Americas FX news summary: Non-farm payrolls meet expectations, dollar rises
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Australian Dollar stays weaker as US Dollar rises before Nonfarm Payrolls
The Australian Dollar May Experience Changes Ahead of US NFP Reports Negotiations on tariffs continue following productive discussions between President Trump and Chinese President Xi Jinping. The US non-farm payroll may have increased by 130,000 jobs in May, with the unemployment rate expected to hold steady at 4.2%. The Australian Dollar (AUD) is set to […]
Nonfarm payrolls ahead, TSMC sales top estimates – what's moving markets – Investing.com
Investing.com – U.S. stock futures fell sharply ahead of Friday's release of the all-important December Nonfarm Payrolls report. This statistic could affect the Federal Reserve's interest rate expectations, and many central bank officials are already expressing some caution about the possibility of future rate cuts. Another company, Taiwan Semiconductor Manufacturing Co., Ltd. (TW:), reported that […]
Gold price ticks higher ahead of US Nonfarm Payrolls report – FXStreet
Gold prices have rebounded and risen ahead of November's US NFP data, which will influence market expectations for the Fed's interest rate path. Traders are leaning toward the Fed cutting interest rates by 25 basis points on Dec. 18. Violations of ceasefire terms between Israel and Hezbollah have reignited tensions in the Middle East, providing […]
Gold prices tread water as rate fears grow ahead of nonfarm payrolls – Investing.com
Investing.com — Gold prices were little moved in Asian trading on Friday as markets continued to dislike the yellow metal ahead of important U.S. jobs data, but the prospect of higher interest rates for an extended period of time pushed gold lower for the week. It is expected to decline. The yellow metal had tumbled […]
EUR/USD remains below 1.0900 post intraday gains, US Nonfarm Payrolls eyed – FXStreet
share: EUR/USD extended its gains as the US dollar weakened following mixed US data. The euro could face difficulties as markets speculate about an ECB rate cut in June. If US NFP declines as expected, the US dollar could suffer further losses. EUR/USD extended its gains for the second day in a row, […]
Gold prices steady at $2,050 as dollar slides before nonfarm payrolls data By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices stabilized near two-week highs on Friday, with firm bets on Fed rate cuts weighing on the dollar and further non-farm jobs data due later in the day. Against the backdrop of clues, the major standards were exceeded. . The yellow metal has largely canceled out the Fed’s signal that it […]
Gold steadies below $2,050 as markets await nonfarm payrolls report By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices were little changed in Asian trade on Friday after falling below key levels this week on a sharp rebound in the dollar, with the U.S. main market now looking for further clues about a 2024 interest rate cut. The focus is on labor market data. The yellow metal had some […]