EUR/USD bounds higher post-NFP, taps into 1.0600

Share: EUR/USD catches a firm lift post-US NFP release, climbing 1.12% from the day’s bottom. Broad-market flows have gone firmly risk-on following a bumper NFP reading for the USD. Euro traders will be looking ahead to Monday’s investor confidence indicator for October. The EUR/USD climbed 117 pips from Friday’s bottom bids of 1.0482

FTSE 100, S&P 500 and Russell 2000 Hover Above Support Ahead of US NFP

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, S&P 500, Russell 2000 Analysis and Charts ​​​FTSE 100 tries to recover from one-month low ​ ​The FTSE 100 is seen heading back up towards its 55-day simple moving average (SMA) at 7,521 while awaiting key US employment data.​If overcome, another attempt at reaching the

USD Bulls Eye Further Upside Post Host NFP Print

USD/CAD PRICE, CHARTS AND ANALYSIS: Read More: The Bank of Canada: A Trader’s Guide USDCAD had finally broken above the October 2022 descending trendline this week but has since run into some resistance just shy of the 1.3800 mark. This could just be a short-term retracement before a bullish continuation. Get your hands on the

Pressure is mounting on the Fed to hike rates once again – Commerzbank

Share: The US labor market held up surprisingly well in September. Pressure for another rate hike is rising, economists at Commerzbank report. Data for the previous months were revised significantly upward In September, job growth in the US amounted to 336K, which was significantly more than expected. The continued strong employment growth –

NFP to Revive EURUSD Downtrend?

Euro Analysis (EUR/USD, EUR/JPY) EUR/USD Driven by Countertrend Move is Yields, USD In an unsurprising fashion markets have cooled off in anticipation of today’s NFP print which was always going to be the standout event this week. Lackluster EU PMI data at the start of the week sent the euro lower against most of its

USD/CAD is not overvalued at current levels – ING

Share: Canadian jobs figures may tilt market pricing towards another BoC rate hike, but watch for data volatility, economists at ING report. Key jobs figures to steer rate expectations As it often happens, Canadian jobs figures will be released at the same time as the US ones, and the USD/CAD reaction will depend

Consolidates around mid-1.0500s, focus remains on US NFP

Share: EUR/USD struggles to gain any meaningful traction on Friday and oscillates in a narrow band. The technical setup seems tilted in favour of bears and supports prospects for further decline. Traders now await the release of the key US NFP report before placing fresh directional bets. The EUR/USD pair is seen oscillating