© Reuters. Investing.com — Most Asian currencies fell on Monday, while the dollar and Treasury yields firmed ahead of key inflation data from the world’s largest economies, due later in the week. While the greenback logged steep losses on Friday, following mixed , it firmed in Asian trade as markets hunkered down ahead of U.S.
Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar managed to outperform its major counterparts this past week despite a weak finish on Friday. That followed the nonfarm payrolls report where the headline rate of jobs growth slightly missed expectations. But, a lower unemployment rate and still-strong average hourly earnings meant that
Share: A relatively quiet week is expected in terms of economic events, with no central bank meetings scheduled. However, a critical economic report to watch out for is the US Consumer Price Index (CPI) on Thursday. Here is what you need to know for next week: The US Dollar pulled back on Friday,
© Reuters. Investing.com – The U.S. dollar rose in early European trade Thursday, continuing the previous session’s positive tone as strong private payrolls data overshadowed Fitch’s downgrade of its U.S. sovereign rating. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 102.602,
© 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
Share: USD/CAD seesaws at the highest level in a month, making rounds to 1.3350 during early Friday morning in Asia, as traders await the top-tier employment statistics from the US and Canada for July. It’s worth noting that the Loonie pair trader’s doubts about the US Dollar’s latest retreat jostle with the firmer
Share: XAG/USD dropped to a daily low of around $23.37, but the bulls managed to push the price back to $23.60. The USD retreated following weak Services and Labour market data. Still, US Treasury yields will limit the metal’s advance. The XAG/USD silver’s spot price traded soft on Thursday but cleared daily losses.
EUR/USD & USD/JPY FORECAST: EUR/USD and USD/JPY will be very sensitive to the upcoming U.S. nonfarm payrolls report Market expectations suggest the U.S. economy created 200,000 jobs in July A strong headline print is likely to boost the U.S. dollar, weighing on the euro and the Japanese yen Recommended by Diego Colman Get Your Free
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US ISM Services PMI Heads Lower Services sector expands but concern over business activity, prices and new orders builds Employment softens ahead of Non-farm payroll data for July due tomorrow Recommended by Richard Snow Introduction to Forex News Trading US services PMI eased in July to 52.7, down from June’s 53.9 as business activity, employment
