Share: USD/JPY ascends to 149.50, rebounding from lows, driven by a US jobs report that eclipsed market expectations. Despite a surge, USD/JPY retraces slightly, settling around 149.20, with US 10-year note yielding at a sturdy 4.780%. Japanese officials express concerns over Yen volatility, while a rise in the 10-year JGB coupon hints at
Gold (XAU/USD) and Silver (XAG/USD) Analysis, Prices, and Charts Gold continues to struggle at multi-month lows. US Jobs Report is the next macro-driver on the economic calendar. Download the Brand New Q4 Gold Forecast Recommended by Nick Cawley Get Your Free Gold Forecast The US dollar is drifting lower in early trade as US yields
POUND STERLING ANALYSIS & TALKING POINTS UK GDP changes grim UK economic outlook. US PCE price index in focus later today. GBP/USD pulls out of oversold territory (RSI). Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD FUNDAMENTAL BACKDROP The British pound found some respite this Friday morning from both the US dollar and
The Australian labour market has been strong despite the most recent numbers, for July, indicating a decline in jobs. A bounce nack is expected in the August figures coming up today. If this expected rebound doesn’t happen it’ll be taken as a poor sign indeed for the jobs outlook. This snapshot from the ForexLive economic
Share: Office for National Statistics will release the UK labor market report at 06:00 GMT on September 12. The Unemployment Rate in the United Kingdom is set to rise to 4.3% in the quarter to July. The UK jobs and wage inflation data could have a strong bearing on the BoE interest rate
GBPUSD daily MUFG discusses the high possibility that this week’s UK labor report and the US CPI data could influence market expectations surrounding the Bank of England’s (BoE) rate hike. Recent statements from Governor Andrew Bailey and Chief Economist Huw Pill hint at a more dovish stance, which may affect the GBP’s performance in the
Markets: Gold flat at $1918 US 10-year yields flat at 4.26% WTI crude oil down 48-cents to $87.35 S&P 500 up 0.2% CAD leads, JPY lags The euro ends the day flat but it certainly wasn’t quiet as some hawkish ECB sources reports ahead of next week’s meeting, along with some lumpy flows led to
© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo By Karen Brettell NEW YORK (Reuters) – The dollar gained against the euro and Japanese yen on Friday after the August jobs report showed a still strong labor market, despite some
The Atlanta Fed left its GDP tracker for Q3 unchanged today: After this morning’s releases from the US Census Bureau, the US Bureau of Labor Statistics, and the Institute for Supply Management, an increase in the nowcast of third-quarter real gross private domestic investment growth from 11.8 percent to 12.3 percent was offset by decreases
Bitcoin (BTC), Ethereum (ETH) Prices, Charts, and Analysis: A decision on spot Bitcoin ETFs is pushed back to mid-October by the SEC. Bitcoin gives back all of this week’s bullish run-up. Bitcoin gave back nearly all of Tuesday’s rally on Thursday after the Securities and Exchange Commission (SEC) delayed making any decision on a raft
