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Forex
GBP/USD consolidates as ADP jobs disappoint, ISM Services PMI tops forecasts
GBP/USD consolidates near 1.3430 after rebounding from a one-month low on Wednesday.US Dollar Index steadies above 98.00 following mixed US labor market…
USD/CAD falls to near 1.3800 ahead of US Nonfarm Payrolls
USD/CAD loses ground as the US Dollar struggles on rising odds of a Fed rate cut in September.The US Nonfarm Payrolls are expected to rise by about 75,000 in…
GBP is outperforming with modest gain – Scotiabank
The Pound Sterling (GBP) is up marginally against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Thursday’s NA session.…
JPY down marginally ahead of key labor cash earnings data – Scotiabank
The Japanese Yen (JPY) is down a marginal 0.1% against the US Dollar (USD) and finally recovery from the lower end of the performance rankings that had…
AUD/USD extends losses, approaches 0.6500 with US data on tap
The Aussie Dollar gives away Wednesday's gains in cautious markets ahead of key US data releases.Higher-than-expected trade surplus figures in Australia have…
GBP/JPY edges higher to near 199.30 as UK gilts rebound faster than Japan’s bonds
GBP/JPY gains slightly to near 199.30 as long-dated bond yields in the UK correct faster than in Japan.BoE’s Bailey acknowledged market expectations of…
Gold slips below $3,550 as US Dollar rebound offsets Fed cut bets
XAU/USD pulls back as traders book profits ahead of NFPs, despite 98% probability of Fed rate cut this month.US Jobless Claims rise while trade deficit widens;…
Pound Sterling Price News and Forecast: GBP drops against US Dollar ahead of US employment
Pound Sterling drops against US Dollar ahead of US employment, PMI dataThe Pound Sterling (GBP) ticks down to near 1.3435 against the US Dollar (USD) during…
EUR/CHF extends gains as Swiss CPI stays soft, Eurozone Retail Sales disappoint
EUR/CHF extends its recovery for a second consecutive day, supported by diverging macro signals.Swiss CPI remained unchanged at 0.2% in August while slipping…
US: Initial Jobless Claims rose to 237K last week
Initial Jobless Claims increased to 237K the previous week.Continuing Jobless Claims dropped to 1.940M.According to a report from the US Department of Labour…