US Dollar marginally weaker as markets await key US employment data

Share: The US Dollar is slightly weaker against its major rivals to begin the week. The US Dollar Index stays above 101.50 after posting gains last week. US jobs report and other high-tier data releases this week could drive USD performance. The US Dollar stays marginally weaker on Monday after posting strong gains

Choppy yen at three-week low, euro firms after GDP, inflation data By Reuters

© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Rae Wee and Alun John SINGAPORE (Reuters) – The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan (BoJ) loosened its

Australian Dollar Blipped Up on China Data. Will AUD/USD Continue to Recover?

Australian Dollar, China PMI, Hang Seng Index, CSI 300, AUD/USD, RBA – Talking Points The Australian Dollar briefly pipped higher after Chinese data beat expectations If China can gain economic momentum, it could have implications for AUD Tomorrow’s RBA meeting moves into view. Will AUD/USD continue to recover? Recommended by Daniel McCarthy How to Trade

Newsquawk Week Ahead: Highlights include US jobs report, BoE, RBA and PMI data

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

US Dollar edges lower following soft PCE inflation data

Share: The US Dollar struggles to build on weekly gains on Friday. The US Dollar Index stays near 101.50 following Thursday’s rally. US PCE inflation data for June came in softer than expected. The US Dollar stays under modest selling pressure on Friday after posting strong gains against its rivals on Thursday. The USD

Can Dollar’s momentum continue in the week of US employment data?

Share: More central bank decisions await in the coming week, with live meetings at the Reserve Bank of Australia and the Bank of England. US data will remain in the spotlight with key employment data, including Nonfarm Payrolls. Canada and New Zealand will also release job market data. Eurostat will release inflation and

EUR/JPY rose following BoJ decision and German data

Share: The two-day BOJ meeting concluded with an unexpected adjustment to the Yield Curve Control. Germany’s Inflation data came in line with expectations of 6.5% but lower than the previous 6.6%, and Q2 GDP data disappointed. Ueda’s dovish tone weights on the Yen. At the time of writing, the EUR/JPY pair is trading

Will NFP and Services PMI Extend Hot Streak in US Data? BoE and RBA Next

Three major central banks, the Fed, ECB and BoJ communicated their latest policy decisions with Japan making tiny strides towards normalisation. In this discussion Nick and Richard analyse the potential for a carry trade unwind and support for the pound ahead of next week لینک منبع : هوشمند نیوز

USD/CAD remains limited by 1.3250, Loonie not impressed by Canadian data

Share: Canadian GDP expanded 0.3% in May. US data shows core consumer inflation slowing down. USD/CAD moves sideways on Friday, remaining near the levels it had a week ago. The USD/CAD dropped to the 1.3200 area following US and Canadian economic data but then rebounded, approaching the key resistance area at 1.3250. The