JULY LABOR MARKET REPORT July U.S. nonfarm payrolls at 187,000 versus 200,000 expected Unemployment rate ticks down to 3.5%, one-tenth of a percent below consensus estimates Gold rises while the U.S. dollar slides following the release of the employment report Recommended by Diego Colman Get Your Free USD Forecast Most Read: Euro Price Outlook –
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Friday as traders awaited the release of the key U.S. payrolls data later in the session for more clues of the health of the country’s economy. At 03:05 ET (07:05 GMT), the , which tracks the greenback against a basket of six
Share: The US Dollar came under renewed selling pressure on Friday. The US Dollar Index declined below 102.00 and erased a large portion of weekly gains. US July jobs report showed a 187,000 increase in Nonfarm Payrolls in July. The US Dollar started to weaken against its rivals in the second half of the
Oil Prices, Charts, and Analysis Oil bolstered by Saudi Arabia, Russia output cuts OPEC+ meeting and US Jobs Report later. Recommended by Nick Cawley Get Your Free Oil Forecast The price of oil is trying to make a fresh three-month high after Saudi Arabia and Russia extended their output cuts yesterday. Saudi Arabia announced that
Here’s a snapshot of the equities space at the moment: Eurostoxx +0.1% Germany DAX -0.3% France CAC 40 +0.1% UK FTSE -0.3% S&P 500 futures +0.1% Nasdaq futures +0.3% Dow futures flat That’s hardly indicative of a more positive risk sentiment, the one that we saw from Asia and early trading in Europe. There are
Euro (EUR/USD, EUR/GBP) Analysis Recommended by Richard Snow Get Your Free EUR Forecast European Data Set the Bearish Tone Earlier in the Week The euro has experienced a sizeable selloff which only continued as the week progressed as EU data softened and US data remained relatively strong. On Monday we saw core inflation edge higher
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Brigid Riley and Alun John TOKYO/LONDON (Reuters) – The dollar rested below the previous day’s four-week high against major peers on Friday as investors looked ahead to the jobs report due later in the day that
Share: EUR/GBP struggles to capitalize on its modest intraday bounce from the 0.8600 mark. The BoE’s less hawkish signals undermine the GBP and act as a tailwind for the cross. Speculations that the ECB will soon pause its rate-hiking cycle caps gains for the Euro. The EUR/GBP cross attracts fresh buying near the
AUD/USD, GBP/AUD PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free AUD Forecast Most Read: The Reserve Bank of Australia: A Trader’s Guide AUD FUNDAMENTAL BACKDROP The Australian Dollar continued its recovery overnight with modest gains against both the Greenback and the GBP. The week thus far has proven to be another challenging
Eurostoxx +0.2% Germany DAX flat France CAC 40 +0.2% UK FTSE -0.1% Spain IBEX +0.2% This comes as we also see US futures trim its earlier gains. S&P 500 futures are only up 0.2% now with Dow futures rather flattish. Nasdaq futures were up as much as 0.7% earlier but are now seen up by
