreet

In early Asian trading on Friday, AUD/USD was trading modestly higher around the 0.6670 level. Weak U.S. employment data this week has led to growing expectations that the Fed will cut interest rates in September. The RBA’s Bullock said the central bank would not hesitate to raise interest rates again if inflation remained high. In […]