© 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
© Reuters. Investing.com — Most Asian currencies moved in a tight range on Friday, while the dollar steadied after a strong week as markets awaited more economic signals from key U.S. payrolls data due later in the day. The dollar was headed for a third straight positive week, tracking a bounce in Treasury yields as
GOLD PRICES FORECAST: Gold prices retreat for a second consecutive day amid rising yields after better-than-expected U.S. economic data Traders should focus on the ISM services PMI and the U.S. labor market report in the coming days This article looks at key XAU/USD’s levels to watch this week Trade Smarter – Sign up for the
S&P 500 FORECAST The S&P 500 and Nasdaq 100 slide, but remain near multi-month highs ahead of key earnings and the U.S. jobs report Apple and Amazon will announce quarterly results on Thursday Meanwhile, the U.S. Bureau of Labor Statistics will release the July employment report on Friday Recommended by Diego Colman Get Your Free
Share: NZD/USD consolidates in a tight range between 0.6150- 0.6165. The June’s US Personal Consumption Expenditures (PCE) Price Index decreased to 3% from 3.8% in May. The New Zealand job market data, the US Nonfarm Payrolls remain in the spotlight this week. The NZD/USD pair oscillates in a narrow range in the early
MON: Japanese Retail Sales (Jun), Chinese Official PMI (Jul), German Flash GDP (Q2), New Zealand Labour CostIndex (Q2) TUE: RBA Announcement, Chinese Caixin Manufacturing Final PMI (Jul), German/EZ Unemployment Rates (Jul), EZ/UK/US Final Manufacturing PMIs (Jul), US ISM Manufacturing PMI (Jul), New Zealand Jobs Report (Q2) WED: BCB Announcement, US ADP Employment (Jul) THU: BoE
Share: Mullen stock has lost 22.1% over the past month, 4.7% over past five sessions. New agreement announced with Shoshoni Native American Tribe. Majority-owned Bollinger Motors receives $3 million grant from Michigan. Market awaits August 3 shareholder meeting for further news. Mullen Automotive (MULN) stock is around 5.0% lower on Friday, trading in
Share: Pound Sterling eyes more gains ahead of key interest rate policy The Pound Sterling (GBP) recovers as negative market sentiment eases despite the United Kingdom losing resilience in an aggressively restrictive monetary policy environment. Earlier, the GBP/USD pair faced wrath as the UK authority shows concerns about deepening recession fears due to consistent interest rate hikes
US Dollar (DXY) Analysis USD barely budges after the FOMC announcement as traders require more convincing around another rate hike. Dollar weakness seen this morning ahead of ECB Large speculators, hedge funds positioning suggests greater USD pessimism Major risk events: US Q2 GDP and PCE inflation data The analysis in this article makes use of
OIL PRICE FORECAST: Recommended by Zain Vawda How to Trade Oil Most Read: What is OPEC and What is Their Role in Global Markets? Oil prices have continued their impressive rally this week on the back of Chinese stimulus hopes and a tighter market boosting prices to levels last seen mid-April. This morning did bring
