Pound Sterling stabilizes above 1.25 on cheerful mood, UK Employment in focus

Share: Pound Sterling climbs above a two-day high as the appeal for risk-sensitive currencies improves. Investors shift focus to UK employment data for July, which will be published on Tuesday. BoE Pill and Mann are set to speak on Monday and Tuesday, respectively. The Pound Sterling (GBP) rebounds strongly as bearish market sentiment

Canada August employment +39.9K vs +15.0K expected

Prior was -6.4K Full time +32.2K vs +1.7K prior Part time +7.8K vs -8.1K prior Participation rate 65.5% vs 65.6% prior Average hourly wages permanent employees +5.2% y/y vs +4.7% expected (+5.0% prior) Total average hourly wages 4.9% y/y vs 5.0% prior Unemployment rate 5.5% vs 5.5% prior Participation rate 61.9% vs 62.0% prior Involuntary

Pound Sterling remains vulnerable due to dismal economic outlook

Share: Pound Sterling finds an intermediate support, but the downside seems favored amid global uncertainty. BoE Dhingra warned that further tightening could hurt the UK economy. Investors shift focus to the July Employment data, which will be released on Tuesday. The Pound Sterling (GBP) discovered intermediate support as investors started digesting the potential

United Kingdom CFTC GBP NC Net Positions fell from previous £59.1K to £48.4K

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Pound Sterling cracks on hawkish BoE bets, firm US Dollar

Share: Pound Sterling resumes its upside journey as market mood turns upbeat after US job data. UK inflation is highest among G7 economies due to labor shortages and strong wage growth. BoE policymakers warned that interest rates will remain higher for a longer period. The Pound Sterling (GBP) weakens as market sentiment turns bearish and investors

XAU/USD bulls eye $1,950 and US inflation, employment clues for confirmation

Share: Gold Price stays defensive within multi-day-old falling wedge after snapping four-week downtrend. Mixed United States data, pullback in Treasury bond yields lure XAU/USD buyers within bullish chart pattern. Federal Reserve Chairman Jerome Powell, other policymakers defend hawkish bias but cite data dependency to prod Gold bears. Fed’s preferred inflation gauge, NFP will

United Kingdom CFTC GBP NC Net Positions up to £59.1K from previous £51K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any

United Kingdom CFTC GBP NC Net Positions climbed from previous £47K to £51K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any